TDI Daily Newswire - 23rd June 2020

Published: Tue, 06/23/20

Welcome to The Digital Insurer Newswire, a daily updated selection of curated InsurTech and digital insurance news from around the web.

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China insurtech Kaitaiming drives into health

Beijing-based Kaitaiming Technology, an insurtech specializing in using artificial intelligence to provide risk controls to auto insurers, is expanding into healthcare. It is doing so by partnering with Singapore’s DocDoc to help affluent mainland Chinese access medical care in Southeast Asia.

DIGFIN

FWD ramps up scale in Indonesia with BRI Life stake

Hong Kong-headquartered FWD Group has entered into a conditional share agreement to invest in a significant undisclosed minority stake in BRI Life, the life insurance arm of Bank Rakyat Indonesia.

INSURANCE ASIA NEWS

HedaX aims to develop a new platform to securely handle health data

The Research Project HedaX, received EUR 16 million from the Danish Innovation Fund to develop a digital platform that can securely collect and exchange health data. This tool will provide researchers with the basis to offer better, personalised medicine.

MONSENSO

Big Health raises $39 million

Big Health, “the global leader in digital therapeutics dedicated to helping millions back to good mental health,” has raised $39 million in a Series B round. Gilde Healthcare led the new round of funding joined by co-lead Morningside Ventures, as well as Samsung NEXT.

COVERAGER

Beazley Launches Contingency Policy Covering Virtual Event Organizers

Specialist insurer Beazley has launched a contingency policy designed to cover event organizers if a transmission failure disrupts or cancels a live virtual event. The insurer acknowledged that streaming live events is not new but the policy responds to an increase in online events under social distancing during the pandemic.

INSURANCE JOURNAL

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