Source: The Asset

The D2C platform leverages Igloo’s strong insurance network to offer tailored microinsurance products for digital consumers in one place. Consumers can explore a variety of insurance products on the platform, including motorcycle, car, pet, and travel insurance from top insurers such as Zurich, Sompo, SinarMas, and Oona.

The platform provides complete information on products and their coverage, detailing what is and isn’t covered under each plan, which addresses a common source of customer dissatisfaction. Consumers can also track, manage, and retrieve important details about the policies they have purchased in one location.

Platforms like igloo.co.id can help boost insurance penetration, inclusion, and digital literacy in Indonesia, particularly among young Indonesians. These individuals, who are notably more tech-savvy, better informed financially, and driven to secure their future, stand to gain from the accessibility and affordability of options provided on the platform.

“We are thrilled to launch igloo.co.id in Indonesia, a platform that underscores Igloo’s dedication to making insurance simple and straightforward for customers,” says Igloo chief executive officer Raunak Mehta. “Igloo.co.id empowers consumers to explore, learn about, and select the insurance products that best suit their needs. By doing so, we are able to tackle the critical challenges of accessibility and information transparency that have traditionally hindered insurance adoption in the country.”

Read the full article: https://www.theasset.com/article/52693/igloo-rolls-out-d2c-insurtech-platform-in-indonesia