Indonesia
Indonesian government to accelerate policy guarantee agency
This aims to protect policyholders in the event an insurance company goes belly up.
Indonesian government to accelerate policy guarantee agency
This aims to protect policyholders in the event an insurance company goes belly up.
PasarPolis pilots new one-stop-shop insurance app Tap Insure
The app was created in partnership with PT Zurich Asuransi Indonesia, Tbk.
bolttech acquires majority share in Indonesian insurance broker
The acquisition bolsters the insurtech’s insurance exchange capabilities in the country.
Swiss Re and Indonesia Re partners to enhance digital accessibility in Indonesia
More than 70 reinsurers will benefit from this collaboration.
Astra International mulls sale if insurance business
The deal could value the business at $500m.
Aon names new Indonesia CEO
He was previously the CEO of Pacific MMI Insurance.
Ignite by Igloo launches in Indonesia
This is their second market, after Vietnam.
Indonesian insurtech Rey Assurance nabs $4.2m funds in seed round
The round was co-led by the Trans-Pacific Technology Fund and Genesia Ventures.
How Qoala cuts policy issuance waiting period to 1 hour
Usually, it takes up to 14 days to process the initial insurance onboarding.
How Emma transforms AXA Mandiri's digital strategies
Emma is an all-in-one digital platform that meets the customers' needs, from purchasing an insurance policy to booking gym classes.
Information technology could bolster insurance industry growth: Indonesian regulator
The industry has grown by 8.67% annually for the past five years.
China Life Indonesia arm signs sales partnership with ZA Tech
This paves the way for the launch of the insurers endowment cover.
Indonesia insures more than 2,000 gov’t buildings
This is part of the government’s pilot program on disaster risk reduction.
Qoala raises $65m in new funding round
The round was led by Eurazeo with participation from several existing investors.
Sun Life Indonesia deepens bancassurance partnership with CIMB Niaga
This will effectively extend the two companies current partnership until 2039.
Indonesia life insurance industry to grow to $17.4b in 2025
After rebounding in 2021, the industry is set for a massive growth trajectory.
OJK promises balance in insurtech and consumer protection
Indonesia has a growing adoption of digital tech in the insurance industry.
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1. India's life insurance growth slows to 10.6% in October 2. South Korean insurers brace for profit squeeze amidst rate cuts 3. bolttech secures $50m venture debt from HSBC, expands market 4. Life insurance premiums forecast to grow by 3% yearly until 2026 5. Prudential launches AI lab in SingaporeResource Center
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Humans need to be in insurance’s genAI loop
![Humans need to be in insurance’s genAI loop]()
Insurance
Employees still need to interpret AI-generated data and make decisions to minimise risks.
Employees still need to interpret AI-generated data and make decisions to minimise risks.
