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NewsAugust 18, 20262 min read

Daniel Ek’s body-scanning startup Neko Health opens first US office, in New York

Neko Health’s promised U.S. expansion arrives on September 24, when the health-scanning startup opens its first American office. It will be located in SoHo, Manhattan’s home of luxury shopping, at…

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KoverNow launches watch insurance through Watch Exchange
NewsAugust 18, 20261 min read

KoverNow launches watch insurance through Watch Exchange

Luxury timepiece buyers can secure worldwide protection at checkout or later. KoverNow has partnered with Watch Exchange, a luxury watch dealer in Singapore, to offer digital insurance coverage for high-value…

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Fairphone is launching its latest repairable phone in the US too
NewsAugust 18, 20262 min read

Fairphone is launching its latest repairable phone in the US too

Fairphone, the Dutch company known for its sustainable and repair-friendly phones, on Tuesday said its latest smartphone, Fairphone (Gen 6+), is now available in the U.S, starting at $649. The…

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Chubb Life adds 3-year option to flagship savings plan
NewsAugust 18, 20262 min read

Chubb Life adds 3-year option to flagship savings plan

The new structure targets faster capital recovery and wealth accumulation goals. Chubb Life Hong Kong has enhanced its flagship savings product, Chubb MyLegacy Insurance Plan V, with the introduction of…

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Reach Capital raises $265M Fund V to back AI founders building to ‘expand human potential’
NewsAugust 18, 20263 min read

Reach Capital raises $265M Fund V to back AI founders building to ‘expand human potential’

Reach Capital announced Tuesday the close of a $265 million Fund V. The thesis of the 11-year-old, San Francisco firm is to back founders building AI applications that can “expand…

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Philippine insurance seen growing 9.6% vs 8.3% GDP growth
NewsAugust 18, 20262 min read

Philippine insurance seen growing 9.6% vs 8.3% GDP growth

The projection exceeds the expected pace of worldwide industry expansion. The Philippines’ insurance market is expected to grow by 9.6% annually over the next decade, outpacing projected nominal gross domestic…

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Einride strikes deal to add 500 Tesla Semis to its fleet
NewsAugust 18, 20263 min read

Einride strikes deal to add 500 Tesla Semis to its fleet

Swedish electric and autonomous trucking company Einride said Tuesday it plans to buy 500 Tesla Semis and make the electric big rigs available to Amazon and other customers. The Tesla…

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Detroit startup Grounded raises $5M to customize electric and gas-powered vans
NewsAugust 18, 20263 min read

Detroit startup Grounded raises $5M to customize electric and gas-powered vans

Detroit-based Grounded has had to be flexible since it was founded in 2022. The startup was initially built around the idea of customizing electric vans like Ford’s E-Transit and General…

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Pay rises push more Australian earners into insurance-linked tax risk
NewsAugust 18, 20262 min read

Pay rises push more Australian earners into insurance-linked tax risk

Income threshold changes are prompting earlier policy decisions before the new financial year begins. Nearly a third of Australians who received a pay rise in the past 12 months were…

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Hong Kong life insurance crowds out health and P&C
NewsAugust 18, 20262 min read

Hong Kong life insurance crowds out health and P&C

Life made up $89.3b of the market in 2025 against $3.8b for P&C. Hong Kong’s insurance market remains heavily driven by life insurance, with 93.2% of the total insurance sector…

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