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Wednesday, May 29, 2024

Insurtech Igloo reveals Ignite branding and merchandise


The brand new Ignite by Igloo branding is vibrant to mirror the corporate’s development and dedication to empower brokers to promote.

Since its launch, Ignite by Igloo has recruited over 22,000 brokers in Vietnam and Indonesia. It has additionally helped facilitate over 36,000 insurance policies.

The objective was to offer a one-stop app to boost the client expertise and retain relevance in a digital world. Ignite helps brokers streamline customer support and administrative work to allow them to deal with the sale.

Moreover, the colourful branding for Ignite by Igloo highlights the expanded function vary, from 9 to twenty. Gross sales intermediaries in Vietnam and Indonesia can now supply over 30 plans throughout seven product classes, together with motor, journey, private accident and property.

“Brokers play a pivotal position in democratising insurance coverage throughout Southeast Asia, as their human contact stays a potent power in insurance coverage gross sales. Ignite’s new emblem embodies our development and dedication to motion, and serves as a testomony in bridging gaps inside the insurance coverage worth chain in direction of the realisation of our mission of creating insurance coverage for all,” Raunak Mehta, co-founder and CEO mentioned

Nguyen Dieu Huyen, an insurance coverage agent utilizing Ignite in Vietnam, acknowledged: “With prospects turning into more and more digital, they’re beginning to contemplate shopping for insurance coverage on-line because of comfort—it’s simpler and sooner to get and there are simply extra merchandise to select from. Utilizing Ignite, we’re capable of equip ourselves with digital upskilling so we will do our work higher and faster so we will meet the rising demand of our prospects.”

RR Tri Rejeki, an Indonesian agent from Indonesia, added: “Our work entails face-to-face conferences with purchasers and this normally takes time as a result of site visitors jams are so dangerous. And this client-facing is only one side of our job, we have to attend to time-consuming processes for onboarding purchasers, claims settlement, appraisal, and extra.”

By the top of 2023, Igloo has the goal of launching Ignite in a number of markets and facilitating 50,000 brokers and a GWP of fifty instances that of 2022.

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