Asia Pacific InsurTech Report

Published: March 2022

Overview


Asia Pacific InsurTechReport 2022

Asia Pacific InsurTech Report 2022

InsurTech first emerged as an offshoot from the broader fintech scene but as time went on, the InsurTech scene bifurcated into quite separate streams.

One of these involved tech-savvy start-ups muscling in on very traditional insurance businesses.

The other stream involved insurance groups incubating technology-driven initiatives in-house.

The next wave of developments threatened to engulf the industry in a wave of blockchain and crypto currencies – with the impending threat of non-fungible tokens just around the corner.

The line between insurer and InsurTech has become increasingly blurred.

This report can best be seen as a snapshot in time of a sector that is ever-changing and ever-interesting. The strategic advantage of implementing new InsurTech developments can be measured in months – perhaps weeks – rather than years as new technology applications become increasingly commoditised.

Contents

  1. Introductory overview

  2. Data, numbers and insight - a roundup of research into InsurTechs in Asia Pacific

  3. InsurTech insights in Asia Pacific by country

  4. Significant regional InsurTech developments

  5. Regional and domestic InsurTech bodies in Asia Pacific

  6. Where InsurTech might go from here – by some of the most significant business lines