Best InsurTech Companies in Indonesia
The 37 best InsurTech companies in Indonesia in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Qoala.
- Top Insurtech Companies
- InsurTech Market Set for 35% CAGR Surge in 2024-30 Outlook
Our analysis of 50 InsurTech companies
$13.8b in tracked funding; 100% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best InsurTech companies in Indonesia
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Qoala Provider of digital insurance products for health life and vehicles | $134M | 29 mo ago | Series C | Tommy Martin Co-Founder | 2018 | SentryNode.jsVue.js+24 | — |
| 2 | PasarPolis Online insurance comparison platform for individuals | $59M | 12 mo ago | Series B | Cleosent Randing Co-Founder | 2015 | SentryJavaGoogle Cloud+14 | — |
| 3 | Fuse Insurance quoting software for the insurance industry | $50M | 57 mo ago | Series B | — | 2017 | WordPressMySQLPHP+21 | — |
| 4 | Lifepal Insurance Comparison Platform | $12M | 60 mo ago | Acquired | — | 2018 | SentryZendeskTypeScript+26 | — |
| 5 | Rey App & cloud-based life and health insurance platform for individuals and businesses | $8M | 23 mo ago | Seed | Evan Tanotogono Co-Founder & CEO | 2021 | Node.jsMUIReact+15 | — |
| 6 | Bang Jamin AI and app-powered insurance purchase and claims services provider | $6M | 14 mo ago | Seed | Morgan Andre Barry Co-Founder & CPO | 2022 | Node.jsTailwind CSSReact+14 | — |
| 7 | ShareLock Cloud based file sharing and storing | $5M | 59 mo ago | Seed | Nicolas Louvet Co-founder & Chairman | 2014 | Webflow EcommerceWebflowApple iCloud Mail+24 | 1 partnership |
| 8 | tanamduit Financial planning & advisory platform for individuals | $3M | 96 mo ago | Seed | Muhammad Hanif Co-Founder | 2015 | WordPressMySQLPHP+16 | — |
| 9 | Cermati Comparison platform for financial products | $3M | 64 mo ago | Series C | Carlo Gandasubrata Co-Founder | 2014 | WordPressMySQLPHP+36 | — |
| 10 | Aman Provider of an employee health benefits platform | $1M | 52 mo ago | Seed | Steven Aman Co-Founder | 2020 | Node.jsTailwind CSSReact+13 | — |
| 11 | CareNow Provider of health insurance business solution services | $150K | 42 mo ago | Seed | Indra Tjhai Co-Founder & CTO | 2022 | Node.jsChakra UIYouTube+19 | — |
| 12 | Aigis Health benefits insurance solutions for the employees | $125K | 54 mo ago | Seed | Reinhart Hermanus Co-Founder & CEO | 2021 | — | — |
Top 12 InsurTech companies in Indonesia
#1
Series B · Jakarta, Jakarta · founded 2015 · 289 employees$59Mraised▾
Pasarpolis provides online insurance comparison platform for individuals. It offers quotes for cellphone screen insurance and health insurance. It features coverage against damage, theft and more for cellphone screen. Its health insurance coverage includes treatment, surgery, medication and more. It also offers claims processing services.
- Sep 2025Series B$5M
- Sep 2023Series B$12M
- Feb 2021Series B$5M
- Sep 2020Series B$54M
#2
Seed · Jakarta, Jakarta · founded 2022 · 14 employees$6Mraised▾
AI and app-powered insurance purchase and claims services provider. It offers general insurance sales and service management to increase productivity. Its features include prospecting, ordering, payment, e-policy issuance, renewal management reporting, and monitoring claims. Its application is available on the Android platform.
- Jul 2025Seed$4M
- Mar 2023Seed$2M
#3
Series C · Jakarta, Jakarta · founded 2018 · 369 employees$134.5Mraised▾
Provider of digital insurance products for health life and vehicles. This entity facilitates the online purchase and management of various protection policies. Offerings include coverage for medical expenses, life protection, and damage protection for motor vehicles. Users access these insurance products through a digital interface to compare options and manage policy details.
