Igloo and Circle K team up for insurance offerings in stores

Plan prices range from VND30,000 to VND282,000.

Igloo, a regional insurance technology (insurtech) firm, has revealed its strategic partnership with Circle K, a global convenience store chain.

This collaboration aims to enhance the accessibility of insurance products in Southeast Asia.

The partnership will commence in Vietnam, where Circle K operates over 400 stores, and it will be the first instance of general insurance products ready to purchase in convenience stores in Asia.

ALSO READ: Igloo extends Weather Index Insurance to Vietnamese coffee farmers

Igloo and Circle K have initiated the first phase of their partnership by launching Motor 24/7 Insurance in prominent cities such as Ho Chi Minh City and Hanoi. Vietnam has recently become the second-largest country in ASEAN in terms of motorcycle sales.

Succeeding products to be offered will be pet insurance and personal accident insurance. Price starts at VND30,000 ($1.28) for one month and VND282,000 ($12) for 12-month coverage.

Customers can avail of the products by scanning a QR code which will be displayed on Circle K counters. This will lead them to an online portal and customers can begin their application process. Payments can also be made via convenience store counters.

A certificate of insurance will be provided.

(VND1 = $0.000043)

Follow the link for more news on

Igloo

Also Read

HKIA takes action against ethical breach by agent

Asia bears $17b of Q1 natural disaster economic loss

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit