Insurance

Novo AI to Cut Costs and Boost Efficiency For Insurance Companies

SINGAPORE, Aug. 14, 2024 /PRNewswire/ -- Novo AI, founded by ex-Googlers and backed by First Round Capital, is revolutionizing the insurance industry with advanced generative AI technology. Their innovative solution is set to redefine operational efficiencies and profitability for insurance compa...

2024-08-14 08:30 2823

AXA Study: Hong Kong workers buckling under high stress and poor mind health

More than 3 in 4 Hong Kong workers face mind health issues at work, with nearly half taking sick leave HONG KONG, Aug. 12, 2024 /PRNewswire/ -- The majority of the working population inHong Kong suffers from multiple mental health problems related to work, and disengagement is alarmingly high, a...

2024-08-12 18:19 2098

Seize opportunities for wealth accumulation; Zurich's universal life and investment linked insurance as customers' trusted and preferred choice

HONG KONG, Aug. 12, 2024 /PRNewswire/ -- The pace of economic recovery after the pandemic varies across regions, amidst inflation and market expectations of an interest rates cut cycle. Against such backdrop, Zurich Insurance (Hong Kong ) ("Zurich") has introduced award-winning universal life insu...

2024-08-12 12:00 1627

11,000 Global Financial Insurance Elites Converge in Kuala Lumpur. International Dragon Award IDA members share glorious moments

A grand celebration of insurance knowledge and honor, united in wisdom and glory. KUALA LUMPUR, Malaysia, Aug. 10, 2024 /PRNewswire/ -- The 15th Worldwide Chinese Life Insurance Congress & 2024 IDA Annual Conference is being held at the Malaysia International Trade and Exhibition Centre (MITEC) ...

2024-08-10 08:00 2627

SURVEY SHOWS AUSTRALIANS FEAR DISTRACTION BY CAR TECHNOLOGY AUSTRALIANS NOT READY TO DRIVE 'HANDS-FREE'

BRISBANE, Australia, Aug. 6, 2024 /PRNewswire/ -- A survey of more than 1,000 Australian car owners by insurance provider Budget Direct  found three-quarters of respondents (75%) believe that car tec...

2024-08-07 06:28 2148

Ping An Ranked in the Fortune Global 500 for the 15th Consecutive Year

HONG KONG and SHANGHAI, Aug. 6, 2024 /PRNewswire/ -- Ping An Insurance (Group) Company ofChina, Ltd. ("Ping An", the "Company" or the "Group", HKEX: 2318 / 82318; SSE: 601318) is 53rd on the Fortune 500 list for 2024. With revenue of USD14.58 billion, the Group ranked 9th among global financial e...

2024-08-06 15:10 3471

AXA Launches Pioneering Heatwave Parametric Insurance

To safeguard outdoor practitioners amid escalating climate risks in the summer inHong Kong HONG KONG, Aug. 5, 2024 /PRNewswire/ -- AXA Hong Kong and Macau ("AXA") is committed to be a driving force against climate change, and leveraging its expertise in climate risk assessment to support busines...

2024-08-05 15:37 1949

Markel enhances Singapore and Hong Kong presence with strategic hires

SINGAPORE, Aug. 5, 2024 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), is pleased to announce several key hires to its Singapore and Hong Kong teams. These appointments will play a significant role in the delivery of the organisation's growth strategy as it ...

2024-08-05 09:00 2767

South Korean Insurtech Carrot has acquired the exclusive right to use for BBI (Behavioral-Based Insurance)

Safe drivers can get up to 20% off their insurance premium through behavioral-based insurance * Carrot launched a behavioral-based insurance on May 30, offering up to a 20% discount on premiums for policyholders who drive safely. * Over the past years, Carrot has collected data from 1.5 milli...

2024-08-05 08:00 1942

FWD Group and Junior Achievement expand award-winning financial literacy programme in Vietnam

HONG KONG, Aug. 2, 2024 /PRNewswire/ -- FWD Group Holdings Limited ("FWD Group" or "FWD") today announced the expansion of its award-winning financial literacy programme, JA SparktheDream, inVietnam. Ho...

