Tower partners with CelsiusPro to enhance the technological infrastructure supporting their Cyclone Response Cover, a parametric insurance offering.
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Shinhan EZ General Insurance will enter Indonesia through a partnership with PasarPolis's Tap Insure, with an initial focus of servicing Korean firms that operate within Indonesia.
The Official Committee of Unsecured Creditors pushes for liquidation and draws parallels to infamous Ponzi scheme run by Bernie Madoff, while Vesttoo's interim CEO defends reorganisation strategy, asserting underlying technology and talent value.
The purchase will strengthen bolttech's operations in Europe, Asia, and Africa, including expansion of its footprint to four new countires: Poland, Croatia, Lithuania, and South Africa.
The collaboration will provide embedded insurance solutions for tech manufacturers and retailers across APAC and the US.
The round brings total funding for the insurtech to nearly US$40m, as it aims to scale its SME-focused, subscription-based healthcare insurance offering.