insurtech Archives | Be Korea-savvy
MIC Global Receives ‘In-Principle’ Approval to Establish Syndicate 5183

MIC Global Receives ‘In-Principle’ Approval to Establish Syndicate 5183

LONDON, Jan. 28 (Korea Bizwire) — MIC Global has received ‘in-principle’ approval from Lloyd’s for the creation of MIC Global Insurance Syndicate in a box (Syndicate) MIC 5183. MIC Global is a pioneering insurtech providing end-to-end digital micro insurance products. The new syndicate will be managed by Asta, the leading third-party managing agent at Lloyd’s [...]

AFF: Cyberport Chairman and Vista Equity Partners’ Robert Smith Explore InsurTech Opportunities in the Greater Bay Area

AFF: Cyberport Chairman and Vista Equity Partners’ Robert Smith Explore InsurTech Opportunities in the Greater Bay Area

Hong Kong, Jan. 19 (Korea Bizwire) — As the Asian Financial Forum FinTech partner, Cyberport today hosted a thematic breakout session on the topic of “Acceleration of Digital Transformation: Opportunity in a Changing World for 2021”. Cyberport Chairman Dr. George Lam and Robert F. Smith, Founder, Chairman and Chief Executive Officer of leading global investment firm Vista Equity Partners, discussed Asia [...]

Insurtech Used to Offer Insurance Discounts Based on Client Performance

Insurtech Used to Offer Insurance Discounts Based on Client Performance

SEOUL, May 22 (Korea Bizwire) — Insurtech, a combination of insurance and technology, is known as an underdeveloped sector despite its potential. The Financial Supervisory Service (FSS), in its analysis on how Internet of Things (IoT), big data, artificial intelligence (AI), blockchain, and other new technologies are being used in the South Korean insurance market, [...]