Insurance

S. Korea's Ministry of Land Appoints Carrot to Explore Potential Use of Drones for Local Government

Initiative will accelerate Carrot's R&D for incorporating drones for robust emergency responses to accident & rescue scenes With drones, fast and safe handling of the accident scene is possible, which will greatly reduce losses and lowers severity SEOUL, South Korea, May 19, 2022 /PRNewswire/ --...

2022-05-19 17:49 2830

InsurTech Carrot Enters Exclusive Partnership with Naver

Korea's 1st full-stack digital insurer now partners with the largest e-commerce shopping platform to distribute shipping return insurance In light of a successful pilot test, their e-commerce insurance product is likely to gain strong traction SEOUL, South Korea, May 19, 2022 /PRNewswire/ -- Car...

2022-05-19 10:43 3022

Carrot Executes Series of Partnership with Government Authorities

The public-private alliance aims to construct data-driven systems around safety & mobility parameters Carrot's partnerships with government units accelerate advancement of the nation's traffic safety system SEOUL, South Korea, May 18, 2022 /PRNewswire/ -- Carrot General Insurance Corp. ("Carrot...

2022-05-18 22:10 4017

Carrot Extends Aggressive Growth Track 1H 2022

* InsurTech Carrot adds another 100k subscribers to its PAYD in two months * The company welcomed more than 600 thousand drivers since inception two years ago * Rapidly becoming a juggernaut in the insurance industry with robust distribution & top-level retention SEOUL, South Korea, May 18, ...

2022-05-18 21:31 2773

Ping An Overseas Holdings Announces Successfully Raising USD 300 Million for China New Economy Fund

HONG KONG, May 18, 2022   /PRNewswire/ -- China Ping An Insurance Overseas (Holdings) Limited, the main offshore investment and asset management platform of Ping An Insurance (Group) Company ofChina, Ltd. (2318.HK, 601318.SH), together with its subsidiaries ("PAOH"), is pleased to announce that, ...

2022-05-18 16:15 2453

Manulife launches ManuGlobal Saver to help people accumulate wealth

Seven currency options to capture global financial opportunities in dynamic markets HONG KONG, May 18, 2022 /PRNewswire/ -- Manulife Hong Kong today announced the launch of ManuGlobal Saver to meet growing demand among people looking to capture opportunities both locally and globally for long-te...

2022-05-18 11:33 3376

Lockton posts highest year-over-year growth in company history

KANSAS CITY, Mo., May 16, 2022 /PRNewswire/ -- Today, Lockton, the world's largest privately held global broker, posted record breaking revenue of$2.69 billion in the 2022 fiscal year that ended on April 30. This represents growth of 27% from prior year and nearly all of it organic.   "Our resu...

2022-05-16 23:31 3727

Centre on Customer Needs CPIC's 31st Anniversary Board of Directors Leads Quality Development

HONG KONG, May 13,  2022 /PRNewswire/ --  As a social "stabilizer" and an economic "booster", insurance institutions have always played an important role. OnMay 13, on the occasion of the 31st anniversary of the establishment of China Pacific Insurance (Group) Co., Ltd.("CPIC" or the "Company"; S...

2022-05-13 15:31 3910

Qoala Raises US$ 65 Million in Series B, Clocking 30X Business Growth Since Series A

* Qoala raised US$ 65 million in Series B funding led by Eurazeo with participation from several existing investorsincluding Flourish Ventures, KB Investment, MassMutual Ventures, MDI Ventures, SeedPlus and Sequoia Capital India. In addition, BRI Ventures, Daiwa PI Partners, Indogen Capital, Ma...

2022-05-12 12:49 3053

Qoala Raises US$ 65 Million in Series B, Clocking 30X Business Growth Since Series A

* Qoala raised US$ 65 million in Series B funding led by Eurazeo with participation from several existing investors including Flourish Ventures, KB Investment, MassMutual Ventures, MDI Ventures, SeedPlus and Sequoia Capital India. In addition, BRI Ventures, Daiwa PI Partners, Indogen Capital, M...

