Global insurance trends

Australia Aims to Export Solar Generated Electricity

One of the world’s largest renewable energy infrastructure projects, the AUD30+ Billion Australia-Asia PowerLink (AAPowerLink), which will supply renewable electricity to Darwin and Singapore, reaches another milestone with the announcement of the Integrated Project Delivery […]

cyber insurance

Tokio Marine Singapore Hit By Ransomware Attack

Tokio Marine Singapore recently suffered a ransomware attack, here is the official statement from the company; On 31 July 2021, some of Tokio Marine Insurance Singapore Ltd.’s (“TMiS”) internal Windows servers were targeted by ransomware […]

Global insurance trends

Pacific Prime Joins Worldwide Broker Network

The Lion City’s leading insurance broker Pacific Prime Singapore has recently been announced as the newest Asia Pacific member of the Worldwide Broker Network™ (WBN), a global network of commercial insurance brokers and employee benefits consultants. Pacific Prime […]

Global insurance trends

Wilmer Gibson Buys Singapore Based Risk Business

Wilmer Gibson, a leading financial services firm providing world-class wealth management services, has announced the acquisition of a Singapore based insurance specialist and risk advisory business. Detailed information related to the name of the acquired […]

InsureTech

Axinan Becomes Igloo, After Series A Funding Round

Singapore-headquartered insurtech, Igloo (previously known as “Axinan”), announced that it has successfully closed its Series A+ funding round, bringing its total funding to US$16 million. The insurtech firm works with leading e-commerce and travel players […]

Technology

Drone Delivery & Taxis Soon? Maybe. VoloCopter Raise Extra £72m in Funding

Volocopter and DB Schenker have announced an investment into the pioneer of Urban Air Mobility, Volocopter, with Series C funding to now total € 87million. Besides DB Schenker, Mitsui Sumitomo Insurance Group, TransLink Capital join […]

Global insurance trends

Asia Market: Inzura Opens Offices in Thailand and Singapore

Inzura, the UK based InsurTech, has today announced that it is expanding its footprint in Asia, opening new offices in Thailand and Singapore.  Inzura has already established a strong brand presence in the region with […]