As part of ITC + DIA WordTour – Thailand stop, Theresa had a Fireside Chat with Chancharas Chantarakarn alias Khun Oil, the Country Head Thailand at Igloo. The Singaporean startup is expanding rapidly in Southeast Asia and Khun Oil is leading the Thailand office, securing partnerships with insurers and ecosystem players in the kingdom.
Thailand is an attractive market for foreign InsurTech promising strong market growth and support from the local regulator OIC. The OIC has launched the Center of InsurTech and a regulatory sandbox to support InsurTech initiatives.
Igloo has partnered with one of the leading telecommunication providers in Thailand to offer smartphone protection solutions to their customers. In September 2020, the startup launched PandaCare in partnership with FoodPanda Thailand. PandaCare will include motor insurance from MSIG Insurance, personal accident insurance from Cigna Insurance, and daily hospitalisation income protection from Tune Insurance.
Want to learn more about Igloo? Find our episode with Wei Zhu, the founder of Igloo here.