FingerMotion (FNGR) said Friday that its Finger Motion Financial signed an agreement with Mach Wireless Teknologi for the deployment of its artificial intelligence-powered insurance risk rating platform in Indonesia.
No financial details were disclosed. FingerMotion said the agreement will see the development of a version of the platform that aligns with the Indonesian market to support underwriting for the motor, health, and life insurance sectors.
FingerMotion Chief Executive Officer Martin Shen the deal is part of the company's strategic expansion in Southeast Asia and the company is already finalizing an agreement with a "major" telecommunications provider in Indonesia, in partnership with Mach Wireless.
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