TLDR:
Key Points:
- Igloo partners with Zalopay, Lotte Finance, OPES, and FE Credit to expand insurance offerings in Vietnam.
- New insurance products tailored to the needs of tech-savvy Vietnamese individuals are introduced.
Igloo, Zalopay, Lotte Finance, OPES & FE Credit Expand Insurance Offering in Vietnam
By Gloria Mathias | April 26, 2024
Regional InsurTech Igloo has announced partnerships with finance solutions Zalopay, Lotte Finance, FE Credit and digital insurer OPES to expand insurance coverage to broader underinsured communities in Vietnam. These partnerships offer popular insurance products and introduce a new range of products tailored to safeguard the distinctive needs of modern, tech-savvy Vietnamese individuals.
In collaboration with Zalopay, Igloo offers Phone Screen Protection through Vietnam’s e-wallet network, boasting over 14 million regular users and a network of more than 30,000 merchant partners. With Lotte Finance, Igloo introduces Income Protection Insurance and Car Physical Damage products to address the economic downturn and provide comprehensive consumer protection.
Staying true to their mission of revolutionizing the insurance industry through technology, Igloo is dedicated to making insurance affordable and accessible to diverse Vietnamese communities, enhancing insurance awareness and penetration in the country.
As consumers in Vietnam increasingly favor modern technology equipment, the need to protect these assets and provide users with peace of mind is paramount. Through strategic partnerships and innovative products, Igloo is actively working to address these needs and ensure financial security for individuals in the region.