Companies

Raunak Mehta, cofounder and CEO of Singapore-based insurance technology (insurtech) firm Igloo, spoke with The Jakarta Post's Ni Made Tasyarani on June 18 to explain how the company aims to bridge Indonesia's coverage gap and drive growth through partnerships with local companies and the use of artificial intelligence.

Raunak Mehta, cofounder and CEO of Singapore-based insurtech and infrastructure provider Igloo (Igloo/-)

Indonesia continues to face a persistent protection gap, with an insurance penetration rate of below 3 percent, leaving ample room for the industry to grow.Raunak Mehta, cofounder and CEO of Singapore-based insurance technology (insurtech) firm Igloo, spoke with The Jakarta Post's Ni Made Tasyarani on June 18 to explain how the company aims to bridge Indonesia's coverage gap and drive growth through partnerships with local companies and the use of artificial intelligence.

Question: Given Indonesia's insurance protection gap, what opportunities do you see in this market?