Free trial
Subscribe

Log in

Fitch downgrades chinas guoren pc with accumulation of higher risk assets a contributor rein asia

Emerging risks | Growth Opportunities | APAC Insurance

Fitch downgrades chinas guoren pc with accumulation of higher risk assets a contributor rein asia
Friday, July 3, 2026

Dedicated hubs

Insight by…

Insight by type

Indonesia insurtech Futuready shuts down

Tech in Asia were the first to report that the online broker had ceased operations, which a note on Futuready's landing page confirms.
Indonesia insurtech futuready shuts down rein asia

By 

July 6, 2023

 • 

1 min read

Indonesian online broker Futuready has ceased operations. The news was first reported by Tech in Asia and can be confirmed by a note on the landing page of the Futureready website.

The company has not yet disclosed any reasons for ceasing its operations.

In 2016, Sandy Filemon founded the Indonesian insurtech and took on the role of CEO. In 2019, Keet Peng Onn was appointed President Director and Country Manager. The company also had operations in Thailand.

Futuready’s last funding round was in June 2016, in which the firm secured an undisclosed sum of series B money from Aegon Group, a financial services company based in the Netherlands. Aegon held at least 80% of Futuready’s shares.

Read next

Two professionals clasping hands in a firm handshake across a meeting table, with the Insuretech Connect Asia logo in the top-left corner.
Insurers compete on execution over strategy as AI-powered challengers catch up
July 3 2026
Executives at ITC Asia in Singapore said product cycles of 12 to 18 months are becoming unviable as challengers close capability gaps in months.
Neon circuit-art illustration on a dark blue background with the InsureTech Connect Asia logo in the top-left.
APAC insurers see AI efficiency gains, but ROI remains hard to prove
July 1 2026
AI’s payback period may be longer than expected, as costs, timelines and benefits remain difficult to separate and quantify, industry experts said at ITC Asia.
Abstract blue network: glowing nodes connected by thin lines on a dark surface, representing a digital interconnected system.
Data centres, supply-chain shifts drive APAC demand for multinational insurance programmes
June 30 2026
As demand for multinational programmes grows, insurers say compliance and execution will define programme success.
Bustling pedestrian street in a historic Chinese town, with red lanterns hanging between wooden shops.
China claims pressure eases further in April as premium growth moderates
June 29 2026
Life claims declined sharply by more than 12%, while non-life payouts stabilised, highlighting diverging underwriting conditions across segments.