Tag "OneDegree"
OneDegree Launches Cyber Insurance for Industries Beyond Web3
OneDegree has expanded its digital asset insurance portfolio by unveiling OneInfinity Cyber Insurance, aimed at a broad spectrum of industries beyond Web3 companies. This development comes when the digital landscape is increasingly besieged by cyber threats, amplified by the advent
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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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OneDegree Eyes Opportunities with Global Stablecoin Issuers in HKMA Sandbox
Insurtech OneDegree, is seeking global stablecoin issuers to work with them on the Hong Kong Monetary Authority (HKMA) stablecoin sandbox. Alvin Kwock, co-founder of OneDegree, announced on LinkedIn that the firm is committed to working alongside the HKMA stablecoin sandbox.
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Hong Kong Insurtech OneDegree Announced Executive Appointments
Hong Kong-based virtual insurer OneDegree Group has appointed Michelle Ip as CEO of its technology division, OneDegree Global, and Robin Scott as General Manager of the newly established OneDegree Middle East division. Michelle, who joined OneDegree in 2022, brings extensive
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Dubai Insurance Invests in OneDegree for Digital Asset Insurance Partnership
Hong Kong’s insurtech OneDegree has secured an investment from the Dubai Insurance Company for its Series B funding round as part of a partnership to offer digital asset insurance in the United Arab Emirates (UAE). The sum was not disclosed.
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Insurlog Ties Up With OneDegree’s IXT to Enhance Logistics Insurance in Vietnam
Insurlog, a provider of last-mile delivery insurance for e-commerce enterprises in Vietnam, has joined forces with OneDegree Global‘s insurtech division IXT. This collaboration aims to offer businesses a comprehensive and integrated solution to mitigate risks along the supply chain. Through
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OneDegree Makes Its First Investment in Thai SaaS Insurtech Eazy Digital
Hong Kong’s insurtech OneDegree Global has made its first external investment in Eazy Digital, a Bangkok-based SaaS platform for insurance companies and brokers. The sum was not disclosed. The investment is said to be a part of a strategic partnership
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OneDegree Secures Its First Venture Debt Financing From HSBC
Hong Kong’s digital insurer OneDegree Group announced that it has closed its first venture debt financing transaction with HSBC. Details of the financing was not disclosed. With this venture debt, OneDegree will be able to bolster its capability to accelerate
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OneDegree Raises Another US$27 Million to Close US$55 Million Series B
Hong Kong’s digital insurer OneDegree Group announced that it has secured an additional US$27 million to close its Series B funding round at US$55 million. The fundraise was joined by existing investors Gobi Partners, Sun Hung Kai and Bitrock. The
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OneDegree Rolls Out LGBTQ+ Family-Friendly Home Insurance Product
Hong Kong’s digital insurer OneDegree announced expands its product offerings with the official launch of the “OneDegree Home Insurance”. This latest addition follows the launch of its diverse range of products which include pet, fire coverage and critical illness offerings.
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