InsuResilience Fund led a $27m funding round in Igloo.

InsuResilience Fund, an investment firm, led a $27m funding round in Igloo, an operator of a full-stack insurance technology company, with participation from Women’s World Banking Asset Management, FinnFund, La Maison and Cathay Innovation. Igloo develops its insurance products and then partners with insurers who underwrite their policies. Igloo currently works with 20 global, regional and local insurers across Southeast Asia. It distributes its insurance products through partnerships, and is partnered with over 55 companies in seven countries. It now offers 15 products, including policies for gig workers, gamers, cars and farmers in Vietnam, and says it has facilitated more than 300m policies and increased gross written premiums by 30 times since 2019.