Income Insurance Scraps Hive Sale as Embed Faces CPF Court Case

Picture of Insurance Nerds Editorial Team Insurance Nerds Editorial Team : Sep 9, 2026, 5:28:37 AM

Income Insurance Scraps Hive Sale as Embed Faces CPF Court Case

Income Insurance Halts Hive Sale to Embed Amid Legal Issues

Income Insurance has decided to cancel the planned sale of its Hive operation to fintech company Embed. The cancellation comes as Embed is involved in legal proceedings concerning the Central Provident Fund (CPF) and faces salary claims.

Original Source: https://fintechnews.sg/136934/insurtech/income-insurance-hive-sale-cancelled/