Regional insurtech firm, Igloo, previously known as “Axinan“ announced a new partnership with digital payments service provider, Pine Labs on Thursday (16 December 2021). The partnership marks the extension of Igloo’s regional footprint in Malaysia followed by the appointment of Amitabh Singh as its Country Manager of Malaysia.
Pine Labs currently has over 246,000 merchants users in 3700 cities and towns across India and Malaysia.
Through the partnership, Pine Labs will offer shoppers hassle-free and easy mobile phone protection solutions under the IglooCare Program. The Mobile Phone 360 and Phone Screen Protection are currently available on Pine Labs’ platform.
The protection covers both repair and replacement of the gadget by up to 100% of the gadget retail price, offered through Igloo’s dedicated nationwide IglooCare repair and service network in Malaysia.
Meanwhile, as part of Igloo’s plan to extend its presence in Malaysia, Amitabh Singh is appointed as Country Manager for Igloo, Malaysia. He will be responsible for Igloo’s overall country operations across business development, partnerships, marketing and operations.
As a veteran with nearly two decades of experience in financial services, Amitabh Singh has held several leadership roles across Southeast Asia.
Moreover, Igloo is expanding its team in Malaysia and making key hires across Business Development, Operations, Customer service & Sales management.
Amitabh shared that the partnership marks a significant milestone in Igloo’s expansion in Malaysia.
We are happy to partner with Pine Labs to offer our best-in-class IglooCare phone protection solutions. Igloo aims to work with more local partners to provide protection platform solutions that are easy to purchase, affordable, and directly impact consumers’ daily lives. These lifestyle-focused solutions allow consumers to experience minimal disruption and financial loss to their daily lives – across multiple categories including Electronics & Durables, Health Benefits products, Lifestyle coverage and SME solutions – all of which are enabled through our technology platform.Amitabh Singh, Igloo Country Manager, Malaysia
On the other hand, Chayan Hazra, Head of Payment Business – APAC for Pine Labs said they are always striving to get the best products and services for their merchant partners. Thus, the company find Igloo as the best platform in terms of options and roll out flexibility.
Pine Labs has been at the forefront of technology in the payments solutions space across India and Southeast Asia. In Malaysia, we are expanding our footprint rapidly by entering into strategic alliances with leading banks and retail brands. We are very happy to be partnering with a technology platform like Igloo to enable us to expand protection offerings to our merchants.Chayan Hazra, Head of Payment Business – APAC for Pine Labs
Meanwhile, Igloo has established over 30 key partnerships in diverse industries to make protection products more accessible across the region this year.
The company also boasts several awards this year, including “Most Innovative InsurTech Company”, “2021 Inclusive Fintech 50” and “Insurtech Initiative of the Year – Singapore”.
For more information, please visit Igloo’s official website.