Igloo expands digital platform to the Philippines amidst low penetration rate

The platform is already available in Vietnam and Indonesia.

Insurtech, Igloo, commemorated the third year of Ignite by expanding the digital platform in the Philippines.

Already available in Vietnam and Indonesia, the app features over 42 products across nine categories from leading insurers, significantly boosting the efficiency of its partners.

The insurtech said its introduction of the platform in the Philippines aims to improve productivity and contribute to increasing insurance penetration, which is currently low at 1.75%. 

Igloo has also launched a new Ignite microsite to aid recruitment, offering content for those interested in pursuing careers in insurance sales. Additionally, Ignite is available as a white-label solution for insurers looking to digitise their sales activities.