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International - Asia: China's internet explosion

china-internet

Insurers are looking for new ways into China’s underserved market, yet a successful digital strategy will not only require investment but the right type of partnership

When internet insurer Zhong An filed for its initial public offering in February, it was a watershed moment for China’s online insurance industry. The three-year-old company, which will list later

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Amazon on how insurers can get out of pilot purgatory

Insurers looking to move beyond proof-of-concept pilots must focus on customer problems, matching AI tools to specific tasks and establish clear guardrails, according to Terry Buechner, global head of insurance core system modernisation at Amazon Web Services.

Guidewire pays £1.2bn for Hyperexponential

Guidewire is set to buy Hyperexponential for $1.7bn (£1.27bn), with $400m (£300.05m) more payable if recurring revenue targets are hit, as it looks to ‘define’ the use of artificial intelligence in underwriting.

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