“Rather than going direct to consumers, [Qoala has] worked to leverage entrenched channels like the leading consumer-facing platforms and traditional offline brokers in Indonesia, Malaysia, Vietnam, and Thailand,” said Alexandros Bottenbruch, principal at PayPal Ventures, as reported by Tech Crunch. “By taking this approach, Qoala has successfully positioned itself as the embedded insurance solution of … Read more
Hong Kong Insurance Authority suspends agent for signature forgery | Insurance Business Asia Insurance News Hong Kong Insurance Authority suspends agent for signature forgery Case raised concerns over violation of trust and good faith needed in transactions Insurance News By Roxanne Libatique The Insurance Authority (IA) of Hong Kong has taken disciplinary measures against a … Read more
Hong Kong’s Insurance Authority and police forge strategic partnership | Insurance Business Asia Insurance News Hong Kong’s Insurance Authority and police forge strategic partnership Move expected to boost market integrity Insurance News By Roxanne Libatique A significant stride was made in the cooperation between Hong Kong’s Insurance Authority (IA) and the Hong Kong Police Force … Read more
APAC cybersecurity alert: report reveals surge in cyberattacks | Insurance Business Asia Cyber APAC cybersecurity alert: report reveals surge in cyberattacks Report identified highly targeted sector Cyber By Roxanne Libatique FS-ISAC, an organisation dedicated to bolstering cybersecurity within the global financial framework, has released its Navigating Cyber 2024 report through its Global Intelligence Office. This … Read more
Check out the companies making headlines in midday trading. Micron Technology — Shares jumped more than 6% after Bank of America raised its price target on the chipmaker. The Wall Street firm expects demand for high-bandwidth memory technology will grow to more than $20 billion by 2027. Cameco — Shares rose more than 5% after … Read more
Signs are posted at the entrance to a Macy’s store that is set to close at Bay Fair Mall on February 27, 2024 in San Leandro, California. Macy’s announced plans to shutter 150 underperforming stores across the United States. Justin Sullivan | Getty Images News | Getty Images Macy’s hasn’t yet shut the approximately 150 … Read more
AXA XL reveals new marine global CUO | Insurance Business Asia Marine AXA XL reveals new marine global CUO From his London base, he will operate under the firm’s GCUO framework Marine By Kenneth Araullo AXA XL has elevated Neil Cole (pictured above) to the position of global chief underwriting officer for its marine sector, … Read more
AXA XL announces new marine global CUO | Insurance Business Asia Insurance News AXA XL announces new marine global CUO From his base, he will operate under the firm’s GCUO framework Insurance News By Kenneth Araullo AXA XL has elevated Neil Cole (pictured above) to the position of global chief underwriting officer for its marine … Read more
An employee wearing protective gloves hands an order to a customer through a drive-thru window at a McDonald’s Corp. restaurant in Oakland, California, U.S., on Thursday, April 9, 2020. David Paul Morris | Bloomberg | Getty Images As fast-food chains in California start to pay their workers a higher minimum wage, other business owners across … Read more
Boeing 787-10 Dreamliner, from United Airlines company, taking off from Barcelona airport, in Barcelona on 28th March 2023. JanValls | Nurphoto | Getty Images United Airlines is asking pilots to take unpaid time off next month, citing late-arriving aircraft from Boeing, according to a note sent to pilots. It’s another example of how Boeing’s customers … Read more
