SMEs

QBE survey highlights gap between micro-SME growth and insurance coverage in Australia

February 8 2025

Despite increasing profitability, many micro-SMEs are not updating their insurance.

Argyle secures multi-year MSI capacity to enhance Australian SME insurance offerings

November 15 2024

Mitsui Sumitomo will provide capacity allowing MGA to increase combined limits to AU$7m (US$4.53m) starting in January.

Howden acquires Hong Kong's Storfield Insurance Consultants

November 12 2024

Howden's workforce in Hong Kong has grown to about 200 following the acquisition of the SME and HNW-focused brokerage.

allianz-singapore-expected-to-reach-breakeven-in-three-to-five-years-says-sampp

Allianz Singapore expected to reach breakeven in three to five years, says S&P

October 28 2024

Allianz Singapore's ratings affirmed, with expectations of continued market growth despite the recent halt of the group's US$1.6bn acquisition of a stake in Income Insurance.

OneDegree Global partners with DB Inc. to launch microinsurance platform in Korea

October 21 2024

The new platform allows carriers to enter segment with low setup costs, efficient policy administration, and a simplified claims processes.

jules-sperring-moves-to-aig-as-apac-head-of-commercial-property-amp-business-pack

Jules Sperring moves to AIG as APAC Head of Commercial Property & Business Pack

October 17 2024

Sperring moves from Allied World, where she was VP and Lead Underwriter.

Korean guarantee insurance payouts rise as economy falters - report

October 9 2024

Rising interest rates and inflation contribute to record-high guarantee insurance payouts in South Korea.

Lockton Australia launches digital platform for SMEs, individual customers

September 30 2024

Developed with insurtech Kanopi, the platform will offer streamlined insurance solutions for the retirement living sector at launch, with new lines of business being added within the next year.

msig-singapore-and-embed-global-deploy-whatsapp-chatbot-to-automate-sme-insurance-quotations

MSIG Singapore and Embed Global deploy WhatsApp chatbot to automate SME quotes

August 21 2024

Businesses partner to develop chatbot solution which connects with the carrier's underwriting model and uses AI to provide instant quotes.

Howden launches SME-focused cyber insurance platform

May 23 2024

Howden launches global platform, including APAC, with simplified application process and up to a US$6m in coverage.

apac-insurers-eyeing-smes-for-embedded-growth-opportunity

APAC insurers eye SMEs in next phase of embedded growth

March 15 2024

SMEs, high-value products, cyber, and product innovation are in industry's crosshairs, but embedded fatigue is a concern.

Cyber incidents surge among Hong Kong SMEs QBE survey reveals

March 8 2024

30% of SMEs reported hacking incidents, up from 18% the year prior, as survey highlights gaps between business concerns and insurance coverage.

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