Indonesia
Ignite by Igloo launches in Indonesia
This is their second market, after Vietnam.
Indonesian insurtech Rey Assurance nabs $4.2m funds in seed round
The round was co-led by the Trans-Pacific Technology Fund and Genesia Ventures.
How Qoala cuts policy issuance waiting period to 1 hour
Usually, it takes up to 14 days to process the initial insurance onboarding.
How Emma transforms AXA Mandiri's digital strategies
Emma is an all-in-one digital platform that meets the customers' needs, from purchasing an insurance policy to booking gym classes.
Information technology could bolster insurance industry growth: Indonesian regulator
The industry has grown by 8.67% annually for the past five years.
China Life Indonesia arm signs sales partnership with ZA Tech
This paves the way for the launch of the insurers endowment cover.
Indonesia insures more than 2,000 gov’t buildings
This is part of the government’s pilot program on disaster risk reduction.
Qoala raises $65m in new funding round
The round was led by Eurazeo with participation from several existing investors.
Sun Life Indonesia deepens bancassurance partnership with CIMB Niaga
This will effectively extend the two companies current partnership until 2039.
Indonesia life insurance industry to grow to $17.4b in 2025
After rebounding in 2021, the industry is set for a massive growth trajectory.
OJK promises balance in insurtech and consumer protection
Indonesia has a growing adoption of digital tech in the insurance industry.
Willis Towers Watson names new Indonesia business head
He will also head the corporate risk and brokerage.
Indonesian credit insurers to face increased claims: Fitch
Despite this, they are still expected to comply with regulatory requirements for capitalisation.
Rey Assurance boosts cashless claims with AXA partnership
Rey will work with AXA to remove friction from its cashless claims platform.
Cracked phone screen? Indonesian e-wallet DANA has insurance for that
Users can get coverage for as low as Rp500.
Weaker economic recovery to mute Indonesia’s non-life insurance demand
AM Best predicts a negative outlook for the country’s non-life segment.