PasarPolis and its Focus on Product Growth and Innovation

After 2018 last service insurtech PasarPolis receive fresh funds Series A from Go-Jek, Tokopedia, and Traveloka with an undisclosed value, the company is reportedly in talks with the International Finance Corporation (IFC) for the next funding. When asked about the truth of the news, Cleosent Randing as founder give clarification to DailySocial.

"We do not comment on speculation. We continue to receive offers from the best investors from home and abroad. We are always open to those who have one vision to democratize insurance for all through technology," said Cleosent.

Present in 2015, now PasarPolis claims to continue to improve with double digit growth Every month. The company has also developed many new breakthroughs such as cooperation with Gojek in developing insurance in Gojek through Go-Sure, and developing new products such as cracked screen protection using the patented QR code technology. Previously they had also launched expansion to Thailand and Vietnam.

"In the midst of the Covid-19 pandemic, we also launched many products that protect the wider community," said Cleosent.

The current spread of Covid-19 is claimed not to have much effect on the business of PasarPolis. Although some businesses in the transportation sector has decreased in terms of traffic. It is said that this can be resolved by PasarPolis with the diversification of products to health. For example, which is actually growing very rapidly at this time and also with many businesses from several industry segments outside of transportation.

"To date we have cooperated with more than 30 partners, almost all of them are leader in their respective industries, such as Gojek di ride hailing, Tokopedia at service E-commerce. In 2019 PasarPolis every month protects and issues more than 50 million insurance policies," said Cleosent.

Plan PasarPolis after the pandemic

Although the Covid-19 pandemic is still ongoing, it is predicted that now and in the future new habits will form among people who prefer and buy insurance products online. online.

With the platform insurtech as PasarPolis who actively continues to increase literacy on the importance of insurance, hopes to increase public awareness in the future about the importance of insurance that can be obtained very easily and is also affordable. Leveraging platforms like PasarPolis which provides access and convenience in providing insurance much easier via digital.

"We see that after the Covid-19 pandemic is over, new habits will form 'new normal' where digital insurance purchases continue to increase. Due to lower distribution costs so consumers can get value Moreover, this pandemic certainly provides a lesson for all of us how important it is to maintain health," said Cleosent.