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ASEAN BUSINESS
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NTUC Income ventures into Indonesia, Vietnam, Malaysia

It is teaming up with local partners to launch digital-first micro-insurance Droplet

Genevieve Cua

Genevieve Cua

Published Fri, Oct 29, 2021 · 05:50 AM
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Singapore

NTUC Income is making its first foray into 3 South-east Asian markets with the launch of digital-first micro-insurance Droplet.

Droplet is a first-of-its-kind micro-insurance that covers commuters against price surges on ride-hailing platforms on rainy days. It was first launched in Singapore in 2018 in response to a consumer pain point.

KEYWORDS IN THIS ARTICLE

Insurance
Ride-hailing

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