Sure’s Post

We're excited to be in Hong Kong 🇭🇰 for the last conference of the year. Excited to meet with Insurance & Insurtech leaders across the APAC region, new and existing partners to discuss the state of the industry and deep dive into #digitalinsurance programs and #embeddedinsurance distribution. #digitalinsurance #embeddedinsurance #insurtech #fintech

Are you curious about key trends in insurance technologies?  ✅ With our latest article, you can delve into the dynamic environment of insurtech. Discover groundbreaking ideas and exciting technology solutions shaping the future of insurance. 👉 Check out the article at the link below https://lnkd.in/diCP65xJ #Insurtech #Fintech #DigitalTransformation #Insurance #FutureOfInsurance

Sometimes, it’s difficult to determine the precise moment when a business’ practices and technology stack become an impediment to their operational requirements or growth objectives. It’s even harder to define when a business begins to lag behind its competitors in these areas. However, in the insurance industry where traditional processes and legacy software are common place, it’s not hard to recognise some tell-tale signs of outdated, inefficient operational activities that could be improved with the right technology. So, if you’re interested to understand what these “signs” are or how to leverage technology for a competitive advantage in the insurance industry, read our whitepaper today, https://buff.ly/4bdj7yt #insurance #insights #insurtech #fintech

The #IA strives to foster a regulatory environment conductive to collaborations among the #insurance industry, third-party service providers and other stakeholders along the value chain to promote #Insurtech. We are delighted to collaborate with the Hong Kong Monetary Authority (HKMA) in this video to share use cases that demonstrate the synergy brought about by innovative and effective partnerships among a virtual insurer, a traditional insurer and a tech firm in embracing the era of digitisation. #InsuranceAuthority #Insurers

【Two Cyberport Programme Alumnus & Investee joined forces to drive InsurTech Transformations】   Cyberport Incubation Programme Alumnus & Cyberport Macro Fund Investee MediConCen and Cyberport Creative Micro Fund & Cyberport Incubation Programme-backed virtual insurer Bowtie Life Insurance Company joined-hands to streamline patients' customer journeys and alleviate business pain points. This digital transformation has disrupted business models, improving customer experiences and driving operational efficiency.   The key challenge of this partnership is the data security requirement. They managed to find a way to share data within the proper risk management framework by enhancing security measures to protect customers' valuable data, reducing risk of data breaches, and enhancing data governance practices. These crucial steps create powerful impact in customer trust and long-term relationship building, and loyalty.   What’s more, MediConCen also partners with FTLife Insurance Company Limited to automate and advance the inpatient claim journey using A.I. and Big Data to process claims faster, more efficiently and accurately.   The 3 companies demonstrated InsurTech by innovating and transforming existing practice and ensuring data security standards are met at the same time. Cyberport stands in line with them in committed to promoting the development of FinTech in Hong Kong and will continue to provide support to the InsurTech start-ups and work with Hong Kong Monetary Authority (HKMA) to foster industry development.    Watch the video now to learn more.   #Cyberport #CyberportCommunity #CIP #CCMF #MediConCen #Bowtie #BowtieGo #HKMA

🏆 Best Insurance Technology Award 🏆 This award recognises the outstanding efforts of a company that has brought a revolution in the traditional insurance sector, making it easier and more accessible for customers to purchase and manage insurance policies. This award highlights the impact of technology on the insurance industry and the company that has paved the way for others to follow. Check out the full list of awards here ➡️ https://loom.ly/e4_TvA4 📝 Nominate the company that has made the biggest contribution to insurance technology here 👉 https://loom.ly/sYf8adg #FintechAwards24 #Fintech

Updates to Thailand’s insurance law create new opportunities for the FinTech and InsurTech industries. Greater regulation, shifting capital requirements, and the potential for new products will transform tech’s role in the insurance market. Find out more here: https://lnkd.in/gVUhGwf8 #sevenpeaks #insurtech #fintech #regtech #insurancelaw

Zala Insurtech News: Canadian insurance sector, Summit, a burgeoning insurance brokerage, has successfully raised US$3.5 million in Seed funding.  The post Canadian Insurance Broker Summit, Raises US$3.5 Million in Seed Funding appeared first on Insurtech Insights. Read on below >> #insurance #innovation #insurtech

Do you know how many "captive insurance" are running worldwide? That's what you could learn from that FT article: 👉 https://lnkd.in/ew94Beke The article starts with a reminder of what these risk carrying vehicles are. It details their dynamic worldwide as new risks are popping out. And then, it explores the UK market more specifically, highlighting the relatively lower presence of captive insurance. This raises challenges for insurers which have to compete with these new players on their core business. I believe this underscores the importance for incumbents to collaborate with tech and data startups to effectively address these challenges. #insurance #insurtech #venturecapital

How is RegTech transforming the way insurers manage compliance? Find out ➡️ https://bit.ly/3ZnFj6w #lenderdock #insurtech #insurance #insurtechinsights #insurancenews #tech #regtech