Insurtech & Digital Insurance
Strategic advisory for digital insurers, MGA platforms and insurance technology ventures.
Overview
Strategy, regulatory and operational advisory for insurtech companies, digital insurance platforms and financial institutions building insurance propositions.
How Alpha Can Help
Our team brings direct practitioner experience to every engagement. We work with clients from initial assessment through to implementation, providing practical advisory grounded in real-world understanding of insurtech & digital insurance.
Whether you need an independent review, framework development, regulatory preparation or executive training, our senior consultants can support your requirements directly.
Service Areas
Frequently Asked Questions
What regulatory requirements apply to digital insurers in Singapore?
Digital insurers in Singapore require a licence from MAS under the Insurance Act. MAS has issued guidelines covering technology risk management, business continuity, cyber resilience and customer protection that apply specifically to digital insurance operations. Product approval processes apply to all insurance products regardless of distribution channel.
What is an MGA and does it need a licence in Singapore?
A Managing General Agent (MGA) underwrites insurance on behalf of a licensed insurer, typically with delegated binding authority for a defined class of business. Whether an MGA platform requires its own MAS licence depends on the scope of its activities. MAS has published guidance on the regulatory perimeter for intermediaries including MGAs.
What is the difference between a digital insurer and an insurtech?
A digital insurer is a licensed insurance company that distributes and manages insurance products through digital channels. An insurtech is typically a technology company operating in the insurance value chain, which may or may not require a licence depending on its activities. Some insurtechs hold or require insurance distribution, brokerage or underwriting licences.
Discuss Your Insurtech Requirements
Our team would be pleased to understand your requirements and discuss how we can support your organisation.
Get in TouchNavigating a Complex Insurance, Risk or Regulatory Challenge?
Whether you are strengthening your risk framework, entering a new market, preparing for regulatory review or building a new insurance proposition, our team would be pleased to discuss how we can support you.