Supported by major insurers and backed by Indonesia’s largest unicorns, PasarPolis targets the underserved market for affordable personal insurance coverage.
Why
Complicated insurance purchase process
Buying insurance is often a manual process involving complicated forms and complying with multiple requirements.
Underserved low-income segment
Few insurance products in the market cater to the low-income population.
Market
IDR 167tn
Total income derived from premiums by insurance companies in Indonesia in 2016. The sector is supported by growing incomes and a government-backed universal insurance program.
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