Singapore-based insurtech firm Igloo has partnered with e-wallet DANA to facilitate the first gamer insurance product in Indonesia, hailed as the largest gaming market in Southeast Asia.
Users can purchase the protection on the DANA app and select from plans starting from as low as 1,000 rupiah (approximately 7 US cents) and up to a maximum benefit of 1,000,000 rupiah for cardiac arrest or carpal tunnel syndrome diseases.
Indonesia is home to 43% of the total pool of professional e-sports players in the world. With the government in support of the development of the local gaming industry, the gaming hotspot is positioned to attract more investments in the coming years.
Unfortunately, the increased popularity of mobile sports in the country also brings health issues associated with prolonged hours of gaming, Igloo says. Moreover, the World Health Organization recently started recognizing video game addiction as an illness that needs to be addressed with treatment.
“Indonesians have found joy in mobile gaming with 79% of the population playing an average of 8.5 hours a week,” shares Amitabh Singh, Igloo’s regional head of intermediary platform services. “As mobile sports continue to gain more traction in the country, we also see the need to address the serious health concerns it comes with.”