Philippines

Replacing LIBOR is a global headache but also an opportunity for Asian markets – if banks get the tech right.

Hi there, Here’s what went down in insurance tech this week. Deals & Exits P&C IDI Direct Insurance, an Israel-based direct to consumer insurance provider, raised a $29.41M Seri...

UnionBank, partners push microinsurance to cover untapped $4.2-B PH market. Business · By Jason Junior Last updated Aug 22, 2020. 0. Share. Loading.

Singapore-based insurtech platform Igloo, e-commerce platform Akulaku and UnionBank of the Philippines will be offering microinsurance services in the ...

The penetration of micro-insurance in the Philippines is one of the highest globally – making up to 25% of its population last year, and expected to reach 48 % by ...

TWO INSURANCE companies have launched new microinsurance products, likewise teaming up with digital partners to make these more accessible to the ...

These micro-insurance products are easy to purchase, simple to understand, and most importantly, highly affordable with 3, 6, 9, and 12 month plans. The ...

Igloo, the Union Bank of the Philippines (Union Bank) and Akulaku have struck up a partnership, enabling them to offer microinsurance policies to the region

“PASS-IT's gamified style lets multiple learners be immersed in situations where they are given the opportunity to participate in what would usually be a highly ...

The deal was conducted as a stock-for-stock trade resulting in Tulco becoming a significant minority shareholder in Acrisure.

Singlife Philippines has partnered with the Philippines fintech company GCash to sell its life insurance products on the latter’s mobile wallet platform.

The key resource for accurate, insightful and reliable coverage of Asia’s insurance and reinsurance market.

The key resource for accurate, insightful and reliable coverage of Asia’s insurance and reinsurance market.

Banks, fintechs and tech vendors see huge upside for open banking models – if all parties are getting a fair deal.

... deep learning, facial recognition, machine learning, software-defined security ... is extending insurance coverage, affordable meals and income assistance for ...

To enable Microinsurance-Mutual Benefit Associations (Mi-MBAs) to generate adequate funds and create better insurance products that will address needs of the ...

AN insurance technology (insurtech) startup plans to launch an online marketplace for insurance products to provide Filipinos with “democratized access” to ...

... business model into the digital age. The AUS has allowed InLife to quickly render underwriting decisions to life insurance applications in less than 30 minutes.

The government wants its own bank to become the primary digital financing vehicle for Filipinos working overseas.

The fallout from Covid-19 could be seen in the following quarters.

The internet economy is expected to reach US$300bn by 2025.

GCash partnered with MicroEnsure Philippines, a leading microinsurance brokerage in the world, to provide Filipinos access to insurance underwritten by top ...

Following the acquisition, GoBear will offer lending-as-a-service to its 100 banking and insurance partners.

A panel of experts explores how the workers' comp industry should adapt to the profound changes caused by the COVID-19 pandemic.

Machine learning technologies include things like real-time risk-based pricing, insurance pricing and many other applications. More in Headlines. Javier J.

Insurtech: Singapore-based Axinian, an Insurance Technology Firm, Rebrands itself to “Igloo”, Secures Additional Funding.

Founder Wei Zhu wants to tap into the rise of digital in South-East Asia.

The Microinsurance MBA Association of the Philippines, Inc. (MiMAP) also known as RIMANSI was established in 2005 to help professionalize the management ...

Founded in 2016 by former chief technology officer of Grab, Wei Zhu, Igloo is a full-stack insurtech firm powered by artificial intelligence (AI) and big data that ...

The Singapore-based insurtech startup formerly known as Axinan has closed its Series A+ funding round, accruing US$16 million funding and rebranding itself as Igloo

Life insurer Manulife and its bancassurance arm slashed first year premium rate on select local protection products by 20 percent, to make coverage more ...

Latest whitepapers and reports from EXL - Insurance Hound

At the pawnshop, the person can also purchase microinsurance, pay bills or borrow cash. Despite a bad reputation for dishing out predatory loans and high ...

The country’s regulator has said that non-life insurers can use digital channels to sell their products for the time being

Fraught with time consuming processes and heavy regulatory requirements, insurance companies can easily fall behind in today's on demand world. While the ...

Pacific Life Re said that FWD Philippines has adopted a digital solution from its ... The digital solution, which was developed on the Underwriting Rules Engine ... Judith Bal...

After the collaboration with FWD Singapore, FWD Life Insurance Philippines is ... application process and provide an underwriting decision at the point of sale.

With the rapid expansion of technology entering every field of business, manufacturers and service providers are being presented with previously unconsidered opportunities to re...

FWD Philippines is partnering with Underwrite me to shorten the application process and provide an underwriting decision at the point of sale. 

Pacific Life Re has announced a new partnership with FWD Philippines, which will see FWD adopt a digital solution from Pacific Life Re’s insurtech

On March 18, Attestiv, a firm combating digital fraud and deep-fakes using blockchain technology, announced that it had secured funds exceeding $2 million in a ...

And the deal embeds the local insurtech into AMTD's expanding nebula of partnerships and channels.

By offering microinsurance plans customized specifically to cater to low-income families, BPI-Philam has been working towards meeting the demands of this ...

MCBL is the bancassurance arm of Manufacturers Life Insurance Co. Inc. (Manulife) and China Banking Corp. Named as the MCBL Assure Max, the new plan ...

Insurtech is still in its early stages, particularly in Australia. Here's an illustration: Of the US$1.7 billion (~AU$2.5 billion) invested in insurtech start-ups in 2016, ...

We round out February by welcoming Lyndon Reid as a permanent member of the AIP News RoundUp team!   The team started by looking at the recent announcement by SwissRe’s iptiQ pl...

The firm brings aboard Frank Troise to extend deal-making to Asia, starting with virtual banks.

The Microinsurance MBA Association of the Philippines (MiMAP) also known as RIMANSI, with the support of Citi Foundation, held its annual National ...

Vikram Subrahmanyam says external partnerships will play a bigger role as Citi goes agile.

This, Watson pointed out, indicates a huge gap in Asia's insurance market in ... an innovative automated immersive therapy using virtual reality (VR) for mental ...