InsurTech
Fintech Alliance.PH Appoints New Insurtech Committee Chairman
Fintech Alliance.PH, the country’s largest association of fintech and digital players, announced that it has appointed Pru Life UK, President and Chief Executive Officer Eng Teng Wong as the Chairman of its insurtech committee. Wong will lead Fintech Alliance.PH’s role
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Insurtech in the Philippines: Could It Be The Answer To Agricultural Woes?
Agriculture is the primary source of livelihood for rural Filipino families and is considered the backbone of the Philippine economy. According to the latest Census of Agriculture of the Philippine Statistics Authority (PSA), the Philippines has 5.56 million farms/holdings covering 7.19 million
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Filipinos Embrace Insurtech at Home and Abroad
Did you know that only 3 % of the Philippines’ 113 million population have insurance? That’s a vast potential that is attracting more attention when coupled with their changing attitude to insurance thanks to digitalisation. This includes a better understanding
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GCash Partners With Generali Philippines to Roll Out More Insurance Packages
Philippines’ mobile wallet GCash has teamed up with Generali Philippines to offer four affordable insurance packages on GCash’s GLife feature. GLife is a lifestyle “mini app” within GCash that offers food, groceries, gadgets, fashion, beauty products, and now insurance to
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Gigacover Expands to the Philippines to Boost the Gig Workforce’s Financial Health
Singaporean financial health platform Gigacover announced its expansion into the Philippines to offer more inclusive insurance and healthcare options tailored for the local gig workforce in partnership with Etiqa and Aventus Medical. The company said that flexible and cost-effective group
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PayMaya Teams up With bolttech to Offer Microinsurance for Filipinos
Philippines digital wallet PayMaya has teamed up with Singaporean insurtech bolttech to give Filipinos easier access to affordable microinsurance and services products. Through the collaboration, PayMaya’s customers can benefit from relevant and easy-to-understand coverage with the in-app Protect feature, powered
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BSP’s Governor Diokno to Lead the Launch of Digital Retirement Account
Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno will lead the virtual launch of the Digital Personal Equity and Retirement Account (PERA), said the regulator in a media statement issued earlier today. PERA is a voluntary retirement account that
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Insurtech Platform Igloo Lands Partnership With Union Bank and Akulaku for Micro-Insurance
Igloo, Singapore-headquartered insurtech firm, announced partnerships with Union Bank of the Philippines and Indonesia’s Akulaku to offer micro-insurance policies. Akulaku is one of Indonesia’s most well-funded fintech startups who is best known for their “buy now, pay later” service. Igloo
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Tryb Group Invests into Filipino Insurance Marketplace Maria Health
Maria Health, a Filipino aggregator for health insurance, has secured an undisclosed amount of seed funding from the tryb group, with participation from Gobi Ventures, Wavemaker, Hustle Fund and Grand Metro Holdings. Maria Health will use the additional funding to
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Saphron Raises SGD 1.35 M to Tackle Financial Inclusion in the Philippines
Manila-based insurtech startup Saphron has raised SGD1.35 million seed fund coming from fintech-focused VC fund Sage, and Talino Labs, a venture lab that supports companies engaged in digital transformation. Founded recently by solutions architect Francisco “Kiko” Reyes Jr, Saphron plans
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