Igloo Expands Into Life Insurance With Chubb Life Partnership in Vietnam and Indonesia

igloo chubb life partnership banner
  • Igloo’s Ignite platform and agency network will distribute Chubb Life’s health, life and critical illness products across two of Southeast Asia’s fastest-growing markets
  • Partnership marks Igloo’s expansion into life insurance category
  • Agents across both markets gain access to long-term protection products, expanding their earning potential and coverage for mass-market consumers

Singapore, 2 June, 2026 — Igloo, Southeast Asia’s only full-stack AI insurtech company building the operating system for insurance, today announced a strategic partnership with Chubb Life Insurance Vietnam Company Limited and PT Chubb Life Insurance Indonesia (jointly referred to as “Chubb Life”), to distribute insurance solutions across Vietnam and Indonesia through Ignite by Igloo, its insurance sales intermediary platform and network.

Through the partnership, Chubb Life’s portfolio of life, health, and critical illness products will be distributed through Ignite, Igloo’s AI-powered platform for insurance agents. Agents in both markets will gain access to long-term life insurance, critical illness cover, and health protection products, adding to the general insurance products currently distributed through the Ignite platform.

Ignite by Igloo currently operates an agency network across both markets and works with more than 40 insurer partners and over 75 distribution partners across the region. The platform automates the selling process, provides in-app training through its iLearn modules, and gives agents access to products from multiple insurer partners in a single interface. This partnership marks Igloo’s expansion from its predominantly general insurance portfolio into the life insurance segment, aligning with the company’s strategy to diversify into life and health product categories and deepen its role in closing the protection gap in Southeast Asia.

Life insurance penetration in Southeast Asia remains low. In Vietnam, life premiums represent approximately 1.3% of GDP, while in Indonesia, the figure sits at approximately 1% of GDP. Addressing this gap, the collaboration combines Chubb Life’s underwriting expertise and product design with Igloo’s on-the-ground agent network and digital distribution reach to make life insurance more accessible for individuals across both countries.

“This partnership with Chubb Life is a significant milestone in Igloo’s journey to become the operating system for insurance in Southeast Asia,” said Raunak Mehta, CEO of Igloo. “By combining Chubb Life’s premium insurance solutions with Igloo’s technology and agency platform, we are enabling agents in Vietnam and Indonesia to offer life, health, and critical illness coverage in ways that are convenient, affordable, and relevant to their customers.

“Our aggressive AI-native drive will also see AI applied across the entire agency management cycle, simplifying onboarding, learning and selling agency teams.”

The partnership demonstrates Igloo’s role as a technology infrastructure provider of choice for global insurers seeking to reach mass-market consumers in Southeast Asia. For Chubb Life, the collaboration offers access to Igloo’s on-the-ground agency capabilities and digital distribution network in Vietnam and Indonesia, enabling the company to provide expanded access to insurance solutions for individuals and families in these markets. This approach supports Chubb Life’s commitment to making quality life and health insurance more accessible and relevant to customers, wherever they are.

Sang Lee, President of Chubb Life Southeast Asia and New Zealand, and Country President of Chubb Life Vietnam, said, “Vietnam and Indonesia are home to millions of families seeking greater financial security and access to quality health protection. By partnering with Igloo and leveraging the Ignite platform, we can deliver Chubb Life’s trusted life, health, and critical illness solutions to people where and how they need them. This collaboration enables us to support customers at every stage of life, helping them protect what matters most and plan confidently for the future.”

The parties will commence rollout activities from June this year, with further details on product launches and local initiatives to be announced at a later stage.

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About Igloo

Igloo is the operating system for insurance in Southeast Asia. Headquartered in Singapore with operations across Indonesia, the Philippines, Thailand, Vietnam, and Malaysia, and technology centres in China and India, Igloo provides the AI-powered infrastructure that enables insurers, platforms, and financial institutions to build, distribute, and manage insurance products digitally.

The company’s proprietary platform processes over 100 million policies per month and automates the full insurance value chain, from product configuration and underwriting to claims adjudication and financial reconciliation. Through Igloo Tech Solutions, the company licenses its modular technology stack to insurers and enterprises, compressing product launch cycles from months to days.

With over 1.6 billion cumulative policies facilitated, partnerships with Shopee Lazada, Tokopedia, GCash, Telkomsel, and 100+ commercial and insurer partners, Igloo is building the operating system for the future of insurance.

Igloo has raised over US$100 million in funding from investors including Eurazeo, Openspace Ventures, Tokio Marine, Cathay Innovation, and BlueOrchard. The company has been named Insurtech of the Year at the Asia Fintech Awards in 2023 and 2024, and won twin Insurance Asia Awards in 2025.

Media contact

ACID for Igloo
igloo@acidcomms.com

About Chubb

Chubb is a world leader in insurance. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. The company is defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb employs approximately 45,000 people worldwide. Additional information can be found at: www.chubb.com

About Chubb Life Indonesia

PT Chubb Life Insurance Indonesia (Chubb Life Indonesia) is an insurance company established under the laws of Indonesia. PT Chubb Life Insurance Indonesia is licensed and supervised by the Financial Services Authority (OJK) in Indonesia.

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Igloo Expands Into Life Insurance With Chubb Life Partnership in Vietnam and Indonesia

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