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Prudential to test gen AI for medical claims processing in Singapore and Malaysia
October 24 2024
Insurer to conduct a three to four-month trial of Google's MedLM language models in Singapore and Malaysia.
HSBC Life HK taps Zurich's Geoffrey Au as Chief Product and In-force Officer
October 24 2024
Au joins HSBC following a 10-year stint with Zurich, where he most recently served as HK CEO for its life business.
QBE forms strategic partnership to strengthen engineering capabilities in Asia
October 24 2024
Partnership will provide QBE with access to Eos Rhea Metis's property and engineering expertise, solutions, and tools across the region.
OneDegree Group rebrands as AIFT
October 24 2024
Group says name change reflects its commitment to technology, with insurance arms OneDegree and OneInfinity maintaining their names.
IRDAI’s Bima Trinity’s ‘first phase’ nears soft launch - report
October 24 2024
Soft launch of Bima Sugam, the country's digital insurance distribution platform, is expected within the coming months.
Asia on the radar for HDI's ART unit as Eric Joly-Pottuz takes charge
October 23 2024
Joly-Pottuz, the new head of HDI Enablers, says business is interested in expanding alternative risk transfer solutions into Asia and the US.
Igloo launches its first direct-to-consumer platform
October 23 2024
Insurtech expands offering with DTC platform in Indonesia, targeting country's younger, tech-savvy population.
Nigel Lloyd steps into Director of Resources and Power Generation at Sedgwick Australia
October 23 2024
He joins from Lloyd Warwick having served there as Director for two years.
Economic rebound, rising claims to drive Malaysia’s GI GWP beyond US$7bn by 2028: GlobalData
October 23 2024
Global Data notes the recovery of the country’s economy, which expanded by 4.4% this year, as a key factor.
Vietnam's Typhoon Yagi losses top US$500m
October 23 2024
Despite sizeable claims, 17% insurance coverage of total losses highlights Vietnam's insurance protection gap.
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