Insurtech

Stacks of coins with wooden blocks spelling IPO and a red upward arrow, signaling an IPO surge.

Indian insurtech Turtlemint opens IPO with US$93m fundraise target

June 19 2026

Part of the IPO proceeds will be invested in its subsidiary, Turtlemint Insurance Broking Services, to meet working capital requirements.

Two men in suits shake hands after signing an agreement, each holding documents, with Income and EFCH banners in the background.

Income Insurance to transfer HIVE digital platform to Embed Financial Group Holdings

June 18 2026

The transfer moves the platform into a wider embedded finance infrastructure group while the insurer will remain a customer.

Insurtech Agam Capital taps Kazuhiro Nakatsuka to lead Japan expansion

June 4 2026

Nakatsuka will advise Agam Capital on regulatory and market entry strategies for Japan’s life and pension sectors.

ai-set-to-reshape-insurance-but-most-carriers-lag-on-readiness-am-best-survey

Indian IT firm Coforge rolls out tech platform targeting modernisation of insurance operations

June 4 2026

Nexa platform aims to streamline underwriting, claims, and product development through AI integration.

LIC eyes strategic investment in fintech to fuel digital expansion

June 4 2026

Following a robust FY2026, LIC moves to modernise its IT systems through targeted investments in fintech and insurtech players.

AFCA opens consultation on rule changes for life insurance genetic testing complaints

June 2 2026

Proposed amendments would enable the complaints body to hear disputes arising from Australia's new ban on the use of adverse genetic test results in life insurance underwriting.

Manulife Hong Kong taps Alibaba Cloud to scale AI innovation

June 2 2026

The partners aim to establish a joint AI hub to incubate next-generation applications and develop innovative use cases.

Go Digit receives US$2.1m GST show-cause notice over input tax credit claims

May 26 2026

The tax authority has raised a demand over alleged ineligible input tax credit for the period spanning FY2023 to FY2024.

India’s jUMPP secures IRDAI approval to enter insurance distribution

May 22 2026

The fintech platform plans to expand into health, life, motor, business and home insurance offerings through insurer partnerships.

Zhibao Labuan Reinsurance Company Limited Welcomes Ms Jun XU

Zhibao Labuan Reinsurance appoints Jun Xu as independent director to the board

May 18 2026

She joins the board after a 15-year tenure at Lloyd’s China, where she most recently served as COO & deputy general manager.

plum-raises-1-93bn-rupees-in-series-b-round-led-by-peak-xv-partners

Raise Financial acquires insurtech platform GIBL

May 14 2026

The fintech company plans to invest US$15m in GIBL to build a direct‑to‑consumer platform, aiming to launch by the end of 2026.

Policybazaar FY2026 profit surges supported by protection products and renewals

May 8 2026

Premiums rose 42% year-on-year, as insurtech expanded its reach in Tier 2 and Tier 3 cities.

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