Hike in insurance costs for ships entering Black SeaIFM CorrespondentApril 11, 2022 by IFM CorrespondentApril 11, 2022 Insurance companies are charging as much as a 10% premium on the value of the price of ships.... Read more
Indonesian insurtech Fuse raises $25 mn to expand in Southeast AsiaIFM CorrespondentDecember 13, 2021 by IFM CorrespondentDecember 13, 2021 The startup has raised nearly $50 mn in the last 6 months... Read more
Malaysian insurtech Fatberry acquires MooMoo to expand its presence in ThailandIFM CorrespondentNovember 19, 2021 by IFM CorrespondentNovember 19, 2021 MooMoo offers motor insurance to over 6000 customers in Thailand... Read more
Aquiline Capital Partners acquires majority stake in UK insurtech Ripe ThinkingIFM CorrespondentNovember 3, 2021 by IFM CorrespondentNovember 3, 2021 The financial details of the deal have not been disclosed yet... Read more
MEDGULF wins the best CSR program award in Saudi ArabiaWebAdminNovember 2, 2021November 2, 2021 by WebAdminNovember 2, 2021November 2, 2021 MEDGULF’s CSR program is aligned with international standards... Read more
Floods in Europe to cost insurers nearly $12 bn: Swiss ReIFM CorrespondentOctober 7, 2021 by IFM CorrespondentOctober 7, 2021 Swiss Re alone would lose around $520 mn due to the floods... Read more
The UN’s development arm launches insurance programme for developing nationsIFM CorrespondentSeptember 29, 2021 by IFM CorrespondentSeptember 29, 2021 The programme will cover socio-economic, climate and health-related disasters... Read more
Philippines-based fintech GCash branches into insuranceIFM CorrespondentSeptember 24, 2021 by IFM CorrespondentSeptember 24, 2021 GCash has partnered with Singapore-based insurtech Igloo... Read more
UK fintech Symplifi partners with AXA for health insurance in NigeriaIFM CorrespondentSeptember 22, 2021 by IFM CorrespondentSeptember 22, 2021 The insurance benefits will be available when the customer apply and secure loans on the SympliFi app... Read more
Insurer Sompo to leverage Israeli insurtech Planck’s tech capabilitiesIFM CorrespondentSeptember 14, 2021 by IFM CorrespondentSeptember 14, 2021 The collaboration will help Sompo improve quote to submission time and increase accuracy... Read more