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Lexasure Partners with AgriON to Offer Mobile Agricultural Insurance to Thousands of Farmers in Indonesia – InsuranceNewsNet

Insurance products that will be available on the platform will include crop insurance, livestock & bloodstock (Equine Insurance), and agriculture machinery and equipment insurance, provided through licensed insurers in Indonesia. 

In addition to financial solutions, AgriON enables the traceability and sustainability of farmers’ products using digital technology, thereby empowering farmers to maximize the yield and value of their products when using sustainable farming practices.

“Digital insurers are now fully aware that the digital transformation of the insurance industry is well underway,” Lim added. “We will continue to pursue innovative partnerships to help our clients digitize the entire insurance value chain and reach underserved populations across the region.”

AgriON is a platform that helps people to get financing or funding to develop their productive business activities from financial institutions online. The platform is recorded with the Financial Services Authority as a Financing Agent as stipulated in the Regulation of the Financial Services Authority concerning Digital Financial Innovation.  PT iSAN Technology Indonesia (PT iSAN) is a subsidiary of iAPPS Singapore and manages the AgriON platform as an Agent.

About Lexasure Financial Group

Lexasure Financial Group is a leading Southeast and South Asia reinsurance company providing reinsurance and digital insurance solutions, including Reinsurance-as-a-Service (RaaS), that enable our clients to manage risk, accelerate growth, and effectively compete. We are driving the digital transformation of the insurance and reinsurance industry with scalable and innovative products that meet the local needs of companies and people in fast-growing Asian markets. Our management team has deep expertise in the industries of reinsurance, insurance, and insurance tech. Our values are based on a belief that our products enable customers to live and grow boldly while enhancing resilience. We serve over 60 primary insurers across 18 countries in Asia and North America. For more information, go to lexasure.com.

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Crocker Coulson, AUM Media
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SOURCE Lexasure Financial Group

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