JAKARTA, 7 APRIL, 2022 – Indonesia’s leading e-wallet DANA today announced that it is expanding its offerings by providing its users insurance protection against health risk from gaming, in cooperation with Singapore-headquartered regional insurtech Igloo. Together with Igloo, DANA introduces its second insurance product, Gamer’s Protection, for avid video gamers in Indonesia who worry about health risks associated with gaming. The offering comes shortly after the launch of Electronic Gadget Insurance, launched by DANA and Igloo in October 2021.
Underwritten by Jagadiri (PT Central Asia Financial), plans start from as low as Rp1,000 and with the benefit to a maximum of Rp1,000,000 for cardiac arrest or carpal tunnel syndrome diseases. Users can purchase the protection for themselves or their children in the DANA app by doing these simple steps: Tap DANA Siaga on the All Services menu, then choose Proteksi Kesehatan Gamers and tap the Buy Now button. Once done, they have to select the plan that suits their lifestyle, fill in their data & finally, tap Pay on the payment page.
DANA’s successful collaboration with Igloo is evident by the high acceptance of the Electronic Gadget Insurance by the users due to the intuitive and simplicity of the user experience, affordable pricing as well as the benefit it provides. Accompanied by a reliable technical and operational team, makes it the obvious choice to further strengthen this collaboration this round to provide better market-fit insurance products to DANA users.
“We are happy to work with DANA again to offer insurance protection to mobile phone users. This is in line with our commitment to driving digital adoption of financial services amongst Indonesian customers and we look forward to adding more insurance solutions through the partnership. During the pandemic, we have seen the gaming community grow and Indonesians are now spending more time on their mobile phones. On average, Indonesians devote approximately 8.5 hours per week to gaming. In the long run, this can lead to health problems such as carpal tunnel,” said Novasta Novasta, Country Manager of Igloo in Indonesia.
In line with Igloo, Rangga Wiseno, Chief of Product DANA Indonesia added that this new protection is also in line with DANA’s commitment to continuously update and improve the user experience of digital transactions through the DANA app. “We are aware that the game is growing rapidly, even contributing to the creative economy sub-sector in the country. Therefore, we are not only focusing on providing easy digital transactions for game purchases, but we are also taking part in protecting gamers from health risks from gaming by providing insurance available on Igloo,” said Rangga.
Mobile games have gained more popularity over the years, not least during the Covid-19 lockdowns. The gaming industry in Indonesia continues to grow and recorded total sales of US$1.92 billion in 2021. Today, there are over 116 million gamers in Indonesia, out of which 114 million play on their mobile devices.
The initiative aims to strengthen Igloo’s presence in providing affordable and accessible insurance for the masses by working with partners from diverse verticals in Indonesia. Igloo continues to secure partnerships with industries that range across e-commerce, e-wallet, medtech, logistics, automobiles, transportation, telecommunication, banking, travel and hospitality, as well as the gig economy.
In Indonesia, aside from DANA, Igloo has partnered with the country’s largest e-logistics platforms, Ritase, e-commerce company Bukalapak, home and business appliances solution provider Modena and freight logistics marketplace Kargo Technologies. Regionally, Igloo also works with food delivery company foodpanda, SEA’s leading e-commerce platform Shopee, and on-demand and hotel management platform RedDoorz.
DANA is a digital wallet service by PT Espay Debit Indonesia Koe, an Indonesian startup company in the financial technology sector paving the way towards an advanced infrastructure which makes it possible to complete payments and transactions without cash, without card. Born and raised in Indonesia, DANA takes pride in its local creative talents and programmers who have tirelessly worked to build and develop DANA from the ground up. In addition to its availability on iOS and Android, DANA is integrated with various merchants and renowned applications as payment solution, both online and offline. #DANASahabatUMKM reflects DANA’s initiative to support the digitalization of Indonesian micro, small, and medium enterprises (MSMEs) through the platform DANA Bisnis.
Igloo is the first full-stack insurtech firm to emerge from Singapore. It has offices in Singapore, Indonesia, Thailand, the Philippines, Vietnam and Malaysia and tech centres are located in China. With a mission of making insurance accessible for all, the firm leverages big data, real-time risk assessment, and end-to-end automated claims management to create B2B2C insurance solutions for platform companies and insurance companies. Igloo’s insurance solutions enable companies to eliminate their exposure to operational risk, create new revenue streams, and optimise and enhance existing products and services. Igloo has partnered with over 50 well-known brand names across the markets in various verticals, including insurance, telecommunications, e-commerce, hospitality, health tech and financial services.
For more information, please visit https://iglooinsure.com/