Raunak Mehta, Igloo
Raunak Mehta, Igloo
23 March 2022
Mind Your Business: Insurtech startup Igloo raises US$19m in Series B round
Asia has one of the highest levels of underinsurance in the world. And according to a 2018 Lloyd’s report on underinsurance, it is such a huge problem that the insurance gap is estimated to be around US$134 billion. Raunak Mehta, Co-Founder & Chief Executive Officer, Igloo shares how the pandemic emphasised an even bigger need to bring insurance to a wider audience and how Igloo’s digital insurance products is making insurance more accessible for Southeast Asians.
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