News

WeLab Fundraising Attracts Cash Investment from Allianz X

WeLab, a leading fintech company in Asia, today announced it has completed the initial close of Series C-1 funding, led by Allianz X for US$75 million. Allianz X is the digital investment unit of the Germany-based Allianz Group, […]

Flood Insurance

Previsico Sets Up R&D Hub in Asia

‘Hot 100’ InsurTech Previsico, which provides real-time, street-level surface water flood forecasts to save lives and livelihoods globally, today announced it will be targeting the Asia market next. Backed by a grant from Hong Kong […]

Global insurance trends

China’s GI Market Set to Slow Down After Covid-19

China’s general insurance industry is forecast to grow by 3.8% in 2020, compared to 5.7% registered in 2019, according to GlobalData, a leading data and analytics company. GlobalData has revised China’s general insurance forecast in […]

Global insurance trends

Asia: Cyberport HK Offers Insurtech Start-Ups The Chance to Accelerate

This just in from one of the newswires, which offers a useful snapshot of how busy Cyberport in Hong Kong is right now. As a key promoter of Hong Kong’s digital technologydevelopments, Hong Kong Cyberport […]

Global insurance trends

Late Payments Becoming a Growing Problem, Says Atradius

Payment delays in Asia have increased, according to new economic research by leading trade credit insurer Atradius. The Atradius Payment Practices Barometer, released today (10th June 2020) measures the changing pattern of payment behaviour in B2B trade. In […]

Global insurance trends

Beazley Extends its Malaysia Activity With Local Subsidiary

Specialist insurer Beazley has extended its distribution capabilities in Asia Pacific following the authorisation by the Labuan financial regulator of a new service company. The new company, Beazley Labuan Limited, will support Beazley in building […]

InsureTech

Omniscience Launches Automated Life Insurance Underwriting Product

Omniscience today announced a new software suite that will, for the first time, automate life insurance underwriting decision-making by taking into account the many layers of complexity, breadth of data, and need for immediacy that modern […]

Global insurance trends

Global: Europ Assistance Opens Thailand Office

Europ Assistance today announced the opening of their new office in Thailand, furthering their commitment to the Asia region where they have operated for the past thirty years. This recently established presence in Thailand will […]