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.
In our previous edition
Insurance Decoded
Great Eastern minority shareholders resist OCBC's $1bn buyout bid
27 May 2024
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Arthur J Gallagher subsidiary acquires CCI Surety
24 May 2024
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NormanMax, Apollo launch parametric insurance Syndicate 3939
23 May 2024
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