Grab and ZhongAn team up for insurance joint venture in Southeast Asia

Chinese online insurer ZhongAn and online-to-offline platform Grab will set up a joint venture in Southeast Asia to sell insurance products to users through the latter's mobile app.

The digital insurance platform would be launched in Singapore in the first half of this year, before being rolled out in other markets, according to a joint release by the two companies. Users would be able to buy insurance through their mobile phones, allowing them to directly browse and pay for the coverage without going through an agent or broker, the companies said.



from Asia
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