Igloo

It’s the time of the year again as we take a look back at what happened throughout 2023 in the tech and startup scene in Southeast Asia.

Singapore-based insurtech Igloo has on Monday announced that it has closed a $36 million Pre-Series C funding round. Global investment firm Eurazeo, through its insurtech fund backed by the insurer BNP Paribas Cardif, led the investment.

Singapore-based insurtech firm Igloo has forged its first mobile partnerships with China-based consumer electronics manufacturers OPPO and realme to offer after-sales care in Southeast Asia. The partnership has launched in Singapore with OPPO and in the Philippines with realme, with plans to roll out into other markets, including Indonesia, Vietnam,…

Igloo has appointed John Chen as Country Manager, Igloo Thailand. In his new role, Chen will spearhead the growth and operations of Igloo in the market, in addition to establishing more strategic partnerships and delivering an expanded range of insurance products to Thai consumers.

In the interview, Mehta also shared about Igloo's plans and strategy after the fundraise last year. He also shared his views about the insurance industry in Southeast Asia, the challenges Igloo faces expanding in the region and the company plans to address these challenges, among others.

Singapore-based insurtech firm Igloo has launched a range of new insurance products aimed at addressing emerging risks and the underserved needs of consumers and businesses in Southeast Asia.

Following the success of the weather index insurance for rice farmers, Singapore-based insurtech Igloo expands its blockchain-based parametric index insurance to coffee farmers.

Singapore-based insurtech Igloo has on Tuesday announced that it has successfully raised an additional $27 million in its Series B extension, bringing a close to its Series B funding round at $46 million. The initial Series B capital raise of $19 million in March this year was led by Cathay Innovation, with further investments from ACA and other existing…

Singapore-based insurtech Igloo, in partnership with PVI Insurance, Vietnam Meteorological and Hydrological Administration (VNMHA) and international reinsurer SCOR, on Tuesday announced the launch of the country’s first weather index insurance - a blockchain-based parametric index insurance product that automates insurance claims of rice farmers.