- Regional insurtech Igloo, GCash, and Malayan Insurance, introduce new insurance product for small businesses
- NegosyoCare is the first MSME insurance available in GCash that provides MSMEs comprehensive and accessible coverage for only P160 a month
- NegosyoCare is another addition to a growing line of insurance products through Igloo’s partnership with GCash
Across Southeast Asia, some 71 million micro, small, and medium enterprises (MSMEs) are driving the region’s economic recovery. These organizations also comprise almost all businesses across the region. While they form the backbone of the region’s economy, MSMEs are often the ones who are vulnerable to adverse macroeconomic conditions and unexpected events such as fire, accidents, and damages.
With this in mind, regional insurtech Igloo, in partnership with GCash and Malayan, launched NegosyoCare, an insurance product specifically designed to protect MSMEs. Igloo believes that insurance products catered to MSMEs can support inclusive and sustainable economic growth and employment for the country and Filipinos.
