MSIG Strategic Equity Investment in InsurTech, Ancileo

Pickering Pacific is delighted to announce that it acted as the exclusive financial advisor to Ancileo on its strategic partnership and equity investment from MSIG.

The partnership represents a significant milestone in Ancileo’s growth journey and underscores the increasing convergence between insurance and digital distribution ecosystems across Asia-Pacific. Through this investment, both parties aim to accelerate the development and distribution of travel insurance solutions via digital channels, particularly through airlines, online travel agencies, and other travel ecosystem partners. The collaboration is expected to further enhance customer experience through seamless integration and greater speed and agility, while capturing the structural growth in travel demand across the region.

Ancileo is a travel insurance technology company. Ancileo works with leading airlines, OTAs, and insurers across 25+ markets to redesign how travel protection is personalised, distributed, and claimed. Founded in Singapore, Ancileo combines deep B2B2C expertise with proprietary technology to help partners grow adoption and deliver protection travellers actually value.

MSIG is a leading general insurer in Asia and a major player in the regional travel insurance market. MSIG is widely recognised for its travel insurance offerings in Singapore, Thailand and Hong Kong.

This deal marks our second completed transaction for Ancileo.

MSIG’s press release can be found here