Here’s what you should know today.
1. Singaporean insurtech startup PolicyPal secures seed funding from 500 Startups
PolicyPal, which launched in April 2016, displays all your existing insurance coverage plans on a single screen. It’ll tell you when to renew specific plans as well as when a premium payment is due.
It will be using the fresh funding to strengthen product development efforts as well as to enter the Monetary Authority of Singapore (MAS)’s fintech regulatory sandbox.
Read the rest of the story here.
2. The Amazon S3 outage is what happens when one site hosts too much of the internet
The problems seem to stem from trouble with Amazon’s cloud storage service S3, which Amazon confirmed is experiencing “high error rates,” particularly on the East Coast.