Grab moves to offer digital insurance services in Southeast Asia
Grab is Southeast Asia's top ride-hailing firm, thanks in no small part to its acquisition of Uber's local business last year, but the company also houses an ambitious fintech arm, too. Grab and ZhongAn International, the international arm of the Chinese insurance giant, said today they will create a joint venture that will provide digital insurance services across Southeast Asia. Grab said the new business will partner with insurance companies to offer the services via its mobile app.