Indonesian fintech protects 200k customers through Qoala, Sompo collab

JULO Protect Plus is the first insurance cover embedded in its virtual credit card solution.

Indonesia-based JULO said that it successfully provided insurance coverage to over 200,000 customers in the form of existing gadget protection in just three months.

JULO Protect Plus, launched under the JULO Cares platform, is the first insurance cover embedded in JULO's virtual credit card solution.

This benefit ensures customers' smartphones are protected, maintaining their access to the app.

The initiative is a collaboration with Qoala, an omnichannel insurtech company, and Sompo Insurance, a general insurer with a 48-year presence in Indonesia.

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Qoala

Sompo Holdings

Sompo Insurance Indonesia

Gadget Insurance

insurance

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