Source: Igloo

Leading regional insurtech Igloo has partnered with Telkomsel, Indonesia’s biggest telecommunications service provider, to introduce a series of innovative insurance services. This collaboration underscores the growing role of embedded insurance in APAC’s mobile-first markets.

The partnership brings innovative insurance products to more than 150 million Telkomsel customers in the country, including cybersecurity, gadget, travel, and phone screen protection. Customers can easily acquire these products while topping up their credit and/or buying data packages on the MyTelkomsel app. Premiums start as low as IDR 200 to IDR 3,000, with various coverage periods to choose from.

“Embedding insurance protection on the MyTelkomsel App with Igloo reflects our commitment to enhancing the digital lifestyle of Indonesians by offering convenient, secure, and relevant protection that goes beyond connectivity. With more Indonesians spending time and money online, this strategic and innovative partnership reinforces our commitment to not just connect but also protect our users by empowering them with simple, secure, and accessible digital insurance solutions,” said Alfian Manullang, VP of Data Solutions & Digital Financial Services at Telkomsel.

“It is great to count Telkomsel, Indonesia’s biggest telco, as one of our partners,” said Raunak Mehta, CEO and Co-founder, Igloo. “Over the years, we’ve made a name for being the insurtech that helps businesses embed consumer-centred insurance protection within seamless purchasing journeys. To be able to do this for Telkomsel’s over 150 million customers is further testament to our expertise and commitment in this area.”

Read the full article: https://iglooinsure.com/press/telkomsel-embedded-insurance-150-million-users-indonesia/