IndiaFirst life insurance, a joint venture between Bank of Baroda, Andhra Bank and Legal and General of UK, has announced a tie-up with Oxigen services, to offer its products through Oxigen's micro ATMs.
Pacific Life Re announced the appointment of Mr Joe Durkan to lead their increased focus on Alternative Distribution.
China's insurance regulator has announced in a directive that it would crack down on irregularities in life insurance sales, including illegal operations, to protect the rights and interests of consumers.
The insurance market will still be dominated by agency models, however insurers will have to do more to figure out how to best integrate their offerings online.
AIA Singapore has launched AIA Financial Advisers (AIA FA) as part of its move to strengthen its distribution network.
"The mistake that people often make is that they think there is a binary decision between digital advice or face-to-face. And the reality is that consumers don't think about the world in that way," said Mr Roy Gori, President, Manulife Financial Corporation.
ReMark International, the firm dealing with alternative and direct distribution of insurance products, has announced the appointment of Ms Na Jia as Chief Executive Officer, effective 28 July.
Sony Life Insurance plans to open agencies in shopping centres in Singapore where people can shop for policies from multiple insurers.
New regulations targeting insurance packages sold on TV shopping channels have seen fewer customers misled by false advertising.
China's first online-only life insurer, Hetai, has started operations.