OneDegree Hong Kong has marked its second anniversary with strong growth and an expanding portfolio of digital insurance products. According to the online insurance provider, its total sum insured as of March 2022 is HK$8.4 billion (SG$1.47 billion), a more than tenfold increase from March 2021. In the first quarter of 2022, OneDegree’s sales grew 39% amid the fifth and worst wave of COVID-19 outbreak, reflecting the soaring demand for and confidence in digital insurance service. OneDegree launched pet insurance, parcel protection for e-commerce and fire insurance in its first 12 months of operation, followed by its first critical illness...