Qoala logo

Qoala

Founded in 2018, Qoala is an omnichannel insuretech company, with a purpose to democratize, empower and redefine insurance for customers. Qoala believes in order to redefine insurance, it takes all stakeholders to be involved. Hence, Qoala is committed to provide the upmost value to all of its stakeholders including insurance partners, customers and regulators. Today, backed by prominent investors, Qoala is operating in four countries in Southeast Asia - Indonesia, Malaysia, Vietnam, and Thailand - and moving closer towards our goal to make insurance accessible and affordable for all. Qoala is also: 1. Qoala App: a digital insurance marketplace that gives its users the peace of mind from unexpected financial risks 2. Qoala Plus: a digital solution that enables our Mitras to sell various insurance products 3. Qoala for Enterprise: a corporate insurance solution that enables our partners to save on average 25% on insurance cost structure and earn additional income stream with our state-of-the-art technology At Qoala, we are committed to building a diverse and inclusive workforce of highly talented and ambitious individuals, with a data-driven mindset. Join our growing community of product driven, tech enthusiasts and growth minded individuals with strong insurance and eye towards the needs of customers and other stakeholders, with varying experiences from leading insurance industry players, leading tech giants, management consulting and many more. Qoala is working with PT Mitra Jasa Pratama as an insurance broker that is registered and monitored by OJK with a registration number: KEP-7767/MD/1986. Copyright © 2021 Qoala.

http://www.qoala.app
201-500 employees

Growth Trajectory

The company has growth potential through expanding its product offerings, forging new partnerships with insurance and media companies, and further developing its online platform. Focusing on the Indonesian market, the company can leverage innovation in its online platform and customer service channels to capture a larger market share. The emphasis on customer service channels indicates potential for scaling and improving customer acquisition.

Technical Challenges

Tech Stack

Team Size

Key Risks

Increased competition from other established insurance providers and emerging insurtech companies in Indonesia.
Potential regulatory changes in the Indonesian insurance market impacting online insurance sales.
Reliance on partnerships with other insurance companies, which could be affected by changing market dynamics.
Maintaining customer trust and data security within the online platform.

Opportunities

Expanding insurance product offerings to cater to more niche markets or specific demographic groups.
Leveraging data analytics to offer personalized insurance recommendations and improve customer experience.
Developing strategic partnerships with e-commerce platforms or financial institutions to expand reach.
Enhancing the online platform with AI-powered customer service and claims processing capabilities.
Exploring microinsurance products tailored to specific needs and budgets of the Indonesian population.
Live Data Stream

Access Our Live VC Funding Database

30,000+ funded startups

tracked in the last 3 months

B2B verified emails

of key decision makers

Growth metrics

Real-time company performance data

Live updates

of new VC funding rounds

Advanced filters

for sophisticated queries

API access

with multiple export formats