- Mar 2024Series C$47M
- Dec 2023Series B—
- Jan 2023Series B$7.5M
- May 2022Series B$65M
#4
Seed · Jakarta, Jakarta · founded 2021 · 118 employees$7.7Mraised▾
App & cloud-based life and health insurance platform for individuals and businesses. It offers solutions for critical illness insurance, lab test coverage, medical coverage, and more. It also offers claim assistance solutions. The app is available for the Android platform.
- Oct 2024Seed$3.5M
- Aug 2023Grant (prize money)—
- Jul 2022Seed$4.2M
- Sep 2021Seed$1M
#5
Series B · West Jakarta, Jakarta · founded 2017 · 272 employees$50Mraised▾
Insurance quoting software for the insurance industry. It provides insurance selling solutions for insurance agents and insurers by connecting multiple insurance providers within the platform. It offers insurance policies for car, travel, life, motorcycle, health, property, and others.
- Dec 2021Series B$25M
- Aug 2021Series B$25M
- Oct 2019Series A—
#6
Acquired · Jakarta, Jakarta · founded 2018 · 206 employees$12Mraised▾
Insurance Comparison Platform that helps customers compare and buy insurance policies online. It has collaborated with a number of insurance companies in Indonesia to present a selection of health insurance products, life insurance (including being able to be used for education insurance ), motorcycle insurance, and the best car insurance and sharia insurance.
- Aug 2021Series A$9M
- Mar 2019Seed—
#7
Seed · Jakarta, Indonesia · founded 2014 · 26 employees$4.7Mraised▾
Sharelock is an Indonesian company which provides its users with a cloud based file storing and sharing facility. Users get upto 5GB of cloud storage free. It secures the files by means of encryption.
- Sep 2021Seed$4.7M
#8
Series C · Jakarta, Indonesia · founded 2014 · 382 employees$2.9Mraised▾
Cermati provides a comparison platform for financial products. It offers comparisons for loans such as personal & home loans, insurance such as car & health insurance, credit cards, savings accounts, and more. It also provides an app-based platform for making utility bill payments. App is available on Android devices.
- May 2021Series C—
- Sep 2018Series B—
- Nov 2017Series A$1M
- Feb 2017Series A—
#9
Seed · Jakarta, Jakarta · founded 2020$1.2Mraised▾
Provider of an employee health benefits platform. The platform enables users to find high-quality employee benefits at an affordable price, benefit-related queries, track claim status, and automated reporting.
- May 2022Seed$1.2M
#10
Seed · Jakarta, Jakarta · founded 2015 · 35 employees$3Mraised▾
Financial planning & advisory platform for individuals
- Sep 2018Seed$3M
#11
Seed · Jakarta, Jakarta · founded 2022 · 3 employees$150Kraised▾
Provider of health insurance business solution services
- Mar 2023Seed$150K
#12
Seed · Jakarta, Jakarta · founded 2021 · 6 employees$125Kraised▾
Health benefits insurance solutions for the employees. It offers employee health by providing preventive programs such as exercise, routine health checks, and also access to telemedicine. It also offers insurance claims assistance solutions.
- Mar 2022Seed$500K
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of InsurTech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Insurtech is moving in Indonesia
A read on the academic research around Insurtech — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 29 Indonesia-affiliated papers.
- Universitas Islam Negeri Sumatera Utara4
- Hasanuddin University3
- Binus University3
- Telkom University2
- University of National Education2
- Coronavirus disease 2019 (COVID-19)1
- Actuarial science1
- Cover (algebra)1
- Outbreak1
- Construct (python library)1
- Humanities3
- Business administration2
- Marketing2
- Sharia2
- Quality (philosophy)2
- Business administration2
- Flexibility (engineering)1
- Prioritization1
- Process management1
- Officer1
Where insurtech is researched across Indonesia
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Common questions
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.