The who’s who of insurtech in SEA

The who’s who of insurtech in SEA 1

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Hello there ,

Working on an industry landscape map is pretty straightforward: We track fundraising data and often get enough information from secondary research.

What made our piece on insurtech firms more challenging was figuring out if these startups are still in business – those who successfully raise funds make big announcements, but those going out of business generally don’t. Figuring this out involves a fair bit of stalking: When was a company’s website last updated? What do the founders’ and employees’ LinkedIn profiles say? What year was the company last mentioned in the news?

Inevitably, we do miss out on some names when writing these landscape maps. For days after an article is published, we receive emails from founders and companies who were not mentioned.

These maps are not perfect, but we hope that you find them useful and informative.

— Simon Huang, journalist at Tech in Asia




The who’s who of insurtech in SEA 2

1. SEA’s leading insurtech players In many Southeast Asian countries including Vietnam, Indonesia, and the Philippines, insurance penetration remains significantly low.

2. A new breed of VC limited partners in SEA: startup founders Founders-turned-angel-investors are nothing new, but Southeast Asian VCs are providing a convenient way to go to the next level.

3. Why was Paytm’s market debut a flop? The IPO was touted as India’s biggest listing, but it lost US$900 million in two days.

4. Bukalapak’s financial performance in 8 charts We analyze the financial figures reported by Bukalapak, Indonesia’s first unicorn to go public.

5. The next phase of SEA ecommerce: niche ‘super-verticals’ While large marketplaces continue to be dominant, smaller niche players are making their mark.

6. Visual: How Traveloka expanded beyond travel One of the firm’s notable new services is Traveloka Eats, an expansion of its restaurant directory feature.

7. A list of India’s unicorns and their early investors (Updated) Tech in Asia has created a comprehensive list of startups in India that have hit a valuation of US$1 billion.

8. Mapping Indonesian conglomerates’ tech activities For decades, Indonesia’s largest corporations have survived by adapting to changing circumstances. Now, with the advent of tech, they must transform again.

9. The enigmatic unicorn behind BNPL firm Atome Advance Intelligence Group has quietly grown in six years, and its headcount now stands at 1,500. We unpack what makes the Singapore-headquartered firm tick.

10. After OJK ban, Indonesian crypto exchange delists Vidy, VidyX coins Indodax, an Indonesian cryptocurrency exchange, said it will delist cryptocurrency assets Vidy and VidyX on November 30, following requests from the country’s Financial Services Authority (OJK).




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Data Analyst at Yojee
Singapore, Singapore


Senior Software Engineer at Dropsuite
Bandung, Java, Indonesia


Technical Lead at TIXid
Jakarta, Indonesia


Android Developer at Mekari (PT. Mid Solusi Nusantara)
Jakarta, Indonesia


Creative Graphic Designer at Redwoods Digital
Tangerang, Indonesia


Marketing Manager at HZN
Tangerang, Indonesia


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The who’s who of insurtech in SEA 3

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