Tag: Asia

IBISA, a global leader in the Climate InsurTech sector, has successfully raised $3m to enhance its parametric insurance offerings aimed at mitigating weather-related risks across Asia and Africa.

Insurance giant Aviva and financial services company Singlife have launched a new accelerator programme to support the growth of InsurTech startups in Singapore.

Singapore-based financial wellness app Autumn has formed a partnership with dacadoo to enhance its mental and physical wellbeing of users.

Filipino FinTech GCash has partnered with InsurTech Igloo to help support its large customer base with bolstered online shopping protection insurance.

One of the key recent trends in global insurance has been the growth of InsurTechs in emerging markets. Research by SwissRe previously forecasted that emerging market premiums would more than double over the next ten years and outpace advanced market premium growth by four times. Post-pandemic, is this forecast still relevant?

OneDegree, which claims to be one of the fastest growing InsurTech companies in Asia, has raised $28m in its Series B1 funding round.

Singaporean InsurTech Bolttech has purchased European business-to-business-to-consumer fellow InsurTech I-surance for an undisclosed fee.

Ignatica, a plug & play SaaS insurance platform, has reportedly bagged $7m in its pre-Series A funding round.

Indonesian InsurTech startup PasarPolis has reportedly raised $5m in funding from the International Finance Corporation (IFC).

bolttech, a digital ecosystem for insurance, has launched a money-back service promise for its device protection offering.