The InsurTech Committee of the FinTech Association of Hong Kong [FTAHK] is pleased to announce the launch of Hong Kong’s first interactive InsurTech map, capturing Hong Kong’s vibrant InsurTech ecosystem on a single page.

The map, which will be regularly updated to reflect Hong Kong’s rapidly evolving InsurTech landscape, is intended to help users of InsurTech services such as insurers, as well as investors, more easily source solution providers and strategic partners in the SAR, whilst at the same time making it easier for InsurTech firms to promote their businesses not only locally, but also around the region and across the world.

The map is powered by The Digital Insurer’s [TDI] InsurTech Directory platform [ITD], which categorises InsurTechs and dynamically links to further information on each firm when readers click their logo. ITD is positioned as The World’s InsurTech Database and, whilst still in its formative stage, already manages the largest freely accessible listing of InsurTechs around the world.

Lapman Lee, InsurTech expert and insurance industry veteran and Jacob Sacuto, CEO of a InsurTech start-up, both Co-Chairs of FTAHK’s InsurTech Committee, say: “Hong Kong as an International Financial Centre has all the right ingredients – a world-class regulator, talent pool and universities combined with a very active investment community - and is poised to become an important InsurTech hub for the Greater Bay Area and the rest of Asia. The InsurTech ecosystem on a page serves as a starting point for insurers to match their needs with the right InsurTech partners and for InsurTechs to promote themselves.”

Simon Phipps, founder at TDI and another industry veteran based in Hong Kong, added: ‘whilst the world needs more insurance, insurers are becoming increasingly aware that they need to transform digitally in order to keep improving for their customers, and InsurTechs are set to play an increasingly important role in the changes that lie ahead. Our purpose at TDI is “working together to accelerate the digital transformation of insurance” and we are delighted to have partnered with FTAHK in line with this mission, to help accelerate connectivity between the big and the small, and the old with the new”.