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Vietnamese digital insurer Saladin raises series A funding
Yahoo Finance· 2025-12-15 10:00
Core Insights - Saladin, a digital insurance broker in Vietnam, has successfully completed a series A funding round led by SBI Ven Capital, with participation from various investors, although the amount raised remains undisclosed [1][2] - The funding will enable Saladin to expand its product offerings and strengthen partnerships to provide more life and health insurance solutions online [1][2] Company Overview - Founded in 2022, Saladin operates as a digital-first insurance distribution platform in Vietnam, offering B2B2C solutions and connecting consumer services such as payments, travel, and healthcare [2] - Currently, Saladin collaborates with 15 insurers in Vietnam and has nearly one million unique customers on its platform, supported by a network of over 15,000 registered agents and partners [5] Future Plans - Saladin plans to launch life insurance products, including term life and health protection, focusing on online distribution channels [3] - The company aims to enhance customer engagement by improving service operations related to claims handling and ongoing support [4] - Future growth will rely on forming additional partnerships in health, term life, and travel insurance to develop tailored protection solutions for the Vietnamese market [5] Market Context - The CEO of Saladin, Vivien Vân Lê, highlighted Vietnam's ongoing reforms and digitalization efforts, suggesting that the years 2026-27 will mark a significant period of innovation in insurance, fintech, and healthtech [3]
AmTrust appoints Carl Canales as EVP, Head of Field Operations for NA P&C
ReinsuranceNe.ws· 2025-09-11 06:30
Core Insights - AmTrust Financial Services, Inc. has appointed Carl Canales as Executive Vice President, Head of Field Operations for North American P&C [1] - Canales will oversee distribution strategy, revenue growth, underwriting, and relationship management for AmTrust's US commercial P&C products [3] - He has over 20 years of experience in the insurance industry, previously working at Liberty Mutual Insurance [4] Company Overview - AmTrust is recognized as a leading national carrier of small business risks, focusing on innovation and customer satisfaction [5] - The company offers products in Workers' Compensation, Businessowners Policies (BOP), and Cyber, designed to meet the evolving needs of small businesses [5] Leadership and Strategy - Chris Foy, EVP, Head of North American Commercial P&C, expressed confidence in Canales' expertise and track record in building agent and broker relationships [5] - Canales aims to enhance AmTrust's commitment to delivering innovative solutions and outstanding service to agent partners [5]