The Duxes Finance Series news portal, provides information on breaking developments in the global finance industry, with a special focus on cutting-edge improvements in Fintech. The website features in-depth coverage of product innovation and development in the payment, consumer finance, and finance industries, as well as thorough analysis of the regulatory environment for Fintech, with the goal of promoting exchange and dialogue across the industry.
These days, insurance technology is changing the whole face of the industry, from the types of policies that are offered, to how and where they are sold.
Ambitious insurers from Europe are increasingly partnering with an unusual range of Chinese companies, such as food manufacturers and retailers, with the aim of breaking into the country's growing insurance market, according to the latest reports.
Since July last year, China's State Council has promulgated 11 measures to further expand the opening-up of finance to the rest of the world, covering various financial fields such as banking, insurance, securities and funds. Recently, the Executive Committee of the State Council has confirmed that ...
Since 2019, the trend of strict regulation has run through the development of the whole insurance industry in China.
Leading industry players gather in the ITAS to discuss latest trends, strategy in insurtech space
Hong Kong's insurance regulator recently issued its first ever virtual general license to Avo Insurance, a digital-only company, which will enable it to sell a range of products in different areas such as travel and property.
While India, Singapore and China all have growing domestic insurtech industries, the integration of technology into insurance is also creating waves across neighboring Southeast Asia.
Indonesia's leading ride-hailing app Go-Jek is teaming up again with Insurtech startup PasarPolis to launch a new online travel insurance service which it has called Go-Sure.
Malaysia insurer introduces policy downloads, customer services via WhatsApp
FWD Group, the Asia-wide insurance company backed by the HK-based Pacific Century Group (PCG), has announced it is acquiring the life insurance business of Siam Commercial Bank (SCB) in Thailand for around US$3bn.
Two insurtech startups in Singapore have secured millions in funding in recent weeks, in another strong show of support for the perceived future of the industry from well-established insurance providers and overseas investors.
Britain's Minister for Investment Graham Stuart MP recently signed a statement of intent with newly-formed membership body Insurtech UK to work together on several initiatives to encourage the domestic and international InsurTech community.
Tencent-backed Chinese online insurance company, Waterdrop, has secured funding to the tune of over US$145 million (over 1 billion yuan), during a recent funding round run by Boyu Capital, a private equity firm.
As one of the world's oldest financial businesses, the function of the insurance industry has always been one that is dependent on insurers grouping together of policy seekers into certain risk categories. The broader the grouping, the less detailed are the risk categories, which leads to many peopl ...