NTUC Income, IIPL launch insurtech accelerator programme
NSURTECH (or insurance tech) is gaining prominence. On Monday, NTUC Income unveiled "Income Future Starter, Powered by TAG.PASS", an accelerator programme to foster business innovation in the insurance sector. It will be launched in partnership with Infocomm Investments Private Ltd (IIPL), a wholly-owned subsidiary of the Infocomm Development Authority (IDA) of Singapore, under IIPL's trademark TAG.PASS accelerator programme. This is believed to be the first partnership between an insurer in Singapore and IIPL.