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Synagie Corporation seeks opportunities to expand insurtech business

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CATALIST-LISTED Synagie Corporation has been actively seeking opportunities to expand its insurtech business, said the group in response to shareholder's queries ahead of its extraordinary general meeting. Read more at The Business Times.

CATALIST-LISTED Synagie Corporation has been actively seeking opportunities to expand its insurtech business, said the group in response to shareholder's queries ahead of its extraordinary general meeting.

Among upcoming acquisitions and new deals include its partnership with leading computer manufacturers to bundle or package the group's accidental damage protection solutions and third-party administration services in major government tenders for the supply of laptops and tablets. Synagie also said it is in advanced discussions with one of the world's leading computer manufacturers to offer laptops on a Device-as-a-Service basis to small and medium sized enterprises in Singapore.

In addition, it is exploring partnerships with various consumer electronics and mobile phone chain stores to further expand distribution channels for its mobile phone screen protection insurance products. It is also in discussions with various parties in the wearable technology and computer accessories sectors to offer extended warranty solutions and third-party administration services.

Asked about the ex-dividend date of the special dividend, Synagie said that it will be announced by the company in due course after the completion of the proposed disposal.

 

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