Regional Insurtech Igloo and Vietnam’s AhaMove strengthen partnership with 3 new insurance products including hospital cash allowance to protect its drivers

Igloo, one of Southeast Asia’s fastest-growing insurtech continues to deliver affordable and accessible insurance coverage in Vietnam with 3 new insurance products through its partnership with AhaMove, Vietnamese on-demand delivery platform 3000 drivers will receive a 60% discount on Hospital Cash Allowance insurance coverage, as part of a community initiative from Igloo and Ahamove to protect […]

Regional insurtech Igloo and HD, the region’s only D2C direct-pay healthcare marketplace, announce partnership to launch insurance products on HDmall

BANGKOK, Nov 4, 2021 – (ACN Newswire via – Regional insurtech company Igloo has teamed up with HD to provide health-related micro-insurance products via the HDmall healthcare marketplace platform in Thailand. Muang Thai Insurance (MTI), one of Thailand’s leading non-life insurance companies, will be underwriting the health insurance products such as cancer and mobile […]

Regional insurtech Igloo named among “2021 Inclusive Fintech 50”

SINGAPORE, Nov 2, 2021 – (ACN Newswire via – Regional insurtech, Igloo, was named as one of the winners of the 2021 Inclusive Fintech 50 (IF50) competition, an annual competition hosted by The Center for Financial Inclusion. In its 3rd year, IF50 recognises early-stage Fintechs that are helping low-income customers and micro and small […]

PayMaya to offer ‘sachet-sized’ insurance products

PayMaya Philippines, Inc. partnered with international firm bolttech group to offer “sachet-sized” insurance products and services tailored for the country’s young and underserved market.    The products are under “PayMaya Protect,” which is powered by the insurance exchange platform of bolttech. It may be accessed through the PayMaya app.   “Our initial offers for health insurance and device protection are very relevant now, especially […]

Insurance Aggregator PolkaCover Rebrands to CoverCompared

Tallinn, Estonia/ SEAPRWire / October 12, 2021 / – PolkaCover, an insurance aggregator that is currently building itself on the Ethereum ecosystem, has officially announced that it will rebrand to Cover Compared. While the existing partnership ecosystem and token utilities would remain largely the same, CoverCompared welcomes a new era of innovation within the insurance sector. In their […]

E-Wallet DANA partners with Igloo, Providing Electronic Gadget Insurance

JAKARTA, Oct 7, 2021 – (ACN Newswire via – Indonesia’s leading e-wallet DANA today expands a new added value for its users by providing phone screen protection insurance with Singapore-headquartered regional insurtech Igloo. Through this partnership, DANA aims to offer its over 80 million users an affordable microinsurance solution through a digital channel to […]

Hitachi Partners with Bao Viet Insurance to Drive Innovation in Insurance Business using AI and Medical Big Data

HANOI, Vietnam, Oct 1, 2021 – (JCN Newswire via – Bao Viet Insurance, the largest Non-life insurance company of the Socialist Republic of Vietnam, Hitachi, Ltd., and Hitachi Asia (Vietnam) Co, Ltd., Hitachi’s local subsidiary in Vietnam, have signed an agreement to collaborate and drive innovation in the insurance business. The collaboration will integrate […]

Sun Life launches new Global Multi-Asset Fund

IN A bid to help clients diversify their US dollar assets, Sun Life of Canada (Philippines), Inc. is launching the Global Opportunity Payout Fund. Operating as a fund-of-funds, the Global Opportunity Payout Fund will invest primarily in a mix of foreign currency-denominated, income-generating and capital-appreciating financial assets, allowing clients to expand their investment portfolios and […]

Demand for health, life insurance products grows due to pandemic

THE Philippine American Life and General Insurance Co. said it is seeing increased demand for life insurance products due to the pandemic. — VAN TAY/UNSPLASH MORE FILIPINOS are now interested in availing insurance products for health and life protection versus investment-linked offerings amid the coronavirus disease 2019 (COVID-19) pandemic, officials from The Philippine American Life […]

Dynafront Successfully Lists on LEAP Market of Bursa Malaysia

KUALA LUMPUR, Jul 23, 2021 – (ACN Newswire via – Dynafront Holdings Berhad (“DynaFront” or the “Company”), an insurance technology specialist, made a successful debut on the LEAP Market of Bursa Securities Malaysia Berhad (“Bursa Securities”) today at 23 sen per share, which was 2 sen or 9.6% higher than its offer price of […]

Investing in innovation to help insurers expand faster, improve prospects

INSURERS THAT invest in innovation are able to expand faster and improve their operations, boosting their long-term prospects, an official from global insurance ratings agency AM Best Company said. Greg Carter, managing director of analytics for Asia Pacific at AM Best, said insurance companies that invest heavily in innovation see their businesses expand faster and […]

Pet insurance inquiries surge during pandemic on heightened importance of animal companions

INQUIRIES about insurance coverage for pets have surged during the pandemic, with policies becoming available from several companies over the past two years or so, the Insurance Commission (IC) said. Commissioner Dennis B. Funa said in a statement late Wednesday that the current policies available offer reimbursement on veterinary bills for certain illnesses or accidents, […]

KGISL Completes Acquisition of AETINS, Expands Expertise in the Insurance Space

Singapore / Malaysia, Jun 29, 2021 – (ACN Newswire via – KG Information Systems Private Limited (KGISL), a global IT services, consulting, and business solution provider, today announced the acquisition of AETINS Sdn. Bhd., (199801000924), through its wholly-owned subsidiary in Malaysia, KG Information Systems Sdn. Bhd. (201301013805). The acquisition is a part of KGISL’s […]

ADB backs more subsidies to avert long-term damage to PHL labor market

The Philippines needs to support its labor market by incentivizing hiring and introducing unemployment insurance to prevent long-term damage to the work force, Asian Development Bank (ADB) officials said in a blog post. “The pandemic could create long-lasting effects on employment. Put simply, this temporary large shock to the economy might produce a persistently lower […]

Cebuana Lhuillier, FWD ink partnership to offer sachet insurance products

CEBUANA Lhuillier and FWD Life Insurance Corp. have teamed up to offer sachet insurance products. — CEBUANALHUILLIER.COM CEBUANA LHUILLIER and FWD Life Insurance Corp. (FWD Insurance) have teamed up to offer sachet insurance products for Filipino households. Through the partnership, the insurance products will be sold through Cebuana’s branches to be offered to its about […]