• IPGL Raises Stake in Singapore Life to 63.2%

    11 days ago - By A.M. Best

    British investor Michael Spencer has invested an additional US$52.7 million in insurance startup Singapore Life Pte. Ltd. in a deal that will give him a controlling stake in the company.
    Spencer's ...
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  • A finance veteran is betting $50 million on a life insurtech in Singapore

    A finance veteran is betting $50 million on a life insurtech in Singapore

    11 days ago - By Business Insider

    Michael Spencer, the founder and CEO of NEX Group, is betting $50 million in insurtech Singapore Life.
    The insurtech focuses on offering life insurance digitally, while most of Asia still largely depends on agency sales for life insurance.
    The company's model may be new to the market in Singapore, but having such an experienced backer could help its future success.
    This story was delivered to Business Insider Intelligence " Fintech Briefing " subscribers. To learn more and subscribe,
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