JAKARTA, INDONESIA, April 11 – Today, PasarPolis, a leading Insurtech company in Southeast Asia, revealed significant milestones and expansion plans following impressive financial performance. With a 2x revenue growth since its last funding round until 2023, PasarPolis has maintained positive gross margins consistently, demonstrating financial strength. The fiscal year marked record growth, with Gross Written Premium (GWP) soaring by 250%, showcasing PasarPolis’ accelerated trajectory in the Insurtech industry.
Founder Cleosent Randing emphasized PasarPolis’ commitment to innovation and sustainability, driving its success. With plans for a 50% compound annual growth rate (CAGR) over the next four years and expansion into Southeast Asian markets like Vietnam and Thailand, PasarPolis solidifies its position as a regional leader. As the company targets profitability and sustainability, it remains steadfast in its mission to reshape the future of insurance across the region.