2022-05-12 11:39 3778

China releases its first ESG disclosure standard with Ping An's participation

Promoting ESG development with Chinese characteristics HONG KONG and SHANGHAI, May 11, 2022 /PRNewswire/ -- Ping An Insurance (Group) Company ofChina, Ltd. (hereafter "Ping An" or the "Group", HKEx:2318; SSE:601318) announced that it has helped to developChina's first ESG disclosure standard, th...

2022-05-11 22:04 5300

CoverGo Raises $15 Million Series A to Expand Global Adoption of the Leading No-code Insurance Platform

CoverGo's Series A highlights the company's rapid growth and success, with annual recurring software revenue increasing more than 10x sinceJanuary 2021. NEW YORK and SINGAPORE, May 11, 2022 /PRNewswire/ -- CoverGo , the leading global enterprise no-code SAAS insurance platf...

2022-05-11 08:00 4558

IMG Named a Top Travel Insurance Company by Forbes Advisor

INDIANAPOLIS, May 10, 2022 /PRNewswire/ -- International Medical Group® (IMG®), an award-winning global insurance benefits and assistance services company, has been recognized in two Forbes Advisor Best Of 2022 Awards categories: Best Travel Insurance Companies Of 2022 and Best 'Cancel For Any Re...

2022-05-10 21:00 1781

EasyCompare offers exciting lifestyle customer incentives to buy car insurance

BANGKOK, May 6, 2022 /PRNewswire/ -- A leading digital car insurance broker, EasyCompare in Thailand is offering lifestyle rewards worth up to  9,390THB to motorists who buy or renew their car insurance with them.

2022-05-06 10:00 3455

China Life Provides Update on Status under the Holding Foreign Companies Accountable Act

BEIJING, May 5, 2022 /PRNewswire/ -- China Life Insurance Company Limited (the "Company") (NYSE: LFC; HKSE: 2628; SSE: 601628) today provides an update on its status under the Holding Foreign Companies Accountable Act (the "HFCAA"). The Company was provisionally named by the United States Securit...

2022-05-05 20:36 3362

Regency Assurance announces investment in expansion of network and infrastructure in South America

NEVIS, Saint Kitts and Nevis, May 5, 2022 /PRNewswire/ -- Regency Assurance, a long-term licensed global insurance and financial services company, has announced further investment in the expansion of its network and infrastructure intoSouth America. This will provide expatriates and companies wi...

2022-05-05 14:09 1387

IMG Partners with Roamly to Provide Insurance Products to RV Renters

INDIANAPOLIS, May 3, 2022 /PRNewswire/ -- International Medical Group® (IMG®), an award-winning global insurance benefits and assistance services company, has announced a new partnership with Roamly Insurance Group (Roamly), the first embedded insurtech for travel enthusiasts with unique RV insur...

2022-05-03 22:18 2612

AXA launches "SmartProtect Plus" Market-first accident insurance covering 3 generations with shared coverage in a single policy

One-stop solution with extensive protection at a daily premium as low as HKD2.4 HONG KONG, May 3, 2022 /PRNewswire/ -- AXA Hong Kong and Macau (AXA) today announced the launch of"SmartProtect Plus" as the first in Hong Kong[1] accident insurance plan providing collective protection for a family a...

2022-05-03 18:13 3325

WATERDROP ANNOUNCES APPOINTMENT OF NEW INDEPENDENT DIRECTOR

BEIJING, May 2, 2022 /PRNewswire/ -- Waterdrop Inc. ("Waterdrop", the "Company" or "we") (NYSE: WDH), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced the appointment of Mr.Ning Zhu as a new independent director to its boar...

2022-05-02 20:00 3678

Ping An Reports YoY Growth of 10.0% in Operating Profit Attributable to Shareholders of the Parent Company in Q1 2022

HONG KONG and SHANGHAI, April 29, 2022 /PRNewswire/ -- Ping An Insurance (Group) Company ofChina, Ltd. (hereafter "Ping An of China," "Ping An," the "Company" or the "Group," HKEX: 2318; SSE: 601318) today announced its first quarter financial results for the three months ended31 March 2022. Glo...

2022-04-29 22:42 4329
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