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Seize the Thai advantage at ITC Thailand

Thailand’s insurance industry has been experiencing an unprecedented transformation. The country leads Southeast Asia’s emerging markets with an estimated compound annual growth rate of 4.1% in 2024, …

Payments trends to watch in APAC’s insurance landscape

26 Jun 2025 Tom Lydon, Head of Non-Bank Financial Institutions Group (NBFI) Sales, APAC, J.P. Morgan Payments

“The insurance sector now finds itself at a crossroads, facing an unprecedented pace of innovation that demands agility and adaptability” – Sim Ung, Payments Advisory, Asia Pacific, J.P. Morgan In a t …

Amplify Health is driving a paradigm shift across health financing in Asia

Amplify Health, a leading health AI platform and analytics company in Asia, has been honoured with the Technology Initiative Excellence Award at the Insurtech Connect Asia Awards, held on 4th June 202 …

Peak3 wins Top InsurTech award and accelerates growth with cloud-native, AI-driven core platform

Leading global insurance SaaS provider Peak3 has won the Top Initiative InsurTech Startup Award at Insurtech Connect (ITC) Asia Awards, held on June 4, 2025, a recognition of its position as a transfo …

Zurich Edge delivers seamless embedded insurance solutions with 40 digital partners

Zurich Insurance has been named Digital Insurer of the Year in Asia-Pacific at the Insurtech Connect Asia (ITC) 2025 in Singapore, in recognition of its leading digital proposition – Zurich Edge. Sinc …

A first-in-market insurtech solution: AI-powered MedScreen+ by RGA and Prudential cuts medical reports assessment time in half

MedScreen+, a breakthrough solution developed by Reinsurance Group of America, Incorporated (RGA) and Prudential Hong Kong, has won the Product Innovation Excellence Award at the Insurtech Connect Asi …

(English） Digital Buddy: Revolutionising Customer Experience with AI Dai-ichi Life's "Digital Buddy" project leverages cutting-edge technologies such as generative AI and RAG (Retrieval-Augmented Gen …

Bring Your Own Cover (BYOC): The BYOD Revolution of Insurance

04 Feb 2025 Varun Mittal, Founder, Fintech Nation and Head of Innovation & Ecosystem, Singlife

In this month’s ITC Asia Food for Thought, we explored a concept called “BYOC”. The way we work has changed—so why hasn’t employee insurance kept up? Just as the Bring Your Own Device (BYOD) movement …

Expanding Beyond Insurance: Dai-ichi Life’s Strategic Vision for a Holistic Well-Being Ecosystem

Akifumi Kai – Executive Officer and Group Head of the New Fields of Business, Dai-ichi Life Holdings

What was the strategic rationale behind Dai-ichi Life's acquisition of Benefit One, and how does it align with your vision of expanding into healthcare and employee benefit platforms? / 第一生命がベネフィット・ワン …

Transforming Insurance with AI: Sumitomo Life’s Journey Toward Personalized, Preventive Care

AI で保険を変革する：住友生命のパーソナライズされた予防医療への取り組み We had the privilege of speaking with Yosuke Fujisawa, AI Officer at Sumitomo Life, about the transformative role of artificial intelligence in the insurance indu …

Core Modernization: The Key to Future-Proofing Insurance Operations

Global IT spending in the insurance industry reached approximately $210 billion in 2023, and it is projected to grow by 9% annually through 2027. Many traditional insurers have reached a critical tech …

How Customer Service is Driving Digital Transformation in Southeast Asia

I have three kids; one is a recent graduate, one is in university right now, and one is starting university soon. Each time, I have had to proactively go out and arrange car insurance for them rather …

Enhancing the Traveller's Journey: Transforming Travel Disruptions and Delays into Comfort

Looking into 2024, forecasts predict that a staggering 4.7 billion people will embark on journeys across the globe. By 2033, the travel industry is poised to reach a remarkable USD$15.5 trillion, repr …

Bridging the Gap: How Insurtech and Health Tech are Revolutionizing Mental Health Care in Insurance

The global health tech sector is poised for remarkable growth, projected to reach US$504 billion by 2025, with notable advancements seen in regions like Singapore, where health tech startups attracted …

Introducing The Future: Key Drivers Shaping Electric Vehicle Insurance

Electric vehicles (EVs) are revolutionizing the automotive industry with their advanced technology at a 5.51% growth rate in the industry. EV insurance is crucial in addressing the unique risks and co …

Leveraging Digital Platforms to Bridge Insurance Gaps in Southeast Asia

Since the onset of the COVID-19 pandemic, over 70 million individuals in SEA have transitioned to digital consumption patterns, catalyzing a profound change in the insurance landscape. While tradition …

Navigating the Evolution: GenAI's Impact on the Future of Insurance Automation

This topic explores the intersection of genetic algorithms and artificial intelligence (GenAI) and its profound implications for the future of insurance automation. Delving into the innovative fusion …

Japan's Insurance Market in 2023: Bridging Tradition with Tech-Driven Transformation

