Digital insurance
YAS deploys AI to adjust premiums for Hong Kong taxis
YAS deploys AI to adjust premiums for Hong Kong taxis
It will initially cover around 1,000 hybrid and electric taxis.
GCash issues 51.4m insurance policies since 2021
The company currently offers 48 insurance products.
Insurance analytics market to reach $44b by 2032 on data demand
Asia-Pacific is emerging as the fastest-growing region.
Erajaya Digital debuts repair and cyber alert service with bolttech
The programme includes repair coverage for physical damage.
FSC revises digital insurance rules to boost innovation in Taiwan
It will also open the digital insurance sector to non-financial backers.
Fear, literacy gaps, and costs slow insurers' digital shift
Insurers cite job fears, digital illiteracy, and high costs as barriers.
Carrot granted exclusive behavioural-based insurance use in auto
Since the launch of its BBI product, the accident rate amongst its customers has been at 12%.
Blue to partner with over 100 brokers in 2 years through new channel
The first product available is the 25-year participating life insurance plan.
Digital Care revamps to bolttech
The company hopes to strengthen its presence in other regions besides Asia.
Insurtech KoverNow launches protection for luxury watches
The insurance can be turned on and off on an as-needed basis.
Virtual insurer Bowtie cuts down product prices by half
This is done by cutting out insurance agents from the onboarding process.
Hong Kong digital life insurer Blue launches outpatient service mobile app
This follows the launch of the Blue WeMedi Outpatient protector plan.
Ping An launches digital RMB insurance policies in Shenzhen
This insurance policy provides compensation to medical workers for COVID-19 and accidental death.
India's RenewBuy pool $45m in Series C funding
It will use the investment to compete with PolicyBazaar.
South Korea's Kakao clinches initial nod for digital non-life licence
The company will be granted full approval within six months once prerequisites are met.
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1. India insurance market sees moderating premium growth: Report 2. Remote job demand in Singapore insurance rises 15.3% 3. Tokio Marine Life, RHB launch guaranteed-acceptance plan for seniors 4. Manulife to sell MVI Life to Japan’s Asahi Life 5. Hong Kong reinsurers to absorb significant claims from Wang Fuk Court fireResource Center
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AI isn’t replacing insurance, it’s finally making it work