Market
Insurtech in Singapore
14 companies · 69 stories · $191.3M disclosed
Insurtech Daily tracks 14 insurance and insurtech companies headquartered in Singapore — 6 insurers, 6 insurtechs and 2 technology vendors, across 69 stories going back to Aug 5, 2024. Between them they have disclosed $191.3M across 4 funding rounds, the largest bolttech's $147M. Every figure is compiled from the coverage on this page.
Funding
| Company | Stage | Lead investor | Source | ||
|---|---|---|---|---|---|
| bolttech | $147M | Series C | — | Life Insurance International+3 | |
| Peak3 | $35M | — | — | FinTech Global | |
| Igloo | $5M | — | — | FinTech Global | |
| Gangkhar | $4.3M | — | — | Pulse 2.0 |
Every round is listed with its reporting in the funding tracker, and totals across all markets in the company ranking.
Companies
| Company | Type | Based | Stories | Disclosed |
|---|---|---|---|---|
| bolttech | Insurtech | — | 18 | $147M |
| Igloo | Insurtech | — | 16 | $5M |
| Income | Insurer | — | 7 | — |
| Peak3 | Technology vendor | — | 6 | $35M |
| Boltech | Insurtech | — | 5 | — |
| Embed Financial | Insurtech | — | 4 | — |
| MSIG Asia | Insurer | — | 4 | — |
| Singlife | Insurer | — | 4 | — |
| Gangkhar | Insurtech | — | 2 | $4.3M |
| HSBC Life Singapore | Insurer | — | 2 | — |
| KoverNow | Insurtech | — | 2 | — |
| Neutrinos | Technology vendor | — | 2 | — |
| Prudential Singapore | Insurer | — | 2 | — |
| Direct Asia | Insurer | — | 1 | — |
Coverage
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Jubilee Insurance and Bolttech Partner to Embed Health Cover in Everyday Apps
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Allianz to acquire HSBC Life Singapore
Global insurer Allianz Group (Allianz), through its wholly owned subsidiary Allianz Asia Holding Pte Ltd, has agreed to acquire composite insurer HSBC Life Singapore Pte Ltd (HSBC Life Singapore) from HSBC Holdings plc…
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Allianz to Buy HSBC’s Singapore Insurer in $2.1 Billion Deal
Allianz SE agreed to buy HSBC Holdings Plc’s Singapore insurance unit for S$2.7 billion ($2.1 billion), marking a substantial expansion less than two years after another deal in the city-state fell apart. The two firms…
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Jubilee Health Insurance Taps Singapore’s bolttech for Embedded Digital Cover
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Jubilee partners with global firm Boltech to expand health insurance reach
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Jubilee, Boltech partner to expand health insurance through embedded products
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Prudential Singapore launches indexed universal life plan for legacy planning
Prudential Singapore has introduced PRUApex Legacy Index II, a new indexed universal life (IUL) insurance plan designed to give affluent and high-net-worth individuals greater flexibility in growing, protecting and…
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ING partners with embedded insurance specialist bolttech
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Singapore's Igloo acquires insurtech firm Eazy Digital
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Igloo buys Eazy Digital to expand Thailand insurtech business
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Igloo Acquires Eazy Digital to Expand Insurtech Stack in Thailand
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ING selects bolttech as strategic partner for insurance and protection solutions
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Income sells digital insurance platform to Embed Financial
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Income Insurance shifts HIVE to EFGH amid embedded cover push
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Income Insurance Transfers Digital Insurance Platform To Embed Financial Group Holdings
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Income to sell digital insurance platform Hive to Singapore fintech firm Embed Financial Group
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Peak3 report reveals synergies beyond IT in insurance modernisation
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ING and bolttech team up on embedded insurance
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ING partners bolttech on embedded insurance
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Singapore's insurtech Igloo launches AI travel insurance assistant in Indonesia, boosting purchase decision 44%
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Igloo expands into life insurance with Chubb Life partnership in Vietnam - Vietnam Investment Review
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Igloo partners with Chubb Life to distribute insurance solutions across Vietnam and Indonesia
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KoverNow launches watch insurance through Watch Exchange
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KoverNow partners with Watch Exchange, Singapore's leading luxury watch dealer, to offer digital watch insurance, backed by AXA XL
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BYD picks bolttech for embedded EV insurance in Europe
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BYD and bolttech partner on EV insurance in Europe
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Igloo Philippines Expands Insurance Infrastructure Under Ramjit Lahiri
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Insurtech Igloo expands Philippines strategy as insurance market hits $8.4B
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MSIG Asia backs insurtech Ancileo to expand travel insurance across Asia
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Singlife expands digital insurance push in PH
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Gangkhar: $4.25 Million Raised For AI-Native Embedded Insurance Infrastructure Platform
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MSIG Asia selects Peak3 to enhance digital insurance platform
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MSIG Asia advances its digital strategy with Peak3 as strategic platform partner
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Tokio Marine buys minority stake in Singapore insurtech Igloo
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Tokio Marine takes minority stake in insurtech company Igloo
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Tokio Marine invests $5m in InsurTech Igloo
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Everest Ransomware Group Strikes Insurtech Leader Bolttech.io
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Orange Poland partners with bolttech to launch digital insurance platform
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bolttech acquires Kenyan InsurTech mTek
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Hive by Income to help roll out bite-sized insurance in Thailand
The 40 most recent of 69 stories naming a company based in Singapore.