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September 13, 2018

Digital insurance venture Blue launched

By Patrick Brusnahan

Blue, the joint venture between Aviva , Hillhouse Capital, and Tencent, has launched.

Free Whitepaper
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Never Trust, Always Verify: Is Zero Trust the Next Big Thing in Cybersecurity?

Cyberattacks continue to rise every year and no sector seems to be immune. Hackers target sensitive information such as organizational, client, and financial data, as well as intellectual property (IP) and proprietary functions. As digital transformation becomes a top priority for many organizations, traditional perimeter-based security models are no longer sufficient to address the growing cybersecurity concerns. Against the backdrop, enterprises explore zero trust as it takes a micro-level approach to authenticate and approve access at every point within a network. Reasons to read: The cybersecurity landscape is swiftly changing, and businesses need more awareness to meet the evolving change. The report highlights the current state of play and the future potential of the zero trust approach in cybersecurity to protect critical digital infrastructure of enterprises across sectors such as financial services, healthcare, telecom, and transportation, among others. Read our report and gather insights on the following topics:
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by GlobalData
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Intended to shake up the insurance market in Hong Kong, Blue digital insurance is easy-to-use and has zero commission.

Blue digital insurance in Hong Kong

Hong Kong customers are now able to buy term life and critical illness products directly online. Blue is the first platform of its kind in the market and is suited to customers wanting to take charge of their own insurance protection.

In addition, the Blue digital insurance process is digital with no complicated processes or lengthy paperwork.

Moreover, the platform is set to combine Aviva’s insurance expertise with Hillhouse’s investment management capability and Tencent’s tech.

Chris Wei, Executive Chairman of Aviva Asia and Aviva Digital, said: “We are redefining insurance in Hong Kong. Simple products. No paperwork. No commissions. Hongkongers are incredibly mobile and tech-savvy, yet the insurance market has been among the most traditional in Asia. Until now. Our new digital life insurance brand in Hong Kong, Blue, will offer insurance that customers can buy directly from their mobile phones, without the intermediaries – and the commissions.”

Furthermore, Charles Hung, Chief Executive Officer of Blue, said:”Our purpose at Blue is to make people’s lives easy by providing simple, flexible insurance solutions that come with zero commission. By removing the complexity from insurance, we are able to unlock exceptional value for customers. We encourage customers to take charge of their protection as we believe that they know their needs best.”

Free Whitepaper
img

Never Trust, Always Verify: Is Zero Trust the Next Big Thing in Cybersecurity?

Cyberattacks continue to rise every year and no sector seems to be immune. Hackers target sensitive information such as organizational, client, and financial data, as well as intellectual property (IP) and proprietary functions. As digital transformation becomes a top priority for many organizations, traditional perimeter-based security models are no longer sufficient to address the growing cybersecurity concerns. Against the backdrop, enterprises explore zero trust as it takes a micro-level approach to authenticate and approve access at every point within a network. Reasons to read: The cybersecurity landscape is swiftly changing, and businesses need more awareness to meet the evolving change. The report highlights the current state of play and the future potential of the zero trust approach in cybersecurity to protect critical digital infrastructure of enterprises across sectors such as financial services, healthcare, telecom, and transportation, among others. Read our report and gather insights on the following topics:
  • Traditional vs zero trust protection
  • Key advantages and solution providers
  • Major industries and key players
  • Drivers and challenges
  • Top funded startups and Mergers & Acquisitions
  • Implementation challenges
by GlobalData
Enter your details here to receive your free Whitepaper.

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