Singapore insurtech firm Igloo acquires Eazy Digital to strengthen regional push

As part of the deal, Eazy Digital's customers and its Thailand team will become part of Igloo. Eazy Digital founder Harprem Doowa will join Igloo as Country Head of Thailand and Head of Tech Solutions for the Asia-Pacific region.

This is Igloo's second major deal in Thailand in the past year. In 2025, the company partnered with JMT Network Services, a subsidiary of the Jaymart Group, to launch Thailand's first fully digital insurance company.

With these moves, Igloo is strengthening its presence in Thailand and expanding its insurance technology platform to support both insurers and businesses that sell insurance through digital channels.

Igloo currently operates in six Southeast Asian countries and has facilitated more than 1.6 billion insurance policies. It processes over 100 million policies every month through partnerships with more than 100 companies, including Chubb and MSIG. The company has also raised over $100 million from investors such as Eurazeo, Openspace Ventures, Cathay Innovation, and BlueOrchard.

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Founded in 2022, Eazy Digital helps insurance companies and brokers digitise their operations, manage agents, and improve sales through a single digital platform. Its technology complements Igloo Tech Solutions, Igloo's suite of products that supports the entire insurance value chain.

Eazy Digital serves customers including Marsh Taiwan, Bangkok Insurance, Falcon Insurance, Gallagher, Chubb, and Tokio Marine Safety Insurance (Thailand). The startup was also recognised as the Most Disruptive InsurTech in Thailand at the InsuranceAsia News Country Awards for Excellence in both 2024 and 2025.

“Thailand is one of Southeast Asia’s most dynamic insurance markets, and we have been deliberate about building a meaningful footprint here,” said Raunak Mehta, Co-Founder and CEO of Igloo. “Eazy Digital has built real traction with insurers and intermediaries in Asia, led by the strength of Harprem and his team. Acquiring the company gives partners across Asia immediate access to the full Igloo stack, and gives us the local presence, team, and leadership to serve this market at scale.”

“This is an opportunity for Eazy to take our platform’s success and amplify it with the resources, technology, and reach of one of Southeast Asia’s largest insurtechs. Igloo’s existing ambitions for growth in Tech Solutions completely align with what we believe the future of insurance in Thailand requires,” said Harprem Doowa, Country Head of Igloo Thailand and Head of Tech Solutions APAC.

Thailand's insurance industry is undergoing major changes under the country's 2026–2030 Insurance Development Plan, which aims to make insurance a key part of the nation's economic growth and financial security.

To reach more people with affordable insurance products, insurers need to launch new offerings quickly. However, many insurance companies in Thailand still rely on outdated systems, making it take three to six months to introduce a single product.

Igloo's technology is designed to solve this problem. Its AI-powered platform helps insurers launch new products in days instead of months by automating tasks such as product setup, underwriting, and claims processing. It also provides tools that make it easier for insurers to expand their distribution without investing in new technology.