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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 regulator is aiming to study and propose improvements for the channel, as one of ' reaching the last mile' and making insurance products available to 'every nook and corner' of the country.
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 partnership provides Hong Kong-based customers the opportunity to purchase bolttech's 'TravelCare' product directly through the Trip.com app.
Bolttech and Globe join forces to introduce a groundbreaking mobile device programme in the Philippines, empowering users with effortless switching and robust protection for their valued devices.
HashKey Exchange and OneInfinity by OneDegree have joined forces to offer customers comprehensive digital wallet insurance.
APAC is likely to see a massive surge in embedded device insurance, driven by a thriving market ecosystem, innovative protection plans, and emerging 6G technology.