SG insurtech firm Igloo to expand SaaS arm to MENA

Igloo’s Tech Solutions unit licenses its distribution, product configuration and claims software to more than 10 insurers, banks and platforms across Asia, including Great Eastern in Indonesia and HSBC in Hong Kong. Tech in Asia reported that Igloo now plans to take the business beyond Southeast Asia into the Middle East and North Africa, targeting five-fold growth for the unit over the next two years.