2024-08-02 14:49 2597

IMG Announces Eighth Annual 'Leave Your Mark' Grant Opportunity

INDIANAPOLIS, Aug. 1, 2024 /PRNewswire/ -- IMG (International Medical Group), an award-winning global insurance benefits and assistance services company, is excited to be accepting applications for its annual Leave Your Mark Grant. In its eighth year, the Leave Your Mark initiative is designed to...

2024-08-01 21:00 1998

TPIsoftware AI Solution Clinches 2024 Taiwan Young Award Two Years in a Row

TAIPEI, Aug. 1, 2024 /PRNewswire/ -- Following its major victory last year, TPIsoftware has once again shone at the 2024 Taiwan Young Award in the Smart Application category with itsSysTalk.ai AI insurance claims processing solution. Organize...

2024-08-01 12:11 1959

FWD Group to boost financial education in Cambodia

HONG KONG, July 31, 2024 /PRNewswire/ -- FWD Group Holdings Limited ("FWD Group" or "FWD") today announced a collaboration with the Department of Media & Communication at the Royal University ofPhnom Penh to boost financial education inCambodia.

2024-07-31 15:41 1930

RISING COST OF LIVING SEES MORE THAN 60% OF PET OWNERS FOREGO INSURANCE

BRISBANE, Australia, July 30, 2024 /PRNewswire/ -- Rising cost of living has seen over half of Australian pet ownerssurveyed  decide not to insure their pets, potentially putting them at risk of high vet and medical cost...

2024-07-30 09:23 1873

AXA and Trip.com Strengthen Global Strategic Partnership with the Launch of "Trip.com Travel Smart"

Delivering seamless experience for travellers with one-click purchase in-app or online  HONG KONG, July 29, 2024 /PRNewswire/ -- AXA Hong Kong & Macau (AXA), and Trip.com, a leading global travel services provider, announced the launch of "Trip.com Travel Smart" ("Travel Smart") for travellers. T...

2024-07-29 11:40 2022

Allianz Partners Australia Simplifies Travel Insurance Purchase for Singapore Airlines Passengers with Integrated Purchase Model

BRISBANE, Australia, July 25, 2024 /PRNewswire/ – Allianz Partners Australia proudly expands its collaboration with Singapore Airlines (SIA) to offer travel insurance to Australian customers integrated in the Singapore Airlines online purchase path. This advan...

2024-07-25 07:45 2240

Martello Re announces closing of $1.3 billion capital raise consisting of $935 million in equity and a $360 million upsize of the Company's credit facility

Capital raised enables Martello Re to continue execution of long-term strategy to build the premier asset-intensive reinsurer supporting top-tier insurers in the US and globally HAMILTON, Bermuda and CHARLOTTE, N.C., July 23, 2024 /PRNewswire/ -- Martello Re Limited ("Martello Re") announced tod...

2024-07-23 20:00 1731

YOUNG AUSSIE DRIVERS ADMIT TO USING MOBILE PHONE WHILE BEHIND THE WHEEL BECAUSE THEY FELT 'CAPABLE AND SAFE' DOING SO

BRISBANE, Australia, July 23, 2024 /PRNewswire/ -- As many as one in five Australian drivers have no problem using their mobile device while behind the wheel, a survey conducted by one ofAustralia's biggest insurers has shown. Budget Direct Car Insurance

2024-07-23 09:33 1917

Malaysia's First Future Skills Framework Launched to Future-Proof Financial Sector Talent

KUALA LUMPUR, Malaysia, July 22, 2024 /PRNewswire/ -- The financial sector plays a critical role in drivingMalaysia's economic growth and stability, contributing an estimated 6.7% to GDP in 2023, with growth of 4.3% forecast for 2024[1]. As the financial sector continues to expand, employing 168,...

2024-07-22 18:51 2334

Ping An Again Selected for S&P Global's Sustainability Yearbook (China Edition), the Sole Mainland Insurance Company

HONG KONG and SHANGHAI, July 22, 2024 /PRNewswire/ -- Ping An Insurance (Group) Company ofChina, Ltd. (hereafter "Ping An", the "Company" or the "Group", HKEX: 2318 / 82318; SSE: 601318) stood out from more than 1,700 companies to be featured in S&P Global's "Sustainability Yearbook 2024 (China E...

2024-07-22 12:32 3345
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