HHP Law Firm has advised PasarPolis, an Indonesian insurtech company, on the closing of its USD 54 million series B funding (see report here).
M&A Foreign Legal Consultant Gerrit Jan Kleute led the team and was supported by associates Rizky Kenawas, Nadya Sagita, Ario Pamungkas and Nadzira Boenjamin. The team had assisted PasarPolis with their documentation for the investment.
Founded in 2015 in Jakarta, PasarPolis offers affordable micro-insurance to ride-hailing drivers, couriers and online shoppers and sellers. In 2019, PasarPolis has sold more than 650 million policies.