AI to bridge insurance gap in Indonesia, Igloo says

Raunak Mehta, Co-Founder and CEO of Igloo, was featured in The Jakarta Post's executive column exploring how the Singapore-based insurtech is closing Indonesia's insurance protection gap through AI and strategic distribution partnerships. The interview examined Indonesia's sub-3% insurance penetration despite 80% digital adoption, Igloo's partnerships with Telkomsel, DANA, TikTok and Tokopedia, and how the company's early investment in AI is driving 50 to 60% year-on-year growth alongside significant operating leverage.