The news was announced as part of a strategic partnership between Japan Post, investment firm KKR, and the U.S. head-quartered (re)insurer Global Atlantic.
The cloud-based platform was developed by Munich Re Automation Solutions and is available immediately to L&H insurers in APAC, the Middle East, and Africa.
Three members left the NZIA in April; seven more followed suit this week, with Republican anti-trust pressure raising serious doubts about the Alliance's viability.