2024 trends transforming Southeast Asia’s insurance landscape
MANILA, Philippines, February 13, 2024—Southeast Asia’s insurance sector is undergoing a massive transformation to keep up with evolving market demands and maintain competitiveness. In the Philippines, where insurance penetration is at a mere 1.68%, the industry is grappling with persistent challenges such as complexities, outdated systems, and regulatory hurdles. However, amidst these obstacles, the industry […]
Shop Insured, Stay Assured as Igloo Protects Consumers this Online Shopping Season
With 11.11, Black Friday, and Cyber Monday coming up, consumers face increased exposure to fraud and other online shopping risks. As the shopping season begins, award-winning regional insurtech Igloo encourages safer online shopping experiences amidst rising cybersecurity threats in Southeast Asia. While retailers have been driving sales through in-store promotions, the rise of e-commerce also […]
From inconveniences to emergencies, here’s how Igloo’s seamless digital experience makes insurance claims easier and hassle-free
MANILA, PHILIPPINES – While we can’t always predict what lies ahead, having insurance coverage can provide a safety net when unexpected events occur. From delayed flights to medical emergencies, understanding the process of making insurance claims is essential for turning setbacks into manageable situations. With a goal of “Insurance for All”, Igloo has made it […]
Opening a business in the Philippines? Here’s what you need to know to get started
In the Philippines, micro, small, and medium enterprises (MSMEs) comprise 99.58% of all businesses in the country and employ 64.67% of the entire workforce and are the driving force of the economy. These businesses, which include small community stores or sari-sari stores, water refilling stations, laundry stations, and many others, not only contribute to the […]
Igloo protects Southeast Asia’s multi-billion dollar coffee industry
Following the success of its Weather Index Insurance for rice farmers launched inNovember 2022, Igloo expands its reach to coffee farmers in Vietnam and in other countries Regional insurtech Igloo expands its blockchain-based parametric index insurance to coffee farmers in Southeast Asia, showing commitment to covering more underinsured communities and industries after successful product implementation […]
Protecting your “budol” finds: How insurance plays a role in e-shopping
Filipinos love to shop online – as shown by a recent report by data and analytics firm GlobalData, nearly 90% of Filipino consumers have shopped online in the last six months. This has put the growth of the e-commerce market at 31.3% in 2022 and is expected to grow by 22.9% and reach a value […]
Igloo underscores importance of device and health protection for mobile gamers
Unleash your full gaming potential with Igloo’s device and health protection for mobile gamers Analysts predict that the worldwide eSports industry will increase from US$1.44 billion in 2022 to US$5.48 billion by 2029, a phenomenal increase. One of the nations where eSports are growing in popularity is the Philippines. The nation is home to some […]
