Insurtech could save Asian insurers $300bn a year by 2025: UBS
The Asian insurance market could make savings of $300bn annually by 2025, thanks to improvements brought about by insurtech – benefits that would eventually be passed on to the consumer, according to UBS. It said mobile apps and online aggregators would help make shopping for insurance easier, while streamlining and increased automation would speed up the claims process, making it more attractive to the underserved Asian market, where only 13% of the population holds insurance policies.

Privacy Policy

Hubbis is committed to safeguarding the privacy of our users while providing a personalised and valuable service. This Privacy Policy statement explains the data processing practices of Hubbis. If you have any requests concerning your personal information or any queries with regard to these practices please contact our Privacy Officer by e-mail at [email protected]

Our site contain links to third party sites which are not subject to this privacy policy. We recommend that you read the privacy policy of any such sites that you visit.

Information Collected

We collect personally identifiable information about you (your “Data”) through:

the use of enquiry and registration forms

your purchase of any our products or services

the provision of your details to us either online or offline

The elements of your data that we collect may include:

Name

Job title

Company name

Company address, phone and fax number

Mobile telephone number

E-mail address

Educational history, work experience and other information from your CV if you provide this to us

We may also collect information that we request from you regarding your use of our service or that we collect automatically about your visit to our sites. Please see our Cookie Policy for more details.

Use and Disclosure of Personal Information

We use your Data for purposes which may include:

providing our users with a personalised service

processing orders, registrations and enquiries

conducting market research surveys

allowing users to participate in interactive features of our service, where they choose to do so

We may also disclose your information to business partners and to third party suppliers we engage to provide services which involve processing data on our behalf, successors in title to our business or in accordance with a properly executed court order or as otherwise required to do so by law. We reserve the right to fully co-operate with any law enforcement authorities or court order requiring or requesting us to disclose the identity or other usage details of any user of our sites.

We also use information in aggregate form (so that no individual user is identified by name):

to build up marketing profiles

to aid strategic development

to manage our relationship with advertisers

to audit usage of the site

We use technology on some of the pages of our websites, which may record user movements, including page scrolling, mouse clicks and text entered. It will not record financial information such as credit or debit card details. The data we collect in this way helps us to identify usability issues, to improve the assistance and technical support we can provide to users and is also used for aggregated and statistical reporting purposes.

Security Policy

Hubbis has appropriate measures in place to ensure that our users’ Data is protected against unauthorised access or use, alteration, unlawful or accidental destruction and accidental loss. User Data may be transferred outside Hubbis to data processors such as fulfilment houses but they will act only on our instructions to provide the services required.

Transfer of Data

The Internet is a global environment. Using the Internet to collect and process personal data necessarily involves the transmission of data on an international basis. Therefore, by browsing Hubbis sites and communicating electronically with us you acknowledge and agree to our processing of personal data in this way. By agreeing to our transfer of your Data to third party organisations for them to send you details of products and services offered (as detailed above) you are deemed to provide your consent to any transfer of your Data to or within any organisation.

User Access and Control of Data

If you wish to amend any of the Data which we hold about you, or update your marketing preferences, please contact admin or visit the “Contact Us” section of our website.