About Igloo
Leading full-stack insurtech in Southeast Asia with multiple verticals in all key SEA markets
We’re a full-stack insurtech firm
Who is Igloo?- “What about the people who can’t afford insurance?”
- "Why do people find it hard to trust insurers?”
- “Can buying insurance be less painful?”
These were the questions that led to the start of Igloo (formerly Axinan), Southeast Asia’s leading full-stack insurtech firm. 500 million policies facilitated later, we’re still driven by the same mission: to make insurance accessible and affordable using data and tech. In other words, Insurance for All.
We’re a Singapore-headquartered full-stack insurtech firm. With a vision of making insurance accessible for all, we provide people-first insurance solutions that are simple, painless and honest. We leverage big data, real-time risk assessment, and end-to-end automated claims management to create insurance solutions for platforms and insurance companies.
We currently have offices in eight countries across Southeast Asia, with expertise and capabilities spanning actuarial, commercial, product, marketing and operations.
policies facilitated
devices insured
credit life policies insured
women supported
hectares of farmland protected by Igloo's weather index solution
SMEs covered
Insurance for all
Our commitment- Vision
Insurance for all
We want to give people the freedom to pursue what truly matters in their lives and the confidence to take risks. Because people understand that they are covered by insurance.
- Mission
Making insurance accessible and affordable using data and tech
We exist to give people the insurance that they deserve. Insurance that’s simple to use, painless and honest. Insurance that’s people-first.
Igloo is diversified across four main distribution channels
Partnerships
We work with partners to embed and distribute relevant insurance products bundled within their goods and services during the user journey.
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Direct-to-consumer
We offer insurance products directly to consumers in markets where we have a licence to sell insurance products.
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Sales intermediaries
Ignite digital platform for sales intermediaries to sell products to their network.
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Brokerage
Igloo acts as an intermediary channel to sell corporate policies to companies.
Igloo is a digital-native company with a flexible, modular, and user-oriented product & tech offering
Digital-native
Igloo is a digital-native company with a flexible, modular, and user-oriented product & tech offering
Data driven
We leverage big data, machine learning and AI to power deep learning technologies that create superior products and delightful user experiences.
Full-stackFull-stack
We are one of the few truly full-stack insurtechs in the Southeast Asia region with everything done inhouse
Established distributionEstablished distribution
Having facilitated half a billion policies since 2019 across 55+ partners in 6 markets and 4 main distribution channels, we have deep expertise, experience and foothold in the industry.
How Igloo has grown over the years
Our milestonesGet latest insurtech updates right in your inbox
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We’re always looking out for talented individuals to join us in our vision to provide Insurance for All.
We have roles spanning actuarial, commercial, product, marketing and operations across our six offices regionally.
Igloo’s B2B2C business works with some of the biggest consumer companies in SEA
As featured on
Igloo is the only insurtech with multiple verticals in all key markets in Southeast Asia
We work with over 70 insurance and distribution partners across 6 markets in Asia in industries such as e-commerce, telecommunications, banking, insurance, lifestyle, consumer finance and logistics to deliver over 15 product lines in the region.
Igloo has a seasoned management team with a diverse set of experiences
Our leadershipWei Zhu
Co-FounderOur intrepid leader and insurtech evangelist, Wei brings over 20 years of experience working with the top dogs of the tech world. Formerly CTO of Grab, he was part of Facebook’s pioneer engineering team and spent 8-years with Microsoft prior to that. He’s partial to the occasional game of pool.
Raunak Mehta
Co-Founder & CEORaunak has extensive experience in the e-commerce and technology space, having held leadership roles at Asia’s biggest e-commerce brands Flipkart and Zalora. Since joining Igloo, he has spearheaded its market entry into the Philippines, Vietnam, Thailand, Indonesia, and Malaysia.
Roshan Mahtani
Chief Financial OfficerResponsible for everything to do with fundraising and keeping our investors happy. A former M&A banker at BDA Partners, KPMG Corporate Finance and Greif & Co.
LiLiang Zhu
Chief Technology OfficerLiLiang brings along with him over 20 years of experience in global fintech businesses, especially in the space of insurtech and payment.
Wilson Tseng
Chief Business OfficerEcommerce vet and former Alibaba and Grab exec Wilson is responsible for driving Igloo’s commercial strategy, identifying and developing new growth opportunities and revenue streams.
Dr Jack Xia
Chief ActuaryResponsible for managing risk with some help from machine learning and predictive modelling. A fellow of the Society of Actuaries and Chartered Enterprise Risk Analyst.
John Chen
Country Manager, ThailandA true citizen of the world who has seen stints in the Middle East, India, Turkey, Germany and more, John brings over 15 years of experience in mobile comms, computer hardware and e-commerce with brands like Lazada, Xiaomi and Asus.
Viren Doshi
Country Manager, MalaysiaViren brings over 10 years of experience in transport and tourism, having spearheaded digital solutions, product delivery, and client/partner engagement as COO at TUI Group with reputable airlines.
Rien Hermans
Group Head of InsuranceCountry Manager, Philippines
Rien brings close to 30 years of industry expertise and leadership chops honed at ING, AXA and Singlife.
Backed by a reputable global investor base
Our investors