From cats to crypto, Hong Kong’s first virtual insurer eyes growth in niches
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HONG KONG — When Alvin Kwock came across cryptocurrency in 2016, as the price of BitCoin was beginning to edge toward $1,000, the CEO of Hong Kong online insurer OneDegree said he was immediately skeptical.
“Honestly speaking, it came across as a complete con,” Kwock recalled. “I didn’t dare touch it.”