China's Leapstack seeks partnership with South Korean insurers

Leapstack will provide big data AI solutions to Korean commercial insurers.

Chinese insurtech firm Leapstack is looking to partner with multiple South Korean insurers as it forges ahead into the South Korean market, an announcement read.

Leapstack will provide big data AI solutions for commercial insurers and social security management agencies. It is expected to reach cooperation with multiple insurers in South Korea by the end of 2021.

As part of its business strategy in Asia, Leapstack plans to further expand its presence in and Japan by offering one-stop, smart risk management services powered by its core RPA and AI technologies.