Popular tags:

ARTA TechFin Partners with Digital Technology of Insurance ("DTI") to Create Digital Insurance Platform in Greater Bay Area – Yahoo Finance

Posted 2 years ago
by

Technology Solutions, Wealth Management Industry Resource, Insurance Technology
Innovation Centre in GBA by 2022Q3
ARTA: Break Barriers for Greatness
HONG KONG, April 4, 2022 /PRNewswire/ — Hong Kong's ARTA TechFin (00279.HK) ("ARTA") and China's Digital Technology of Insurance ("DTI") today announced their partnership to deliver a Greater Bay Area ("GBA") technology-driven insurance and wealth management resource. The alliance will immediately focus on the GBA insurance brokerage industry by delivering proprietary sales-focused SaaS system, tech-enabled sales support and training services, and plans for an insurance technology innovation centre in the GBA by 2022Q3.
The ARTA and DTI partnership plans to revolutionize how traditional insurance brokers serve high net-worth clients by enhancing their digital competitiveness. The partnership will enable agents and brokers to streamline their business processes and save time on transaction processing by modularising insurance policy data and applying advanced actuarial modelling and data analytical capabilities from ARTA/DTI. Both parties are committed to offering customers with one-stop wealth management solutions including insurance as well as other Hong Kong financial products and services. Through customer resource sharing and technology empowerment, the goal is to speed up the company's insurance brokerage business development and revenue growth.
Fully compliant with all cross-border regulations, the innovative new ARTA/DTI resource will deliver a variety of co-branded products and services to the end-customers, agents and brokers.
Key advantages of the ARTA-DTI strategic partnership include accessing to one of the most comprehensive cross-border insurance databases, significant reductions in policy processing times and insurance technology innovation in GBA.
DTI's insurance database spans 30 years of historical life insurance product data in mainland China. Data scope includes life insurance saving products, protection-based insurance products, and insurance products issued under provincial social security fund regulations.
DTI is currently the only China-based technology company that has completed data collection, design and structuring of Hong Kong-based insurance policies that are most favoured by Mainland clients. The ARTA/DTI partnership aims to deliver products that greatly improve efficiency and productivity in insurance sales by shortening policy transaction processing time from two weeks to one to two hours.
Mr. Eddie Lau, Chief Executive Officer of ARTA TechFin said today, "ARTA aspires to transform traditional financial ecosystem via technology innovation such as Blockchain application and process automation. Our strategic partnership with DTI delivers China cross-border resource and experience. Clients will enjoy personalized, immersive and innovative services in insurance and wealth management. Our digital business solutions will empower agents and brokers and digitise customer preferences and profiles with a goal of better serving customers' needs. Our ultimate goal is to speed up the company's insurance brokerage business development and revenue growth through customer resource sharing and technology empowerment."
Mr. Leo Lou, Chief Executive Officer of DTI said today, "DTI has always been committed to elevating the insurance industry through actuarial and data technology. We offer innovative services across actuarial consultation, data structuring, professional training and business support. We believe these will strengthen, standardize and evolve the life insurance industry in the GBA." Previously General Manager, Noah Glory Insurance Broker, Lou is a pioneer in the Chinese actuarial industry and brings a wealth of experience in insurance actuarial, sales and operations.
ARTA TechFin (00279.HK)
ARTA TechFin aspires to build the next generation of financial services, artfully combining traditional business whilst using technology to create a new financial experience for clients. From automation to blockchain, ARTA TechFin will use technology to transform the traditional financial industry and expand into new services, products and experiences. By placing Technology in Finance ("TechFin") at the heart of everything ARTA is building, ARTA will consistently change, disrupt, challenge and innovate the financial services industry. In the process the corporation will deliver richer, more creative, more immersive and more valuable client experiences.
For more information, please visit https://www.artatechfin.com/ or follow ARTA on LinkedIn.
SOURCE ARTA TechFin
Investors in electric vehicle (EV) companies look for technology that can differentiate one company from its competitors. Chinese EV maker Nio (NYSE: NIO) offers a battery swap technology that is unique, and it received some publicity today. One might think that would move Nio shares higher, but that's not the case, at least this morning.
If you had GameStop (NYSE: GME) on your bingo card as the stock that follows Alphabet and Tesla in splitting its stock, congratulations! The video game retailer announced it would seek shareholder approval to expand the number of shares outstanding from 300 million shares to 1 billion shares to "provide flexibility for future corporate needs," after which it would split its shares. GameStop's stock has more than doubled over the past two weeks, rising from $80 a share to the $166 a share level it closed at just prior to the split announcement, after a new meme-stock rally was ignited by movie theater operator AMC Entertainment (NYSE: AMC) declaring it was investing $28 million in a gold and silver miner.
