Singapore-based technology company FingerMotion has announced its expansion into the Indonesian market through a strategic partnership with PT Mach Wireless Teknologi. The collaboration aims to deploy FingerMotion’s AI-powered insurance risk rating platform, tailored specifically for the Indonesian market, to enhance underwriting processes for motor, health, and life insurance.
The platform, developed by Finger Motion Financial, a subsidiary of FingerMotion, leverages advanced machine learning models and data processing engines to integrate seamlessly into Indonesia’s telco-insurance ecosystem. This initiative is designed to empower telecom operators and insurers to deliver more accessible and personalised digital insurance products.
Martin Shen, CEO of FingerMotion, highlighted the significance of this expansion, stating, “Our entry into Indonesia represents a key milestone in FingerMotion’s strategic expansion across Southeast Asia. This platform aims to establish a strong telco-insurance ecosystem through collaboration between telecom operators and insurers.”
The partnership with Mach Wireless is also expected to facilitate connections with local solution providers, including insurance companies and telematics services, to strengthen the ecosystem further. Additionally, FingerMotion is finalising an agreement with a major telecommunications provider in Indonesia, which is anticipated to accelerate the platform’s adoption and scalability.
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