Warburg-backed Aseana buys Indonesian insurance firm ABDA for $59.5m
Aseana bought a 62.33% stake in ABDA, from Spain's MAPFRE Internacional SA.
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Aseana bought a 62.33% stake in ABDA, from Spain's MAPFRE Internacional SA.
It will soon launch its mobile app on Android and iOS devices.
The membership-based company seeks to champion technology and eliminate paper-based processes.
Rey Assurance (Rey), an insurtech company in Indonesia, announced Wednesday $4.2 million in seed funding to advance its digital health products and leading technology platform. The round was co-led by the Trans-Pacific Technology Fund (TPTF) and Genesia Ventures and joined by RDS.
TPTF, Genesia Ventures, and Reycom Document Solusi have invested in Rey.