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InsureMO & MoneyHero Group to create digital insurance platform in SEA

By Gloria Mathias

April 03, 2024

  • APAC Fintech solution
  • APAC news
  • Digital Insurance
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InsureMO, Digital Insurance, Insurance solutions, InsurTech Solutions, Fintech News, Fintech Solutions Greater Southeast Asia, Moneyhero Group, APAC News, APAC Fintech solution InsureMO has announced its strategic partnership with MoneyHero Limited to create the premiere digital insurance aggregation and comparison platform in Greater Southeast Asia.

InsureMO’s middleware platform has been seamlessly integrated into MoneyHero’s ecosystem, enabling consumers across Greater Southeast Asia to easily discover, compare, and purchase unbiased, transparent, and tailored insurance policies.

Through this collaboration, MoneyHero continues to strengthen its position as the premiere digital insurance aggregation and comparison platform in Greater Southeast Asia. As the FinTech sector continues to evolve, MoneyHero remains committed to delivering unmatched value and convenience to its users, driving innovation and growth in the region.

Rohith Murthy, CEO of MoneyHero Group, said, “Our strategy, favouring ‘buying over building’ the cutting-edge technology solutions to enhance our platform, accelerates our market entry and organisational learning. This approach has significantly contributed to the success of our end-to-end journeys. We are not just changing how insurance is bought and sold; we are redefining the customer experience altogether.”

InsureMO is proud to be a part of MoneyHero’s larger growth strategy, leveraging its solutions to efficiently bring new and enhanced products to users while unlocking growth opportunities.

Rajat Sharma, CRO at InsureMO, said, “MoneyHero stands as the trusted beacon for consumers navigating their personal insurance journeys in Southeast Asia. We are thrilled to bring our InsureMO technology to enrich the MoneyHero ecosystem and look forward to setting new benchmarks for the 3Vs (volume, variation, and velocity) of digital business across the globe.”

InsureMO’s mission is to help businesses create, connect, and innovate with insurance and protection products. With a track record of managing over 65 million policies within 24 hours and facilitating more than $25 billion in Gross Written Premium (GWP) through its cloud platform, it empowers insurers to transform their operations and deliver exceptional customer experiences.

InsureMO offers an extensive library of over 5000+ ready products, 2000+ insurance APIs, and 1000 non-insurance services, providing unmatched flexibility and customization options for our 500+ customers, including 300 global carriers.

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