Fuse Appoints Ivan Sunandar as CEO, Focuses on Expansion in Southeast Asia and China

Startups insurtechFuse officially appointed Ivan Sunandar as the new Chief Executive Officer (CEO). Previously, Ivan served as the company's Chief Operation Officer (COO). Meanwhile, the previous CEO, Andy Yeung, now takes on the role of Chairman of the Board of Directors to lead the company's strategic direction.

Since joining in 2018, Ivan and Andy have worked together to develop the platform mobile devices The innovative Fuse, which is changing the way insurance agents sell products and introducing affordable microinsurance through E-commerce. This collaboration is claimed to have succeeded in making Fuse a leader insurtech in the Southeast Asian region.

"I am honored to lead Fuse at this important time. Together with the management team, we will continue to carry out our mission of leveraging cutting-edge technology to democratize insurance access in Southeast Asia," said Ivan in his official statement on Monday (23/9).

Andy, who is now focused on his strategic role as Chairman of the Board of Directors, expressed his confidence in Ivan. “Given my health condition, I have decided to step down from daily operations. I am confident that Ivan will be able to bring Fuse to greater growth and revolutionize the insurance ecosystem in Southeast Asia,” he said.

Vincent Chan joins as non-executive director

Fuse also announced the appointment of Vincent Chan as a Non-Executive Director. Vincent has over 30 years of experience in private equity in Asia and has invested in over 80 technology companies in the region. His experience is expected to help Fuse strengthen its position in Southeast Asia and expand its presence in the Greater China Bay Area.

“I am very excited to join the Fuse Board of Directors. The company has shown tremendous growth and I look forward to contributing to this successful journey,” said Vincent.

Founded in 2017, Fuse known as a pioneer in developing mobile technology platforms to distribute insurance products more efficiently. With more than 400 employees and 24 branch offices in Indonesia, Vietnam, and China, Fuse continues to strive to facilitate insurance access for the public through partnerships with local insurance companies and platforms. e-commerce.

The appointment of Ivan Sunandar and the joining of Vincent Chan are expected to strengthen the company's strategy in expanding its reach and influence in the industry. insurtech, both in Southeast Asia and other regions.

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Disclosure: This article was produced with AI technology and supervision of the content writer