insurtech 17/January/2019

Insurtech News > Aberdeen Standard invests $13m in Singapore insurtech firm

Digital insurance firm Singapore Life announced its latest cash investment in a string of series B transactions. Aberdeen Standard Investments’ subscription of US$13 million as a minority equity partner comes on the back of a US$20 million injection from Aflac Investment in December. This brings Singapore Life’s total capital raised to date to US$97 million.