• Newsletter
  • Contact
  • Press Releases
Saturday, June 7, 2025
Stay Ahead with Heaptalk: Your Go-To Source for Business News
  • Login
  • Register
  • Whats on
  • News
  • Events
  • Technology
  • Industry
  • GovAct
  • Expert Talk
  • Insight
  • Sustainability
No Result
View All Result
Stay Ahead with Heaptalk: Your Go-To Source for Business News
  • Whats on
  • News
  • Events
  • Technology
  • Industry
  • GovAct
  • Expert Talk
  • Insight
  • Sustainability
No Result
View All Result
Stay Ahead with Heaptalk: Your Go-To Source for Business News
No Result
View All Result
Home News

Insurtech Futuready officially seals its operations in Indonesia

Syifa by Syifa
July 20, 2023
in News, Whats on
0
Futuready

credit by finansial bisnis

Share on FacebookShare on Twitter

Before closing its archipelago business operation, Futuready has collaborated with MNC Insurance and DANA Indonesia in December 2022.

Heaptalk, Jakarta — Indonesia’s insurtech startup, PT Futuready Insurance Broker (FIB), is reportedly ceasing its operation in the archipelago. The startup’s management team announces this information through a memo on Futuready’s official website. However, the company does not explain the further reason for this decision.

“We are sorry to inform you that we, PT Futuready Insurance Broker (FIB), are no longer run our operational. From the overall FIB team, we thank you for trusting us all these years. Delivering your insurance online since 2016 has been a pleasure,” The management said in the memo.

World Ai Jakarta 2025
World Ai Jakarta 2025

In its journey, Futuready was included in the insurance brokerage company directory with a business license number KEP-518/NB.1/2015 in April 2020, cited in Indonesia’s Financial Service Authority (OJK).

According to an early CEO of Futuready Sendy brokers have a unique position because they can help customers with insurance. Sendy claimed brokers carry out their duties to help customers determine the best choice of insurance products objectively and transparently. However, the company was forced to close its operations in Indonesia for undisclosed reasons.

Before closing its business operation in Indonesia, this startup collaborated with MNC Insurance and digital wallet company DANA Indonesia in December 2022. In this partnership, Futuready, as an insurance broker, provides gadget insurance facilities.

Previously, Futuready’s parent company, Aegon Group, peddled its Thailand business to Singapore-based private equity firm The Huntington Group in November 2022. At that time, Chief Strategy and Business Development Officer of Aegon International, Curtis Chen, claimed that Huntington was the proper business partner to back the Futuready team’s performance in Thailand.

“Although we will miss them, we are delighted to notice a former colleague to join the Huntington family, who are poised to take the company to the upper level,” Chen said in a statement.

In addition, the company previously operated a telemarketing business in Thailand since 2007, which was later rebranded as Futuready Thailand, offering consumer-focused insurance solutions through affinity and partner channels in 2013. In Indonesia, Aegon holds an 80% stake in Futuready. Aegon is a life insurance and asset management company based in Den Haag, Netherlands.

Since its establishment, Futuready has provided online insurance product marketplace services and sends electronic policies without leaving the house. By implementing this method, the public can conduct the submission, management, and insurance products claim process more transparently.

Tags: Futureadyinsurtech startup

Related Posts

Paving the Way for Expatriate Homeownership: Savyavasa and Permata Bank Launch Exclusive Foreign Mortgage Program

Paving the Way for Expatriate Homeownership: Savyavasa and Permata Bank Launch Exclusive Foreign Mortgage Program

June 5, 2025
KL1 Phase 2 has been completed. Credit: Equinix

Equinix completes KL1 Phase 2 data center in Kuala Lumpur

June 2, 2025
Commemorating Professor Soemitro's 108th anniversary at Soemitro Center (05/29). Credit: Haris

Soemitro Center: A platform for Indonesia’s young economists

May 31, 2025
Lifree breathable adult diapers can help improve skin health. Credit: Haris

Unicharm research: Lifree improves quality of life for elderly

May 31, 2025
Xiaomi's premiumization strategy has yielded positive results in Q1 2025. Credit: Sinta

Applying premiumization strategy, Xiaomi gains 64.5% net profit jump in Q1 2025

May 31, 2025
Kaspersky appointed Defi Nofitra as first country manager for Indonesia. Credit: Kaspersky

Kaspersky appoints Defi Nofitra as first country manager for Indonesia

May 31, 2025
  • 32321

    New tech layoff chapter, Microsoft lays off thousands of its cloud unit ‘Azure’

    1 shares
    Share 0 Tweet 0
  • Nokia rolls out 6600 5G Ultra

    0 shares
    Share 0 Tweet 0
  • Performing a second layoff round, Morgan Stanley to reduce 3,000 workforces in Q2 2023

    1 shares
    Share 0 Tweet 0
  • TikTok Shop to reach a US$15 billion in its GMV transactions

    1 shares
    Share 0 Tweet 0
  • International Women’s Day – Opportunity for Businesses to Support Women in the Workplace

    0 shares
    Share 0 Tweet 0
the 10th world battery & energy industry expo 2025World Ai Jakarta 2025
Heaptalk business news logo

We Build an Ecosystem by Sharing Business News, Headlines and Expert Talks in Professional Perspective and Positive Point of View. Latest business news media headlines platform today.

Recent Posts

  • Paving the Way for Expatriate Homeownership: Savyavasa and Permata Bank Launch Exclusive Foreign Mortgage Program
  • Equinix completes KL1 Phase 2 data center in Kuala Lumpur
  • Soemitro Center: A platform for Indonesia’s young economists
  • Unicharm research: Lifree improves quality of life for elderly
  • Applying premiumization strategy, Xiaomi gains 64.5% net profit jump in Q1 2025

Follow Us

Facebook
Twitter
LinkedIn Youtube Instagram RSS

Newsletter

  • About Us
  • Editorial
  • Newsletter
  • Contact
  • Privacy Policy
  • Cyber Media Guidelines
  • Disclaimer
  • SOP Perlindungan Wartawan

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT
No Result
View All Result
  • Home
  • News
  • Technology
  • Industry
  • GovAct
  • Events
  • Whats on
  • Expert Talk
  • Insight
  • Sustainability
  • Newsletter
  • Press Releases
  • Login
  • Sign Up

© 2024 Heaptalk.com