News Technology25 Oct 2022

Indonesia:InsurTechs shape distribution channels in domestic insurance market

| 25 Oct 2022

Digitalisation through InsurTechs or traditional insurers' digital platforms will improve the insurance penetration rate in Indonesia, Fitch Ratings says in a new report. Penetration has been low with financial literacy and inclusion of insurance products improving only slightly in the past five years, according to a national survey.

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