The East African insurance sector, still dominated by non-life insurance, has been on a rising trajectory, despite macroeconomic and geopolitical challenges in the region, says the global professional services firm, Deloitte.
CEOs in the insurance sector are confident about their company's growth prospects over the next three years despite challenges in digital transformation, talent and sustainability, a survey of 120 sector leaders from across the world finds.
PasarPolis, a Southeast Asian full-stack InsurTech, has announced a major expansion of its strategic partnership with Gojek, Indonesia's top on-demand service and part of the GoTo Group.
Shory Insurance Brokers, which offers digital insurance solutions, has formed a new partnership with Yas Takaful, a prominent Islamic insurance provider in the region.
insureKU, a Malaysian end-to-end digital insurance and takaful aggregation platform, has officially launched its consumer-focused platform with a selection of curated travel related solutions.
Lockton, the world's largest privately-owned insurance brokerage, has launched a digital insurance offering for SMEs and individuals across Australia, the Pacific, and New Zealand.
Motor insurance technology platform, Cheche Group, has entered into a strategic partnership with The Tokio Marine & Nichido Fire Insurance Company (China) (TMNCH), as Cheche continues to broaden its collaboration with insurance companies in China.
The Securities and Exchange Commission of Pakistan (SECP) has issued an exposure draft of regulatory requirements for the sale of life insurance savings products through technology-based distribution channels by life insurers.
Cairo-based EGY InsurTech is planning to expand in Saudi Arabia and to Africa.
Nasdaq-listed Huize Holding is targeting entry into two new Southeast Asian markets within the next 12 months, with ambitions to become a leading pan-Asian digital insurance platform.