Tag "OneDegree"

OneDegree Partners With Munich Re to Launch a Digital Asset Insurance Product

Hong Kong insurer OneDegree announced that it has entered into a three-year strategic partnership with Munich Re to launch OneInfinity, a digital asset insurance product. OneInfinity is an insurance and technology product offering designed specifically for digital asset trading platforms,

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Hong Kong Insurer OneDegree Offers Digital Assets Protection for HKbitEX

Hong Kong’s multi-line insurer OneDegree announced a partnership with digital asset exchange HKbitEX to offer protection for its sister company ON1ON’s custody platform. The partnership will ensure that US$100 million of digital assets under management will be protected. OneDegree will

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Pet Insurer OneDegree Raises US$28 Million to Expand Across Five Continents

OneDegree, a Hong Kong-based insurtech startup under the Cyberport Incubation Programme, announced that it has raised US$28 million in a Series B1 funding round, bringing its total funds raised to over US$70 million. This Series B1 funding round includes participation

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Cyberport Venture Capital Forum Forum Kicks Off Today

Cyberport’s annual flagship tech investment event, Cyberport Venture Capital Forum (CVCF), is slated to take place on 3-4 November. During a media briefing, Peter Yan, CEO of Cyberport; Eric Chan, Chief Public Mission Officer of Cyberport and Cindy Chow, Chairlady

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Virtual Insurer OneDegree Pivots to Offering Core Insurance Platform to Incumbents

OneDegree Global, an insurtech firm with presence in Hong Kong and Taipei, announced today that it has launched IXT Core, an enterprise-grade core insurance platform that powers digital transformation for insurers, MGAs and brokers. OneDegree is being as a virtual

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OneDegree Obtains Virtual Insurance License in Hong Kong

OneDegree Hong Kong announces today that it has been granted a virtual insurance license by the Hong Kong Insurance Authority (“IA”). This virtual insurance license is granted under the IA’s “Fast Track” scheme that was launched in 2017 to promote

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Hong Kong Insurtech OneDegree Closes Over US$ 30 Million in Extended Series A

OneDegree, a Hong Kong-based insurance technology start-up under Cyberport Incubation Programme, extends its Series A round to above US$30 million, subject to regulator’s approval. The extended round is led by BitRock Capital and it sees participation from Cyberport Macro Fund,

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Hong Kong Insurtech Startups Raised HK$100 Million in Series A Funding

OneDegree (also known as Bola) a Hong Kong-based insurance technology start-up under Cyberport Incubation Programme, announced the full subscription and execution of its Series A funding, with investors committing HK$100 million, plus an additional HK$100 million for future financial support at

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