Insurtech firm bolttech has partnered with South Korean electronics retailer LOTTE HIMART to provide an embedded home appliance ‘switching’ service.
Customers have the option to buy the coverage...
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.
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.
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.
A McKinsey reports suggests the region is in the midst of a digital revolution and that embedded insurance could experience significant growth and venture capital investment.
