It is costly to develop and sell insurance products in Indonesia: PasarPolis CEO

Southeast Asia’s insurance penetration is approximately 1.2-3.4 per cent of the GDP across the different countries (barring Singapore). Low insurance literacy level is one reason for this sluggish growth.  “Many people in the region aren’t aware of the importance of insurance and may have misconceptions about the industry,” said Cleosent Randing, Founder and CEO of […] The post It is costly to develop and sell insurance products in Indonesia: PasarPolis CEO appeared first on e27.