- Following a successful B+ funding round, Igloo announced the appointment of former Tech VP LiLiang Zhu as Chief Technology officer, to strengthen the firm’s tech capabilities and product innovation
- Zhu will lead Igloo’s tech and innovation Strategy and oversee the growth and operations of the firm’s tech hubs in Chengdu, China, and Pune, India.
- Igloo also onboard Sanjiv Shah as Head of Product for Consumer and Astha Desai as Head of Product for Intermediary Platform Services (IPS) to drive the growth of the firm’s B2C and IPS offerings.
SINGAPORE, 31 January 2023 – Following a successful series B+ funding round, regional insurtech firm Igloo announced the appointment of Liliang Zhu as Chief Technology Officer. Zhu will be responsible for strengthening the firm’s tech capabilities and product innovation as it expands insurance offerings across key markets. Managing over 70 engineers and developers, Zhu will lead Igloo’s tech and innovation strategy and oversee the growth and operations of its tech hubs in Chengdu, China, and Pune, India.
“Igloo has always been focused on using technology to make insurance more affordable and accessible, particularly for underserved segments,” shared Raunak Mehta, co-Founder and CEO at Igloo. “Liliang’s appointment comes at an opportune time – where we are primed to cement our position as a leading regional insurtech. We are confident that Zhu’s leadership and expertise, together with our newly appointed product leaders, will elevate our current capabilities as we introduce more innovative digital insurance products and solutions for consumers in the region.”
Zhu is a senior architect and product development leader with over 20 years of experience building scalable and efficient cloud solutions for the insurance industry. Before joining Igloo, Zhu led the development and optimization of ZA Tech’s digital insurance solutions as Vice President of Engineering and held senior leadership roles at Ant Financial and eBaoTech Corporation.
“As Chief Technology Officer, I have the opportunity to work with our leadership team and lead our tech team of engineers and developers” shared Liliang Zhu, Chief Technology Officer at Igloo. “Seeing Igloo’s commitment to helping underserved communities, I look forward to contributing my experience and expertise in implementing tech and innovation strategies to help achieve our mission of insurance for all.”
Joining Igloo as well are Sanjiv Shah as Head of Product for Consumer and Astha Desai as Head of Product for Intermediary Platform Services (IPS), who will both drive the growth and product strategy of these respective business lines.
Shah, who brings over 15 years of experience in product management, user testing and product innovation, will lead Igloo’s B2C team in allowing consumers across the region to buy insurance directly through Igloo’s platform. Before joining Igloo, he was a product manager for Qantas, MoneySmart Group, and Gotrade (YC S19), where he focused on driving growth and improving the customer experience to increase engagement.
Desai brings in over 16 years of deep product experience and expertise in the insurance industry, driving automation of sales, innovation and distribution for insurers such as Prudential Life Insurance Company Limited and AIA. As Head of Product for IPS, she will lead the growth and product strategy of Ignite by Igloo, the firm’s AI-powered digital solution for insurance sales intermediaries, and spearhead its launch into new markets.
Igloo has facilitated over 300 million digital insurance policies in Singapore, Indonesia, Vietnam, the Philippines, Malaysia, and Thailand. Last year, the firm introduced the first blockchain-based Weather Index Insurance in Vietnam, to protect vulnerable rice farming communities.
Learn more about Igloo by visiting its website https://iglooinsure.com.
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About Igloo:
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 in China and India. 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 55 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/.
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