Insurance
Company Statements
Newgen and Coforge Elevate Partnership to Deliver Transformative Insurance Lifecycle Management Solutions
Newgen Software, a leading provider of a unified digital transformation platform, and Coforge Limited, a global digital services and solutions provider, have elevated their partnership to deliver transformative insurance lifecycle management solutions in Customer Communications Management (CCM) and Document...
Company Statements
BANKIT joins LIC & SBI to expand Insurance Services to Rural India
BANKIT, an India-based FinTech, has signed a corporate agency partnership with LIC (Life Insurance Corporation of India) and SBI General Insurance.
This landmark collaboration is poised to revolutionise the way insurance services are delivered in the remotest corners of the...
Insurance
Insurers Shift To Fixed Income Due To Regulatory Changes
China Life Insurance Overseas and Manulife Asia are expected to continue adjusting their investment portfolios towards fixed-income assets through 2024. This decision is influenced by the anticipation of a high-rate environment and evolving regulatory and accounting requirements for insurers.
Senior...
Insurance
InsurTech inari raises $5.2m Seed Round to explore new markets
Inari, a core technology infrastructure provider for the global insurance and reinsurance industry, has raised $5.2 million in funding as part of its Seed round led by Caixa Capital Risc, through Criteria Venture Tech.
The funds reinforce Inari’s longer-term growth...
Insurance
Singlife partners Microsoft to unlock the power of AI for insurance startups in Singapore
Singlife yesterday signed a Memorandum of Understanding with Microsoft, to support high-growth insurance startups to adopt generative artificial intelligence (AI). Singlife is the first financial services partner to collaborate with Microsoft for the Startups Programme in ASEAN for budding...
Insurance
Qover partners with Monzo to bring seamless insurance experience
InsurTech Qover has entered a partnership with UK-based digital bank Monzo, to provide a simple, tailored travel insurance solution that can be accessed by Monzo Premium account holders in the UK through the Monzo app.
Premium users in the UK...
Insurance
InsurTech Ledgebrook launches new platform powered by Socotra
Socotra, the next-generation core platform provider for modern insurers, together with Ledgebrook, an InsurTech MGA focused on the excess and surplus (E&S) market, announced the launch of Ledgebrook’s new platform, powered by Socotra Connected Core.
The end-to-end platform empowers Ledgebrook...
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