Fireside Chat with Chancharas Chantarakarn – Igloo Thailand

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Theresa is the founder of the Asia InsurTech Podcast and a Thought Leader on innovation in insurance in Asia. She has worked for ten years for leading multinational insurers in Europe and Asia before turning to management consulting and venture building with the goal of transforming the insurance industry and helping shape its future in the region.

Chancharas Chantarakarn (Khun Oil) is the Country Manager in Thailand for ​Igloo, a Southeast-Asian focused and Singapore-headquartered full-stack insurtech firm that enables smart, digital insurance for the Internet economy. She has more than 10 years of experience in management consulting, strategy and business development in Southeast Asia and the Americas. Passionate about international business expansion, Khun Oil brings strategic ideas to actualization by adopting a global perspective. Before joining Igloo, she was a Country Manager of another Southeast Asian insurtech firm in Thailand. Since joining Igloo, Khun Oil has accelerated the growth of the insurtech by securing partnerships with large and well-known telecommunication and food delivery companies, while bringing about innovation in the motor insurance space. Her vision is to change the world of Thai insurance industry to seamless end to end customer journey and personalize premium based on behavior level. Khun Oil holds a BBA in Finance and Banking from Chulalongkorn University and an MBA in Global Management from Thunderbird School of Global Management.

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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.

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