How Digital Transformation And Insurtech Can Make Transactions Simpler Digital Transformation and InsurTech represents many things to different people. It just depends on your perspective and where you stand in the insurance line. For decades, insurers have been all about the product. Build it and they will come (or buy the cheapest!). But arguably, the
The insurance industry has remained much the same for decades and, due to a risk-averse culture, particularly resistant to change. Before the advent of new technologies, it wasn’t a competitive market where new players could easily enter. That’s all changing. Insurance has now become ripe for disruption by insurtech in much the same way as
Consumer behavior is constantly changing. We now expect to be able to access and apply for services digitally and on mobile devices. The banking sector has responded to these consumer behavior changes, using technological advancements to create fintech innovations such as mobile payments, ‘paywave’ and online applications. But the insurance industry has not kept pace
Blockchain is prominently in the news these days. Insurance Market also forges ahead and has recently launched an exiting new group company named “Inmediate” that will support the development of insurance solutions using the blockchain in an effort to make insurance more Customer centric Cheap Omnipresent Real time and in the moment We are of the
Ever wondered how international health insurance premiums are derived? Well, there are two rating methodologies in use by health insurance providers. That is ‘community rating’ and ‘experience rating’ . These rating methods determine how much an individual or group would pay for their international health insurance. Experience Rating Under this system of rating the individual
Insurance Market launches Inmediate, a new Eco System for Blockchain Insurance, in collaboration with Zilliqa, FWD and Deloitte. Insurance Market, the Singapore online broker, today published a whitepaper marking the launch of Inmediate, a Singapore based collaborative eco system for blockchain based insurance. Zilliqa the high throughput blockchain, Deloitte and FWD the innovative regional insurance
Ensuring Private Keys stored at Singapore vault SINGAPORE, April 26, 2018 /PRNewswire/ — Insurance Market, Singapore’s first online broker, has arranged insurance for customers that store cryptocurrencies with The Safe House, a vault facility owned by Singapore bullion dealer Silver Bullion Pte Ltd. “It is the first of its kind and will allow holders of cryptocurrencies
Using blockchain and smart contracts for a more accessible, more efficient and more transparent way of buying and managing insurance SINGAPORE, Feb. 23, 2018 /PRNewswire/ — Insurance Market, Singapore’s first fully online and automated insurance platform, will take the lead in the development of a new global ecosystem for insurance that will harbor the full power of smart contracts
Sometimes insurers don’t want to pay your insurance claims. Why? Because if they don’t have to, they probably won’t. Them paying your insurance claims does not depend on their mood but on what they are legally bound to do, which is determined by the contract that they have with you: it’s called your policy. As
the perfect international health insurance is somewhat like serving a perfect dinner. This menu will help cook your policy to perfection.
What documents do you need to have to renew Maid Insurance on time? Start ahead of time to prevent levies to incur afterwards.
If you are a new dog owner, you would never think that dogs need to visit their doctors. Find out the many reasons for dog to the vet visits.
Art Insurance is usually not part of your home insurance or is very limited. If you are a collector you better take out art insurance.
International Health insurance a companion for everyone living and working overseas for a longer period of time
Did you know that renters should buy a home contents insurance if you value your contents in your rented condo or house.
How does an insurance broker compare to an insurance agent or sales people of an insurance company? Know it, and pick yourself.
Before buying International Health insurance what do you need to know? What are differences compared to local Singaporean health insurance
Why Tenants Need to Buy Home Insurance in Singapore? We have listed 3 important reasons which make sense to buy a Home Insurance plan.