RuralNet Processes Over PHP 400M in Microinsurance Claims for Filipinos

RuralNet Processes Over PHP 400M in Microinsurance Claims for Filipinos

RuralNet Processes Significant Microinsurance Claims in the Philippines

RuralNet has announced that the microinsurance claims it has processed have surpassed PHP 400 million. This milestone comes as the company prepares to introduce a new insurance product aimed at providing protection against climate-related calamities.

The announcement highlights the company's ongoing efforts in expanding its insurance services, specifically in the area of microinsurance. RuralNet's push into climate-related insurance is part of its strategic initiatives in the Philippines.

Original Source: https://fintechnews.ph/71839/insurtech/ruralnet-microinsurance-claims-milestone-philippines/

Point 41 raises $400m for inaugural middle-market fund, KKR to exit insurtech platform

Point 41 raises $400m for inaugural middle-market fund, KKR to exit insurtech platform

Deal Roundup: Insurtech and Investment Movements In a recent update on private capital dealmaking, several noteworthy transactions have emerged,...

Read More
Kin grows Florida-focused nat cat cover by $400 million to $1.4 billion at June 1

Kin grows Florida-focused nat cat cover by $400 million to $1.4 billion at June 1

Kin Expands Reinsurance Coverage in Florida Kin, a homeowners insurtech focused on the Florida market, has announced a significant boost to its...

Read More
World Bank approves $650 mn for Morocco programs

World Bank approves $650 mn for Morocco programs

World Bank Approves $650 Million for Morocco Initiatives The World Bank has approved $650 million to support several programs in Morocco. The funding...

Read More