The insurer’s Hong Kong arm has launched its first digital distribution platform and teamed with fintechs.
Ping An Cloud is supporting CareVoice’s expansion into Hong Kong as part of a broader tech sell.
The supercharged take-up of Xiang Hu Bao-an initial insurance product converted to an online mutual-aid platform- shows the power of digital finance.
Apex Insurance worked with insurtech CoverGo to turn a sunset business into a growth opportunity.
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An initial investment in digital sales is delivering new lines of business.
Despite the entrance of new, big fintech competitors, the startup sees opportunities through diversification.
Wayne Xu, head of ZhongAn International, says the relationship with Grab is just the beginning for digital insurance in Asia.
The insurer plans to launch new products in Hong Kong that will, for all intents and purposes, be virtual.
Do “fintech” and “Greater Bay Area” hold promise for Hong Kong insurers, or will firms get lost in the fog?