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Insurance DECODED

Latest edition: 28 May 2024
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Spotlight

Zurich Singapore names new chief claims officer

Zurich subsidiary Zurich Insurance Company (Singapore) has appointed Matt Graves as its new chief claims officer.

Latest news

Tego adopts Five Sigma's AI-driven claims management platform

Tego Insurance, a specialist in medical malpractice underwriting for the Australian healthcare sector, has formed a partnership with Five Sigma to leverage its AI-driven claims management platform.

Indian life insurerLIC plans health insurance sector foray

Life Insurance Corporation of India (LIC) is evaluating opportunities to venture into the health insurance sector, with potential acquisitions being assessed, reported The Times of India, citing LIC chairman Siddhartha Mohanty.

Apollo Insurance secures funding to launch BNPL subsidiary

Canadian insurtech Apollo Insurance has raised C$18.5m ($13.5m) to establish its new buy-now-pay-later (BNPL) subsidiary, FinShore.

ABAX introduces Fair Car Insurance in Norway

European telematics Internet of Things (IoT) platform ABAX has introduced its new data driven technological innovation ‘Fair Car Insurance’ in the Norwegian market.

AIA Group opens newly redeveloped Hong Kong headquarters

Multinational insurance company AIA Group has opened its group headquarters in Hong Kong, following the completion of redevelopment of the old building.

Zurich, UTS enhance mental health underwriting using AI

Zurich Financial Services Australia has completed the initial stage of its partnership with the University of Technology Sydney (UTS) to build artificial intelligence (AI) models that enhance the underwriting process for life insurance applications.

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