InsurTech

Singapore-based insurtech company Igloo has launched Igi, an AI travel insurance assistant in Indonesia that guides customers through the full purchase journey within a single conversational interface.

Igloo, Singapore-based insurtech company, today announced Tuesday a strategic partnership with Chubb Life Insurance Vietnam Company Limited and PT Chubb Life Insurance Indonesia (Chubb Life), to distribute insurance solutions across Vietnam and Indonesia through Ignite by Igloo, its insurance sales intermediary platform and network.

Insurance is, in every developed market, a quasi-public good. It is regulated, subsidized at the edges, and central to economic resilience. When the adjudication layer of that public good is privatized into opaque software, the social contract underneath insurance erodes regardless of whether any specific outcome is "wrong."

Singapore-headquartered insurtech firm Igloo has appointed Ramjit Lahiri as its Philippines Country Head, as the country’s insurance premiums reached PHP502.6 billion ($8.37 billion) in 2025 amid ongoing gaps in coverage and penetration.

Rosella, an AI-native commercial insurance brokerage, has raised A$3.7 million ($2.56 million) in pre-seed funding led by Southeast Asia-focused Peak XV Partners and Intact Private Capital.

Malaysia-founded PolicyStreet has secured RM84 million (US$21 million) in the first close of its Series C funding round, the insurtech firm said in a press release on Wednesday.

FWD Group Holdings Limited has announced several senior leadership appointments, including David Junius as Managing Director & Group Chief Financial Officer (CFO) from July 1, 2026; Alex Wong as Group Chief Actuary; and Khun Knattapisit Krutkrongchai as Chief Executive Officer for Thailand effective May 11, 2026.

We talked to Yen Ming Lee, Co-Founder and Group Chief Executive Officer of PolicyStreet to learn more about the firm’s achievements in 2025 and its plans and aspirations for 2026. He also shared his views on the outlook of tech ecosystem in Southeast Asia in 2026.

Thai Paiboon Insurance Public Company Limited (TPB), a Thailand-based non-life insurance company, has on last Thursday entered into a strategic partnership with Mpire Mobility Sdn Bhd, a subsidiary of Greentronics Technology Berhad, to offer innovation digital solutions and services for Malaysian motorists travelling into Thailand.

Japanese multinational electronics conglomerate, Sony, has partnered with Singapore-based insurtech bolttech, to launch My Sony Care+, an embedded protection program designed to give customers extended coverage for their devices.