ITC Asia spoke to Chang Li, VP, Insurtech and Fintech, Plug and Play on the InsurTech trends in Japan and customized services and products are increasingly in demand with most industries, including in …

Thriving Through Transformation: Outlook on Investment in APAC's Insurtech Market

The APAC Insurtech market could be characterized by significant growth and increased adoption of technology in 2023. The global Insurtech market, to which APAC is a significant contributor, was projec …

Revolutionizing the Philippines Insurance Sector: An Insight into the Growing Insurtech Market

The Philippines, a bustling country in Southeast Asia, is not only known for its rich culture and stunning landscapes but also for its dynamic insurance industry. While the insurance market in the Phi …

Exploring the Evolving Landscape of Thailand's Insurtech and Insurance Market in 2023

Thailand, a country renowned for its vibrant tourism industry, rich cultural heritage, and emerging markets, has faced numerous economic challenges in recent years. As we set our sights on the third q …

Enhancing Financial Inclusion for Underserved Communities and SMEs in Malaysia

In conversation with leading industry experts, ITC Asia identified vast potentialities within the Malaysian InsurTech landscape. The country's significant uninsured population, coupled with the increa …

Industry's first Pay-per-fund-transfer Micro-insurance seamlessly embeds insurance into Digital Banking Experience

In a captivating conversation with Andrew Yeo, the esteemed CEO of Income, he shared valuable insights into the collaboration between insurers and banks. The rising affluence and a tech-enabled enviro …

Mind the Gap: Addressing the Natural Catastrophe Protection Gap in Asia Through Collaborative Innovation

As one of the world's most populous and rapidly developing regions, Asia is facing an ever-increasing range of sustainability challenges. Asia is prone to a high frequency of natural disasters such as …

Revolutionizing Insurance for a Better Customer Experience - A Look at ReMark's Digital Transformation Strategy

During our conversation with Gang Pei, the Head of North Asia at ReMark, he provided insights on his experience in digital transformation across the various traditional and highly regulated industries …

Lauren Liang on Staying Curious, Embracing Ambiguity, and Prioritizing Clients in the Insurtech Space

Collaboration, Digital Transformation and Social Responsibility: Tokio Marine's journey towards a resilient future

Data technologies, science and processes are rewriting the claims process and value proposition for customers. Organizations are propelled toward digital transformation to innovate and meet the evolvi …

Fostering a Culture of Innovation in the Insurance Industry: Insights from Dai-ichi Life Holdings' Innovation Strategy, Takehiko Eguchi

Innovation is essential for any organization to remain competitive and relevant in today's ever-evolving business landscape. Dai-ichi Life Holdings, one of Japan's leading life insurance companies, un …

If there’s anything that the transition into the new year reminds us, it’s that things don’t slow down. The insurance industry is no different. The last 2 years have been challenging for everyone and …

How can insurtech start-ups harness cyber insurance growth opportunities?

Cyber insurance has been touted as a “blue ocean” for insurtech start-ups as it holds a lot of potential, especially for those looking to scale up in this space. Global cyber premiums are expected to …

How the Indian InsurTech sector is poised for greater growth

With a population of nearly 1.4 billion and an insurance penetration rate of only 4.2 per cent, India still has a large uninsured population. This translates to a major segment for the insurance secto …

Revolutionising insurance with technology: SFF 2022 Highlights

When InsureTech Connect first visited the Singapore Fintech Festival (SFF), we had to look hard to find insurance/insurtech exhibitors and plenary sessions. The world of finance/fintech seemed to be h …

A Sneak Peek into Japan’s Unique Insurtech Sector

The fact that Japan boasts less than 20 InsurTech startups – far lesser than any other major insurance market – can be surprising to many. Japan’s insurance market is after all the third largest globa …

How insurer-insurtech partnerships define the insurance industry

In 2017, more than half of the global insurers were feeling the heat of competition from insurtech firms in a rapidly digitising world. These insurers, surveyed by PwC, estimated that around 20 per c …

How the Thai InsurTech Sector Is Driving Innovation and Adoption

Thailand's insurance industry is headed for an upward growth trend from 2022, offering much promise for the country's insurtech sector. Statistics from data and analytics firm GlobalData reveal that …

Bridging Asia’s Protection Gap with Embedded Insurance

Asia is home to a mix of mature, high-growth and developing insurance markets with a robust distribution of products. However, the region has a significant protection gap in terms of protecting agains …

Going full-circle in insurance from actuary to InsurTech founder: PolicyStreet’s Winnie Chua shares her story

We spoke with Winnie Chua from Policystreet to find out what it is like to operate an InsurTech in Malaysia, about the InsurTech scene there and her overall experience leading the uniquely positioned …

What fuels the growth of the InsurTech sector in China?

Major Chinese insurtech players such as ZhongAn, WeSure, WaterDrop, OneConnect, The CareVoice and Cheche Technology have been making quite a splash in China’s booming insurance sector over the last fe …

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