Igloo and Dana launch parametric weather insurance in Indonesia

Singapore-based insurtech company Igloo has partnered with Indonesian payments platform Dana to roll out a parametric weather insurance product in Indonesia. The product has been integrated into Dana’s QRIS payment flow, according to Techub, which cited Tech in Asia. The update points to a tie-up between an insurance technology provider and a local payments platform, with distribution built directly into an existing payment process. No further product details were disclosed in the source material.