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Q&A with Igloo CEO Raunak Mehta: AI Drives Insurance Revenue Growth of Up to 50%
Insurance penetration across Southeast Asia still trails its fast-digitising middle class. In a Q&A with Bisnis Indonesia, Igloo Co-Founder and CEO Raunak Mehta said growth in Indonesia, Igloo’s largest market, comes only from products built around local risks, from weather index cover to protection for hacked e-wallets. “If you keep making the same products as existing insurers, I don’t think you will be able to capture the market,” he said.