JA Assure, a regional Insurtech firm collaborates with India’s Top Indian University for Research and Development
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Representatives of JA Assure and SRM University inks a deal in Chennai, Tamil Nadu, India.
SINGAPORE – 17 April 2023 – JA Assure, a leading Singaporean niche market Insurtech firm, has announced a collaboration with India’s renowned SRM University to drive research and development of new technologies. The memorandum of understanding (MoU) signed between JA Assure and SRM University aims to develop innovative products and systems that will enhance JA Assure’s technological leadership in the Insurtech space.
The partnership between JA Assure and SRM University will leverage the strengths of both organizations to foster creativity, exploration of new ideas, and development of innovative solutions to real-world problems. Annual hackathons, joint research, and development efforts, as well as sharing of expertise, resources, and facilities, are expected to be key components of the collaboration, which is set to commence in April 2023. “We are excited to partner with SRM University on this important initiative,” said Japhire Gopi Kannan, CEO and Founder at JA Assure. “SRM encourages its students to think creatively, explore new ideas, and develop innovative solutions to real-world problems. We want students to challenge the norm and to be fearless with their thinking to solve real-life business challenges.”
Dr. M. Pushpalatha, Professor and Head of Department (Computing Technologies – School of Computing) at SRM University, commented, “The scope of collaboration on research activities is to evaluate the validity of an interpretive framework on new technologies towards solving business challenges by developing products and systems for JA Assure. It is a testament to our commitment to advancing technology and making a positive impact in society. We are eager to work with JA Assure to bring new innovations to market and improve the lives of people around the world.”
JA Assure, founded in 2012, has established a strong presence in Southeast Asia and is recognized as an industry innovator in the region, offering services and Insurtech solutions through its affiliates and brands ranging from Medical Malpractice Insurance, Cybersecurity Insurance as well as Transit Insurance for high valuables. With expertise in niche areas of the Insurance and Insurtech business, JA Assure aims to reshape the way Asia thinks about Insurance through its technological advancements and customer-centric approach.
SRM University, located in Chennai, India, is a top-ranking institution with a wide range of undergraduate, postgraduate, and doctoral programs. Accredited with the highest ‘A++’ grade by NAAC in 2018 and placed in Category-1 with 12B status by MHRD-UGC, SRM University is known for its quality courses and has received high rankings from reputable sources such as the National Institutional Ranking Framework, QS (UK), and Times Higher Education (UK). The Times of India has ranked it as the No. 1 private engineering institute among the top 75 in India.
The collaboration between JA Assure and SRM University is poised to drive innovation in the Insurtech space, benefiting customers and advancing the industry’s technological capabilities.
About JA Assure:
JA Assure, a multinational niche market Insurtech firm, has been providing risk management solutions to businesses and industries in Singapore, Malaysia, Hong Kong, and across SE Asia for the past 20 years. As pioneers in the industry, we have achieved several “world’s firsts,” including an online calculator for insurance premiums servicing niche industries such as jewelers, diamond dealers, money services, pawnshops, remittance firms, and luxury goods retailers. We are also the first Insurtech firm to offer healthcare professionals the ability to secure their medical malpractice insurance through an easy-to-use online portal, processing transactions in just minutes. Additionally, we work closely with high net-worth individuals, providing protection for personal valuables, exotic motorcycles, luxury cars, yachts, as well as strategic protection and planning against kidnap and ransom. Our cutting-edge risk management solutions, developed in partnership with leading insurers, are industry benchmarks. Founded in 2012, JA Assure has grown exponentially, with a strong presence in Southeast Asia and a team of talented experts specializing in insurance, technology, finance, creative, and client relations. With our innovative services and solutions offered through several affiliates and brands, we have solidified our position as the industry’s leader in the region.
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Darshveni Karunan
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