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IFC invests 5 million USD in PasarPolis

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Magazine Issue: 
2021, a transitional year for insurers [3]
Magazine date: 
Feb 2021

IFCThe International Finance Corporation (IFC), a member of the World Bank, has invested 5 million USD in PasarPolis, an assurtech [4] based in Indonesia.

This contribution will allow PasarPolis to develop microinsurance products and to participate in the popularization of insurance in a country with a population of nearly 270 million people.

The insurance penetration rate in Indonesia is less than 2%.

Mon, 08/02/2021 - 14:53

Source URL: https://www.atlas-mag.net/en/article/ifc-invests-5-million-usd-in-pasarpolis

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[3] https://www.atlas-mag.net/en/issue/2021-a-transition-year-for-insurers
[4] https://www.atlas-mag.net/en/article/what-is-insurtech