InsurTech
Digital Insurer Blue Launches WeMedi Top Up to Subsidise Existing Outpatient Plans
Hong Kong’s digital life insurer Blue announced the launch of its WeMedi Top Up (Outpatient) Protector, a top up outpatient plan in the digital life insurance market to subsidise existing outpatient plans to help customers alleviate the financial burden of
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Experts Warn of Increased Cyber Risks in The Insurance Sector
The COVID-19 pandemic has sped up digital transformation and accelerated the shift to digital channels, introducing new cyber risks which insurance companies need to manage and mitigate, insurers and cybersecurity experts said during a virtual panel discussion. Simon Chandran, Financial
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Insurer YF Life Rolls Out Google Cloud-Powered Cantonese Chatbot
Hong Kong insurer YF Life and HKBN Enterprise Solutions (HKBNES) have teamed up to launch a Google Cloud-powered Cantonese voice chatbot dedicated to insurance services and is set to be launched early next year. The chatbot leverages Google Cloud‘s AI
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Digital Insurer Blue Rolls Out Post-Vaccination Protection Campaign
Digital life insurer Blue has launched the #WeSupport campaign to provide its customers with free post-vaccination protection from 8 April 2021 to 31 July 2021. Blue offers two complimentary protections where eligible customers can receive HK$300 pharmacy expenses protection and
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ZA Bank Kicks off Its Insurtech Offering With New Pure Life Insurance Product
Hong Kong’s virtual bank ZA Bank has joined hands with ZA Insure, a fully digital insurer under the ZA brand, to offer pure life insurance “ZA Life Protection” via the former’s mobile app. ZA Bank was granted an Insurance Agency
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Ping An Named the World’s Most Valuable Insurance Brand Fifth Year in a Row
Ping An Insurance was named the world’s most valuable insurance brand in the Insurance 2021 100 Ranking, a spot in which they have retained for the fifth year in a row. Brand Finance, a brand valuation consultancy valued the Ping
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Digital Insurer Blue First to Adopt Hong Kong’s iAM Smart Digital Identity Authentication
Hong Kong’s digital life insurer Blue has adopted the iAM Smart authentication method, providing a digital alternative for customers to verify their identity during the online policy application process. Blue claims to be the first insurer to do so. iAM
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YAS Launches Microinsurance for NFTs
Hong Kong-based insurtech YAS announced the launch of of a NFT (Non-Fungible Token) microinsurance called NFTY, joining hands with Generali‘s Hong Kong Branch to co-develop it. YAS claims that NFTY will become the world’s first microinsurance product to cover NFTs.
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ZA Tech Partners With Prudential’s Indonesian Joint Venture
ZA Tech, the technology venture founded by ZhongAn Online and backed by Softbank’s Vision Fund, has partnered with PFI Mega Life (PML), Prudential Financial Inc’s joint venture in Indonesia to promote financial inclusion in Southeast Asia. ZA Tech will leverage
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From Insurance Firm to Tech Ecosystem: Ping An’s Rise to Becoming a Tech Giant
China’s Ping An started out as a property and casualty insurance company but rapidly grew into becoming what we know today as one of the world’s biggest tech giants. A new case study published by the International Institute of Management
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