International InsurTech bolttech announced its expansion into the Middle East with the launch of its partnership with stc Group, a telecommunications company.

bolttech’s collaboration with stc Group will provide stc’s customers with embedded device protection offerings through a technology-enabled experience.

Aligning with stc Group’s ‘DARE 2.0’ strategy to become a digital leader, bolttech and stc will also explore expanding the partnership to embed IoT-enabled solutions beyond mobile devices into other aspects of a customer’s digital lifestyle, including protection for home appliances, health electronics, and cyber assets.

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Verisk, a global data analytics and technology provider, has announced a strategic integration with Seek Now, a claims inspection service provider and business intelligence solution in the residential and commercial property insurance space.

This integration expands Verisk’s open ecosystem. Seek Now’s technology will be integrated within Verisk’s suite of property estimating solutions, eliminating the need for manual information transfer. The integration will also streamline referrals, real-time routing, status and the data collection process for property insurance claims.

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Insurance provider, Chubb, and Atome, a Southeast Asia digital financial services platform, announced a regional partnership to help drive consumer protection across Southeast Asia.

The partnership will enable both companies to co-create a range of insurance products available to Atome’s customers in Singapore, Malaysia, the Philippines and Indonesia.

The first insurance product, Bill Secure, is available in Singapore and Malaysia. Targeted at consumers using buy now, pay later services, Bill Secure covers up to five times the transaction amount of the purchase price in the event of permanent disability or accidental death. The claims payout enables the insured or their next-of-kin to settle the payment of the purchased item while the remaining balance goes to the insured or their estate.

Atome and Chubb will launch a second insurance product, Shopping Secure, in the second quarter of this year, according to a Chubb press release.

Sources: bolttech, Verisk, Chubb