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Regional Insurtech Igloo and Vietnam’s AhaMove strengthen partnership with 3 new insurance products including hospital cash allowance to protect its drivers

Igloo, one of Southeast Asia’s fastest-growing insurtech continues to deliver affordable and accessible insurance coverage in Vietnam with 3 new insurance products through its partnership with AhaMove, Vietnamese on-demand delivery platform3000 drivers will receive a 60% discount on Hospital Cash Allowance insurance coverage, as part of a community initiative from Igloo and Ahamove to protect frontline workers amidst the complicated COVID-19 situationDrivers can choose from 3 plans starting from as low as 45,000VND/month, with hospitalisation allowance of up to 1,000,000VND/day Ho Chi Minh City, Nov 25, 2021 – (ACN Newswire) – Igloo, Singapore-headquartered and Southeast Asia-focused insurtech strengthens its partnership with AhaMove, Vietnam’s fastest-growing delivery platform with 3 new insurance product offerings – Hospital Cash Allowance and Motor Insurance (coming soon), and Transit Insurance for over 120,000 riders and 2 million customers. These products come on the heels of AhaMove and Igloo’s Personal Accident Cover for AhaMove’s drivers launched in May this year, bringing the total of products offered to four. In light of the complicated COVID-19 situation across the count...

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Regional insurtech Igloo named among “2021 Inclusive Fintech 50”

SINGAPORE, Nov 2, 2021 - (ACN Newswire via SEAPRWire.com) - Regional insurtech, Igloo, was named as one of the winners of the 2021 Inclusive Fintech 50 (IF50) competition, an annual competition hosted by The Center for Financial Inclusion. In its 3rd year, IF50 recognises early-stage Fintechs that are helping low-income customers and micro and small enterprises who are affected by the pandemic and help them rebound, rebuild and recover.Igloo's partnerships with foodpanda in Singapore and Thailand reflect this - in the midst of the Covid-19, Igloo and foodpanda saw a need to provide food delivery riders and their families with a peace of mind as they travel the roads to meet heightened demand from Covid-19 dining restrictions.Last year, Igloo partnered with foodpanda Thailand to introduce an insurance programme that provides free Covid-19 protection for delivery riders in Thailand. In Singapore this year, Igloo introduced PandaCare, a fuss-free and wallet-friendly insurance coverage for delivery riders. PandaCare is specifically designed for gig economy workers and encompasses six benefits: Accidental Death, Accidental Medical Expenses, Accidental Mobile Phone Screen Damage, Daily H...

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E-Wallet DANA partners with Igloo, Providing Electronic Gadget Insurance

JAKARTA, Oct 7, 2021 - (ACN Newswire via SEAPRWire.com) - Indonesia's leading e-wallet DANA today expands a new added value for its users by providing phone screen protection insurance with Singapore-headquartered regional insurtech Igloo. Through this partnership, DANA aims to offer its over 80 million users an affordable microinsurance solution through a digital channel to purchase mobile phone screen protection and make a claim, all in one app.Underwritten by PT Jasa Asuransi Indonesia-Jasindo and distributed by PT Insco Multi Pratama, plans start from as low as Rp500 and cover up to a maximum of Rp200,000 for cracked phone screens on both new and used mobile phones. To activate the protection, users can navigate to "DANA Siaga" in the DANA app to select a plan that suits their lifestyle or select the add-on when completing their purchase of mobile recharge.Together with Igloo, DANA has introduced a digital solution for mobile phone screen protection for avid mobile users in Indonesia who want hassle-free and easy claims management for insurance solutions."As a lifestyle-based digital wallet application, DANA offers a one-stop solution to accommodate the various characteristics ...

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GCash Introduces First of Its Kind, Online Shopping Protection with Regional Insurtech Firm, Igloo

MANILA, Sept 22, 2021 - (ACN Newswire via SEAPRWire.com) - Philippines' leading e-wallet provider GCash, has launched an online shopping insurance - underwritten by PGA Sompo - with Singapore-headquartered regional insurtech Igloo, to protect its growing online customer base. This launch and partnership come at a time where GCash has seen a surge in online transactions and is on track to hit PHP 3 trillion in full-year gross transactions - 3x of last year's performance. This was driven by Filipino consumers shifting to online for their daily needs.Igloo's online shopping protection via GCash's platformToday, there is an increasing demand to go cashless and more merchants and retailers are opting for the convenience of e-commerce, and express peer-to-peer cash transfers. Over 70% of Southeast Asia is online and last year, the region saw 40 million new users join the internet. In a recent survey, the Philippines alone saw 37% of all digital service consumers are new to the service due to COVID-19. The survey also shows 97% of these new digital consumers will continue to use digital services going forward. This has led to an increasing need to be able to secure each transaction. Throu...