It is hoped the virtual insurance licences will encourage wider use of technology by Hong Kong’s insurers. Photo: Shutterstock

First virtual general insurance licence goes to Avo as Insurance Authority promotes insurtech in Hong Kong

  • Avo will be a purely digital insurer, selling its products online without the use of agents or brokers
  • The virtual licences are aimed at promoting insurtech in Hong Kong
Topic |   Insurance

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It is hoped the virtual insurance licences will encourage wider use of technology by Hong Kong’s insurers. Photo: Shutterstock
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