Canadian pot producer Tilray Brands (NASDAQ: TLRY) reports its third-quarter earnings on Wednesday before the bell. The stock has been red hot and investors may be tempted to jump on the bandwagon. A couple of quarters ago, Tilray CEO Irwin Simon referred to small producers as "ankle biters" who were taking market share away from the business.
Upstart Holdings (NASDAQ: UPST) had a rocky month of March as its stock price dropped 31%, according to S&P Global Market Intelligence. Upstart Holdings is a consumer finance company that uses artificial intelligence (AI) to handle loan requests. Roughly 70% of its loan requests are fully automated, and about two-thirds are approved instantly through the AI.
With Q1 behind us, it’s time to sit back and evaluate our situation. First off, the obvious – volatility ran higher in the first quarter of the year, fueled by multiple conflicting headwinds. Those include inflation, which is still rising; a global supply chain plagued with snarls; resurgent COVID outbreaks flaring up around the world; and Russia’s war against Ukraine, that is both Europe’s largest land conflict in three generations and a major disruptor of global food and oil markets (which bri
Yahoo Finance Live's Julie Hyman breaks down Digital World Acquisition shares.
Shares of AMC Entertainment (NYSE: AMC) are sliding 4.5% at 10:41 a.m. ET on Tuesday. After hitting a recent high of $29.44 per share on March 29, AMC's stock has given up about a quarter of the gains it made on the announcement that the company was investing in a gold and silver miner. The news pushed the stock out of the doldrums it had been in for months as traders anticipated that the "mother of all short squeezes" (MOASS) had arrived, but the upward momentum quickly stalled and now it's resuming its downward trajectory again.
Next month, the iconic Dow Jones Industrial Average (DJINDICES: ^DJI) will celebrate its 126th "birthday." Since its debut in May 1896, the Dow Jones has evolved from a 12-stock index that was predominantly dominated by industrial companies into a 30-component index filled with a diverse group of profitable and time-tested businesses. Although we often think of the Dow's components as slower-growing, mature businesses, these companies can still pack a punch and make patient investors a lot richer.
The billionaire reported owning a 9.2% stake in the social-media company, topping co-founder and Jack Dorsey and elbowing out numerous financial institutions.
When it comes to finding the best stocks, there are few investors better to imitate than Warren Buffett. From 1965 to 2020, his Berkshire Hathaway has seen its stock compound at a 20% annual rate. To put it another way, $10,000 invested in Berkshire in 1965 would be worth over $735 million today.
The stock market can be a fickle place, as we’ve seen this year. Starting early in January, all the main indexes fell, in a broad-based sell-off caused, at least in part, by worries over inflation and the Federal Reserve’s decision to start raising interest rates in response. The promised end of the central bank’s long-standing easy money policy spooked investors. The currents shifted in mid-March, however, after the Fed pulled the trigger with a quarter-point rate hike. The collective mind calm
Users of the commission-free trading app have remained committed to high-quality picks despite their recent weakness.
Despite all three major indices posting gains in March — the S&P 500, the Nasdaq Composite, and the Dow Jones Industrial Average all finished the quarter with their worst percentage declines since Q1 2020. Electric car stocks and elective vehicle (EV) charging stocks were no different, with all major U.S. automakers, except for Tesla, losing to the market. Here's why ChargePoint is crushing the market and remains an excellent long-term buy.
It's time for investors to prepare for the end of an era of low rates and slow growth that ruled since the 2008 global financial crisis, says BlackRock's Tony DeSpirito.
Stocks sold off hard in March 2020, then followed that up with a huge bull run, as growth stocks led the way. One growth stock that has had its up and downs is StoneCo (NASDAQ: STNE), the Brazilian fintech backed by Warren Buffett. StoneCo is a payment processor providing fintech solutions to Brazilian merchants so they can sell their products anywhere: in-store, online, or through cellphones.
SEC Chair Gensler says crypto markets should protect investors, Biden aims to ease supply-chain logjams with truckers, Exxon forecasts gains from rising oil prices and Russia costs, and other news to start your day.
In this article, we discuss the 10 safe stocks to invest in for the long-term in 2022. You can skip our comprehensive analysis of these stocks and the current market situation, and go directly to 5 Safe Stocks To Invest in For The Long Term in 2022. 2022 started off on a tough note for […]
Fisker (NYSE: FSR) may be behind other electric vehicle (EV) start-ups with the release of its first commercial vehicle, but it seems there are plenty of customers willing to wait. Investors in Fisker haven't had much to feel good about over the past year as shares have mostly treaded water. Fisker is offering four models of the Ocean SUV that are being manufactured under a contract agreement by 60-year-old automotive industry supplier Magna International.
Nvidia GPUs power self-driving cars and cloud gaming, with the chip giant also expanding fast in the metaverse. Is Nvidia stock a buy?
Over the past few months, inflation, rising interest rates, and other macroeconomic headwinds caused many investors to dump their growth stocks and buy value stocks instead. The Trade Desk owns the world's largest independent demand-side platform (DSP) for digital ads. In other words, The Trade Desk will benefit from the slow death of linear TV platforms and the rise of streaming services.

source


Article Categories:
टेक
Likes:
0

Recent Posts

Related Posts


    Popular Posts

    Leave a Comment

    Your email address will not be published. Required fields are marked *