Insurer Sompo to leverage Israeli insurtech Planck’s tech capabilities
The collaboration will help Sompo improve quote to submission time and increase accuracy...
Category : Insurance
Swiss Re to invest $200 mn in a new parent company called Definity
It will serve as the parent company to Economical Insurance, Family Insurance Solutions, Petline Insurance and Sonnet Insurance...
Hong Kong-based insurtech OneDegree raises $28 mn to expand in Asia
Investors such as Sun Hung Kai and AEF Greater Bay Area Fund took part in the funding round...
Lifepal raises $9mn to improve its product and customer experience
The funding round was led by ProBatus Capital and other participants included Cathay Innovation, Insignia Ventures Partners, ATM Capital, and Hustle Fund...
LIA Singapore reports a 61% increase in sales in H1 2021
The growth represents the industry bouncing back from the slow sales observed in the first half of 2020 due to Covid-19 pandemic...
Cocogen COVID-19 Assist+ is the Philippines’ first Covid-19 microinsurance product
Cocogen COVID-19 Assist+ helps deal with the financial aspect of the pandemic...
Dai-ichi Life acquires Westpac’s life insurance business for $660 mn
Through this deal, Dai-ichi will look to boost its international business...
Nigeria ranks fifth in Africa in terms of premiums: Swiss Re
Nigeria comes last in terms of insurance premiums among nine African markets...
South Africa insurtech startup Pineapple raises $5.4 mn to expand its markets
In the last six months, the company has grown by 200%...
Great Eastern launches Singapore’s first green insurance
GREAT Green SP is a three-year single premium endowment plan that provides 1.5 percent interest per annum guaranteed yield upon maturity...