As global advances in e-commerce and financial technology (“fintech”) catalyze change in insurance markets, how can Taiwan enable insurers to provide individuals and families with the full insurance coverage they need and close the insurance “protection gap”? In the recently published 2017 Taiwan White Paper, the Insurance Committee of the American Chamber of Commerce in…

With smartphone penetration rates exceeding 65%, Internet penetration at 80%, and a quarter of the population using at least three connected devices, Taiwan is among the most connected nations in the world. This connectivity is reflected in Taiwan’s surging e-commerce, which has grown on average at 10-20% annually for the past five years, reaching nearly…

The introduction of mobile and third-party payment platforms is expected to bolster the nation’s burgeoning e-commerce market. Taiwan’s payments industry is getting a needed shakeup with the adoption of contactless technology to facilitate mobile transactions and the passage new legislation to legalize third-party electronic payment services. Those changes will not fundamentally alter the island’s payments…