PasarPolis Secures US$54M in Oversubscribed Series B to Scale Its Online Insurance Biz in Indonesia, Thailand, Vietnam With the funds, the insurtech firm will be able to advance its Artificial Intelligence technology and leverage Big Data to build tailor-made insurance products for the digital ecosystem.
Insurtech service provider CCCIS China received 100 million yuan in series A funding led by Hillhouse Capital Group CCCIS China will used this fund to increase its investment in research and development to further expand its application in industrial scenarios such as machine learning, intelligent car insurance and injury management, and connected car networking.
Regulator announces new regulations on insurance asset management products China launched new rules on insurance asset management products on Wednesday to unify regulatory standards for such products and encourage insurers to better serve the real economy by injecting long-term funds into capital markets.
Beijing-based intelligent insurance service platform Yxinsur.com completed 90 million yuan in series A and A + rounds funding This round of financing will focus on improving the technology platform and user service operations, talent introduction, and expanding from the existing area to the country.
Insurtech company Uncharted snags US$5.8M Series A investment The funds, the company noted, will be used to drive its ongoing expansion into key markets across Asia Pacific, Europe, and North America, and continue the development of its core insurance platforms as it expands its product, technology, and data analytics capabilities.