17 Feb '17, 11pm

We are seeing a trend towards incubation within #insurtech: IAG to open InsurTech hub in Singapore

Australian insurance giant IAG is opening a InsurTech innovation hub in Singapore, tasked with creating new products and services for the local and Asian market. Firemark Labs will act as an incubator for international start-ups and research bodies working in the insurance technology space. The hub is being launched in partnership with Singapore’s central bank, the Monetary Authority of Singapore (MAS). IAG opened a regional office in the country in 2006, and has a growing presence there and across Asia with operations in China, Malaysia and Thailand. Singapore has an established InsurTech ecosystem, which IAG hopes to tap into. “Singapore is recognised as having one of the most developed FinTech landscapes with a growing InsurTech scene. We are the first Australian insurer to launch a space dedicated to InsurTech in Singapore and will join a network of global innovators w...

Full article: http://www.computerworld.com.au/article/614442/iag-open-i...

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IAG to launch #insurtech hub in Singapore:

IAG to launch #insurtech hub in Singapore:

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