micro-insurance News

Indonesia’s PasarPolis Insurtech Raises $54 Million

The Indonesian digital insurance agency PasarPolis said it raised $54 million in a Series B funding round, in what it said is the largest Series B funding for an insurtech firm in the region. The company said the investors in …

African Telecom Firm Africell Plans to Expand in Micro-Insurance, Mobile Payments

African telecom firm Africell plans to spend part of a $100 million U.S. credit line on expanding its infrastructure and fintech services, its chief executive said on Friday. The 18-year-old company, which has 15 million subscribers across its four African …

Aon, Insurtech Startup Etherisc Launch Blockchain-Based Agriculture Insurance

Aon plc has partnered with anti-poverty organization Oxfam and insurtech startup Etherisc to launch a blockchain-based platform that provides agriculture insurance for smallholder farmers in Sri Lanka. Nearly 200 Sri Lankan farmers have enrolled to obtain micro-insurance protection against crop …

Aon Benfield Lists 7 Emerging Business Risk Opportunities for Re/Insurers

Aon Benfield has identified seven emerging risks that present re/insurers with business opportunities over the next five to 10 years, which the announcement listed as “US mortgage credit, the sharing economy, reputation and brand, micro insurance, corporate liability covers, terrorism …

Swiss Re Americas CEO: Underserved Markets Ripe for Insurance Innovation

Underserved populations and market niches are ripe with potential for insurance innovators who are willing to take on the challenge of creating opportunities in areas that may seem unprofitable at first glance, says the chief executive of the Americas unit …

AIG, Atradius Execs Join Micro-insurance Investor LeapFrog for Africa, Asia

LeapFrog Investments, an investment fund focused on insurance and financial services companies, announced two senior appointments as it expands its investment portfolio in Asia and Africa. David Steel, previously Managing Director of Strategic Planning for AIG, was named Director of …