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OneDegree Global Empowers Korea’s First Cloud-Based Insurance Platform Service ‘Yes, Sure’ with Modern IXT Insurance Core Solution
In the fast-paced world of insurance, customer expectations are evolving rapidly. They’re looking for insurance products that are not only efficient but also simple to understand and use. ‘Yes, Sure‘ by DB Inc., is a cloud-based scalable platform designed specifically for microinsurance. This innovative solution has recently made its debut in the Korean market, with a clear mission to empower small-amount and short-term insurers (SSI).
Addressing Korea Industry Challenges with IXT
As insurers grapple with the complexities of digital transformation, regulation change and the need for rapid innovation in Korea, ‘Yes, Sure’, developed by DB Inc., has stepped up to the plate. By implementing IXT‘s modern insurance core solution, ‘Yes, Sure’ offers a comprehensive answer to these pressing industry needs.
Strategic Partnership: OneDegree Global and DB Inc.
The launch of ‘Yes, Sure’ is the result of a strategic partnership formed in 2023 between Singapore’s OneDegree Global and DB Inc., a leading technology solution provider in the Korean insurance market. insurance market. This collaboration has positioned DB Inc. as the Korean reseller and localization partner for IXT solution, ensuring that SSI and ecosystem partners can harness IXT’s digital insurance capabilities while adhering to local laws, regulations, and market preferences.
Yes, Sure: A Game-Changer for Microinsurance
‘Yes, Sure’ by DB Inc. is more than just a platform – it’s a cloud-based insurance service that charges fees according to usage and grows along with customer scale. This innovative approach allows SSI companies to enter the insurance business with minimal initial setup costs. The platform provides access to a wide range of essential insurance services, including:
- Streamlined, agent-free quotation and application processes
- Efficient insurance product launch
- Seamless policy administration
- Simplified claim applications
Collaborative Success and Growth
“Our evolving insurance landscape offers immense opportunities,” Michelle Ip, CEO of OneDegree Global commemorated on the collaboration. “At OneDegree Global, we have a grand vision of democratizing insurance access and sparking innovations with insurers & ecosystem partners in Asia markets, and by partnering with DB Inc., we are committed to cement OneDegree Global’s contribution in Korea.”
As the insurance landscape continues to evolve, platforms like ‘Yes, Sure’ are poised to play a crucial role in democratizing access to insurance services and fostering innovation not just for SSIs, but can also inspire medium and large-size insurance companies to leverage new, modern insurance core stack as a second insurance core system to power digital growth.
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Rising D&O Claims in India Put Corporate Leaders Under Heightened Scrutiny: Marsh Report
India’s corporate landscape is undergoing rapid change, with directors and officers increasingly facing personal liability risks. Marsh India has released findings from its Directors & Officers (D&O) Liability Insurance Claims Trends Report 2025, which reveals sharp increases in claim notifications, escalating defence costs, and intensifying regulatory actions, underscoring the urgent need for stronger governance and comprehensive D&O coverage.
New Cyber Insurance MGA Launches with Exclusive Partnership with Global Cybersecurity Firm, Trend Micro – Targeting US Customers
Invision Cyber, a new cyber insurance MGA founded by Acies with London and Lloyd’s market veteran Stuart Essex and cyber expert James Ingram, has entered into a strategic partnership with global cybersecurity leader Trend Micro to offer a cyber insurance product tailored exclusively for Trend Micro customers in the US.
Shift Technology Launches Shift Claims to Power Claims Transformation with Agentic AI
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Zego, the UK’s first insurtech unicorn and a pioneer in telematics insurance, announced its ambition to reshape how drivers think about car insurance.
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The World Life Insurance Report 2026, conducted jointly by the Capgemini Research Institute and LIMRA, shows that even though 68% of adults under the age of 40 see life insurance as essential for a healthy financial future, current offerings do not align with their financial priorities, hindering adoption.
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Despite juggling care roles and household duties, many UK women remain without life insurance, leaving dependants vulnerable. Recent research from Capital for Life and Post Office Life revealed that while 53% of adults say they have a life insurance policy, gender differences persist: 56% of men have coverage compared to 51% of women. That 5-point gap signals a deeper issue in financial protection.
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