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ASEAN BUSINESS

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 Thu, Oct 28, 2021 · 09:50 PM

    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.

    NTUCInsuranceRide-hailing

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