Insurtech
The InsureTech Connect Asia 2022 Is Back for Its 3-Day Physical Event
InsureTech Connect Asia (ITC Asia) will be hosting the first 3-day in-person event since the pandemic from 7 – 9 June 2022 at Suntec Convention & Exhibition Centre, Singapore. The insurtech event has offered unparalleled access to the largest and
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Touch ‘n Go eWallet Rolls Out Travel Insurance Offering With AIA
TNG Digital, owner and operator of Touch ‘n Go eWallet, announced the launch of SafeTrip, its second insurance product collaboration with AIA Malaysia. SafeTrip is a travel insurance plan for both domestic and international travel which covers travel inconvenience, medical expenses,
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Tune Protect Becomes The First Insurer to Move Its Core to the Cloud
Tune Protect Malaysia is now the first insurer in the country to have received approval from Bank Negara Malaysia (BNM) to host its insurance core system on Telekom Malaysia’s (TM) Cloud α Edge. This was made possible via a collaboration
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BNM Paves the Way for Digital Insurance with Proposed Licensing Framework
Bank Negara Malaysia on Tuesday issued the Discussion Paper on Licensing Framework for Digital Insurers and Takaful Operators. The Discussion Paper outlines the proposed framework for licensing new digital insurers and takaful operators (DITOs) to encourage digital innovation in the
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Singaporean Insurtech Igloo Partners Pine Labs to Expand Its Footprint in Malaysia
Singaporean insurtech firm Igloo announced a new partnership with digital payments service provider Pine Labs, marking the extension of its regional footprint in Malaysia. Through the partnership, Pine Labs will offer shoppers hassle-free and easy mobile phone protection solutions under
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GHL Teams up With Senang to Offer Micro Insurance for Retail Purchases
GHL Systems and homegrown insurtech company Senang have extended their strategic partnership to provide Malaysians with micro-insurance coverage for non-conventional retail purchases that are not commonly insured. SenangSikit which is insured by The Pacific Insurance Berhad, enables customers to obtain
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MCIS Life Acquires 4.99% Stake in Merchantrade
MCIS Insurance (MCIS Life) has taken up a 4.99% stake in Merchantrade Asia, a Malaysian money services business provider, for an undisclosed sum. The acquisition is set to accelerate MCIS Life’s digital transformation journey and leverage on Merchantrade’s digital capabilities,
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Malaysian Insurtech Fatberry Acquires MooMoo to Expand Its Footprint to Thailand
Malaysian insurtech platform Fatberry.com announced that it has expanded its footprint to Thailand through the acquisition of Bangkok based MooMoo Non-Life Insurance Broker (MooMoo) for an undisclosed amount. MooMoo started as a non-life insurance broker in 2014, offering motor insurance
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Merchantrade Partners MCIS Life to Launch Micro Insurance With Celcom
Merchantrade Asia, a Malaysian money services business provider, has partnered with MCIS Insurance (MCIS Life) for a life insurance plan along with Celcom Axiata. This launch is part of the Perlindungan Tenang Voucher Programme (PTV) is an initiative by the
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Insurtech Firm PolicyStreet Raises RM 25 Million in Series A Round
Malaysian based insurtech firm PolicyStreet.com, announced the completion of its Series A fundraising round totalling RM25 million over two tranches. The latest round is led by Altara Ventures, Auspac Ventures, Gobi Partners, and the Leong family of Mah Sing Group
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