Grab and ZhongAn enter into a joint venture to create a digital platform that distributes insurance products in Southeast Asia

January 16, 2019
CPG More...
“Better-for-You” Transformation More...
Very important

Grab just added another vertical to its business by teaming up with China's ZhongAn in the rapidly growing insurtech industry. This development comes just months after it announced another joint venture with China's Ping An Good Doctor to set up an online healthcare services platform for Southeast Asia. As Grab moves closer to its long-term goal of becoming a "super-app," clients wanting to co-develop digital insurance and health products to serve one of the fastest-growing regions in the world should find ways to team up with Grab. Grab's large user base means customer acquisition costs are low and the wealth of user data can better support underwriting processes.

For the original news article, click here .

Further Reading

Amazon Web Services launches five-week accelerator likely to speed up Climate Pledge Fund's deal pipeline

News Commentary | May 20, 2021

Amazon Web Services announced the AWS Clean Energy Accelerator, a five‑week program targeting startups in energy storage, carbon capture and utilization (CCU), and hydrogen generation, among other areas. The accelerator will accept 10 startups and offer services typical of most accelerators, such as... Not part of subscription

Prospera acquired by Valmont for $300 million

News Commentary | May 14, 2021

Prospera's exit is significant for the agtech industry in three ways. First, the move aligns with increasing challenges for water use in many regions, especially those applying pivot irrigation systems. Competitor Lindsay already has the FieldNET platform, which includes remote monitoring, and this ... Not part of subscription

Teladoc leverages acquired Livongo ecosystem to strengthen mental health capabilities with myStrength Complete

News Commentary | May 18, 2021

When Teladoc acquired Livongo, it didn't just get a diabetes platform – it acquired an ecosystem of services around mental health, postnatal, and cardiovascular care. Teladoc will certainly be building out its capabilities in the coming months using the scaffolding that Livongo created, and it is ... To read more, click here.