OCTO Telematics has announced a new agreement with Ford Motor Company whereby it will leveraging Ford’s connected vehicle data in order to extend its predictive insurance risk score, OCTO DriveAbility Score. The integration provides a seamless experience for auto insurers and their policyholders with highly
accurate pricing based upon driving data.
Techcombank, one of Vietnam’s largest commercial banks, and CoverGo, an insurance technology provider, have partnered to launch iTCBLife, a tool that will streamline Techcombank’s distribution of life insurance products.
Insurtech startup bolttech announced it has acquired i-surance, a next-generation B2B2C digital insurance platform. The transaction is part of bolttech’s international expansion strategy and follows its recent Series A funding round when it raised $180 million, which gave the company unicorn
status.
Hailios has developed its own sensor technology for sensing and measuring hail stones and this can be installed at policyholder locations. The company has now partnered with broking group McGowan Risk Specialists (MRS) to offer parametric hail insurance.
Ping An Property Insurance’s Shenzhen branch has launched China’s first digital yuan insurance policies, in cooperation of the city’s Bank of China branch. It is also a simulation exercise exploring the various uses of the digital yuan.
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