Igloo, founded in 2016, is a Singapore-based insurtech startup on a mission to make insurance affordable and accessible for all, transcending socio-economic barriers. Their tagline, "Igloo aims to provide affordable and accessible insurance to everyone regardless of their socio-economic status," encapsulates this vision.
As a full stack insurtech company, Igloo leverages advanced technologies like big data and real-time risk assessment. Their effective use of end-to-end automated claims management helps deliver innovative B2B2C insurance solutions, catering primarily to platform partners and insurers. By doing so, Igloo helps companies mitigate operational risks, create new revenue streams, and refine existing offerings.
The company operates within the realms of AI, Financial Services, Fintech, Insurance, and Insurtech. It recently secured a significant $36.00M Series C investment on 04 December 2023 from notable investors including Openspace Ventures, Euazeo, and Lamaison Partners.