Singapore-headquartered regional InsurTech Igloo has announced that it has expanded its digital platform, Ignite, to the Philippines.
Ignite, launched in early 2022, helps sales intermediaries sell easier, faster, and more effectively, says Igloo. The app has been launched in Vietnam and Indonesia.
Last year, Ignite was expanded from nine to 20 advanced tools to enhance usability and boost productivity for sales intermediaries. This has resulted in an over 95% satisfied-to-neutral satisfaction rate, with partners citing its “straightforward registration process”, “good coverage of insurance products” and “simple quote and application process” as features driving useability, says Igloo in a statement.
Moreover, a survey by tech-powered impact measurement company 60 Decibels of 305 sales intermediaries saw close to 60% of respondents reporting that their income has increased since becoming an Ignite partner; 76% of Ignite sales intermediaries report learning useful skills; and 73% have acquired opportunities to advance in their current roles.
Ignite has also introduced a new iLearn feature – where individuals are able to access training content in various formats – pdf documents, infographics, videos, quizzes – to enhance their insurance product knowledge and selling skills.
Mr Raunak Mehta, co-founder and CEO of Igloo, said, “Our 73.5% satisfaction rate amongst our sales intermediaries is very encouraging for us, just two years in, and we are committed to ensuring we provide them with the right tools and training to help them succeed.”
Igloo has also launched a new Ignite microsite with content to aid recruitment, providing relevant content for individuals who want to pursue full-time or part-time careers in insurance sales. Ignite is also available as a white-label solution to insurers who want to digitise their sales activities and processes.
Igloo has offices in Singapore, Indonesia, Thailand, the Philippines, Vietnam and Malaysia and tech centres in China and India. It says that it has partnered with over 75 well-known brand names across the various markets and verticals, including insurance, telecommunications, e-commerce, hospitality, HealthTech, and financial services.
Source: asiainsurancereview.com
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