Tag "Bowtie"
Who Are the Top Insurtechs in Hong Kong?
Hong Kong’s vibrant startup ecosystem, home to over 3,000 startups, underscores its role as a global center for innovation, especially in the fintech and insurtech sectors. The city’s 550+ fintech companies and approximately 30 insurtech startups are revolutionising the insurance
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Hong Kong Digital Insurer Bowtie Bags US$34.9 Million in Series B2
Hong Kong’s virtual insurer Bowtie announced that it has raised a US$34.9 million Series B2 funding round led by main investor Sun Life Hong Kong and joined by Mitsui & Co., Ltd. In October 2021, Bowtie had closed its US$
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Bowtie’s Total Insured Amount Exceeded HK$60 Billion in Four Years
Hong Kong’s virtual insurer Bowtie announced that its total insured amount exceeded HK$60 billion with over 90,000 customers since its launch four years ago. Meanwhile, Bowtie’s overall recurring revenue recorded over 100% growth to HK$170 million last year. The COVID-19
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Hong Kong’s Virtual Insurer Bowtie Closes US$22.6 Million Series B1 Led by Mitsui
Hong Kong’s virtual insurer Bowtie announced the closing of a US$ 22.6 million Series B1 round led by Mitsui, with participation from existing investor Sun Life Hong Kong. Mitsui is said to be one of the largest Japanese trading firms,
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Hong Kong Insurance Authority Authorizes First Virtual Insurer Under Fast Track
The Insurance Authority (IA) announced that it has granted the first authorization of a new insurer owning and operating solely digital distribution channels under the Fast Track, marking a significant milestone of Insurtech development in Hong Kong. “The first virtual
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