From delivery riders to MSMEs, Igloo aims to make insurance more accessible

Singapore

6 min read

Aug 30, 2021

By Putu Agung Wija Putera

Expanding from its origins in e-commerce insurance, Igloo seeks growth in credit insurance and income protection for middle-income groups in Southeast Asia

Food deliveries have become a source of comfort, and even a lifeline, for many people stuck at home owing to Covid-19 pandemic lockdowns. The fleets of gig workers who make these deliveries, however, are stretched thin and exposed to a greater risk of accidents or Covid-19 infection. Singapore-based insurtech startup Igloo, formerly known as Axinan, has launched new products to protect such gig workers from the financial risks related to these hazards.
Working with insurers such as MSIG and Cigna, Igloo is providing a bundle of insurance products for Foodpanda delivery riders in Thailand an...

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