Welcome back to the AIP News RoundUp co-hosted by Michael Waitze and Theresa Blissing. This episode focuses on key developments in the InsurTech sector for January 2024, highlighting significant trends and strategic movements within Asia’s insurance industry. 

Theresa and Michael discuss the notable acquisition of Singlife by Sumitomo Life, marking a significant move in mergers and acquisitions in the region. We also examine OneDegree’s expansion into the UAE, offering cyber policies for cryptocurrency exchanges, and PhonePe’s innovative approach to insurance distribution in India, which has led to a substantial increase in digital two-wheeler insurance. 

Furthermore, we explore the transition of companies like Roojai.com from niche markets to full-stack insurers, reflecting the growing maturity of the InsurTech space. Lastly, we look into PolicyStreet’s foray into Takaful insurance in Malaysia, underscoring the sector’s responsiveness to regulatory and market needs.

The post AIP News RoundUp – EP 65 – Theresa Blissing and Michael Waitze – Mergers, Consolidation, and Strategic Market Expansion appeared first on Asia InsurTech Podcast.