Amid rising medical inflation in the region, the insurer and its insurtech venture have developed a model to standardise claims data, with the approach rolled out across six Asian markets.
AM Best expects underwriting profits from the platform-sold products to improve step by step as they scale, while profitable Samsung-linked commercial business keeps results steady.
Jain, at the insurer since 2015 and CIO since 2020, moves to the new role, while Bhatia steps up from fund manager with over 18 years' investment experience
