Fuse connects insurance companies with multiple distribution channels and partners to make insurance services accessible and affordable through its technology. The company offers an agent-focused B2A service through the Fuse Pro mobile app, and also provides B2C and B2B2C microinsurance products distributed via partnerships with e-commerce channels like Tokopedia. Launched in 2017, Fuse says it has more than 60,000 marketers/agent partners using Fuse Pro, works with over 40 insurance companies offering 300+ products, and employs more than 460 people with branch offices in Indonesia, Vietnam and China. The company exceeded $70 million in gross written premium in the first three quarters of 2021 and claims the largest GWP in Indonesia and Southeast Asia. Fuse plans to expand further across Southeast Asia, targeting additional countries including Thailand and Vietnam. Management cites the region's growing digitally savvy middle class and increased internet connectivity as key growth tailwinds for digital insurance adoption.

Total raised

$25M

Funding rounds

1

Latest round

Series B

Latest activity

Dec 2021