Sent on December 23, 2020

Newsletter ITN

News

monitor.co.ug

Agricultural tech firm pula scoops end of year InsurTech award

December 22, 2020

Pula, a Kenyan leading agricultural technology company that develops and provides crops and livestock insurance last Friday scooped the continent’s InsurTech company of the year award during the 6th annual...

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crowdfundinsider

U.S. Insurtech battleface Secures $12 Million Through Series A Funding Round Led By Drive Capital

December 22, 2020

battleface, a UK-based insurtech that specializes in travel insurance, recently announced it secured $12 million through its Series A funding round, which was led by Drive Capital.  Founded in 2017, battleface...

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businessinsider-com

Oscar could be the first ever health insurtech to make a public debut

December 22, 2020

New York-based health insurtech Oscar bagged $140 million in its latest funding round—trailing its $225 million haul just five months ago. For context, Oscar offers health insurance plans in 18 states and...

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insurancejournal

Insurance M&A Rebound to Continue Into 2021: PwC

December 22, 2020

Insurance mergers and acquisitions (M&A) rebounded from COVID-19 challenges in the second half of 2020. The trend should continue well into 2021 as companies unload non-core assets and purse cost-effective...

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Chinese firm ZA Tech Global is partnering Indonesian payments giant Ovo to offer Indonesian insurance companies access to its proprietary insurtech capabilities and applications.

December 22, 2020

BCP, the holding company of Indonesia’s leading e-wallet Ovo, and ZA Tech Global, a technology venture for overseas markets of ZhongAn Online P&C Insurance, have announced a strategic joint venture...

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insurancebusinessmag.com

What's the most significant challenge for marine insurance claims managers?

December 18, 2020

Speed of process is the biggest challenge facing marine insurance claims managers, according to new research from Marine Judge, an AI-driven marine insurance platform. Marine Judge found that 44% of...

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businessinsider-com

Insurtech Bestow raises $70 million for term life insurance

December 18, 2020

US-based Bestow has raised $70 million, per PR Newswire. Launched in 2017, the insurtech's digital platform directly offers term life insurance coverage to consumers. It also launched Protect API in...

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insurancebusiness

Hong Kong Insurance Authority recaps “eventful” year

December 17, 2020

Hong Kong’s Insurance Authority (IA) has published its annual report for 2019-2020, which outlined its major activities and initiatives in a year marked by the massive disruption caused by the...

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mccourier.com

India Fintech Market Insights, Trends, Updates, Future Forecasts Upto 2025

December 17, 2020

The Fintech market in India was valued at ~INR 1,920.16 Bn in 2019 and is expected to reach ~INR 6,207.41 Bn by 2025, expanding at a compound annual growth rate...

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asiainsurancereview

Southeast Asia:Tech-driven microinsurance approach drives InsurTech startup's GWP

December 17, 2020

Singapore-based InsurTech Igloo is closing the year with very favourable performance results, expecting a fivefold increase in gross written premiums facilitated through its platform compared to 2019, the company says...

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Agenda

January 11, 2021

on-line

REUTERS NEXT: Rethink, rebuild, recover. A new vision for a better tomorrow

REUTERS NEXT kicks off 2021 by gathering global leaders and forward thinkers to reimagine solutions to the challenges the new year brings. After the extraordinary upheavals of 2020, we will come together to look ahead at opportunities for change and growth, as...

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February 02, 2021

Singapore

InsureTech Connect Asia

THE FUTURE OF INSURANCE IS HERE InsureTech Connect is the world s largest insurtech event, offering unparalleled access to the largest and most comprehensive gathering of tech entrepreneurs, investors and insurance industry incumbents from across the globe. ITC 2019 will...

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