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Increased investment in insurtech in Asia

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Magazine Issue: 
Insurtech, the insurance of the future [3]
Magazine date: 
May 2018
According to Willis Towers Watson, investment in insurtech in Asia has tripled in one year reaching 460 million USD in 2017.
insurtech

China and India, alone, account for 73% of the transactions while Hong Kong, Singapore and other Asian countries share the remaining 27%. In 2016, Asian countries markets detained only 4% in the capital funds invested in innovating start-ups.

Investors favor three areas of intervention: digital distribution, data analysis and large-scale public consumption. Artificial intelligence [4] and the automation of labor chain also stand among the prioritized fields of intervention.

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Thu, 07/06/2018 - 12:18

Source URL: https://www.atlas-mag.net/en/article/increased-investment-in-insurtech-in-asia

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[3] https://www.atlas-mag.net/en/issue/insurtech-the-insurance-of-the-future
[4] https://www.atlas-mag.net/en/article/artificial-intelligence-and-the-insurance-industry
[5] http://www.atlas-mag.net/en/article/what-is-insurtech