Insurtech—short for "insurance technology"—is a broad category of constantly changing technologies used in the insurance industry. Any technology that's used by an insurance company to increase the efficiency of its operations could be considered InsurTech.
- Insurance Law
Insurance Office
- Sub-decree on Insurance
- Private sector started to grow company
- Micro Insurance
Life Insurance
Department of Insurance and Pension
Insurance Law
Sub-decree on Insurance
Insurance Regulator of Cambodia
Source: Insurance Regulator of Cambodia
During the crisis, technologies have increased in its importance as well as its economic and social potentials for many countries. In terms of technology, during the crisis, were the rapid advancement of HealthTech and EdTech. COVID-19 crisis has accelerated the provision of solutions to support patients over digital systems which help facilitating access to healthcare services using Telemedicine platforms. At the same time, the use of technology in education has also increased significantly, with education providers shifting to e-learning platforms. This has made both HealthTech and EdTech be the investment destinations from investors.
| Activities | Temporary Setback | Continued Growth | Acceleration | ||
|---|---|---|---|---|---|
| E-commerce | |||||
| Transport (car hailing) | Food Delivery | ||||
| Online Travel | |||||
| Online Media | |||||
| Lending | Insurance | Investments | Payments | Remittance | |
Source: Google, Temasak, and Bain & Company, E-conomy SEAR 2020
Administrative Management System
Insurance Agent Registration System
Financial Data Collection and Management System
Signal and System Analysis
Insurance Data Management System
Source: Insurance Regulator of Cambodia
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Source: Insurance Regulator of Cambodia
Source: Insurance Regulator of Cambodia
Source: Insurance Regulator of Cambodia
Source: Insurance Regulator of Cambodia
Source: Insurance Regulator of Cambodia
