Allianz Malaysia Partners With PolicyStreet For Digital Distributionby FintechNews Malaysia April 5, 2018
Allianz Malaysia Berhad is partnering with PolicyStreet to provide Malaysians with better online access to insurance
products. PolicyStreet is an insurance technology company which offers an online curated platform with an aim to provide simple and affordable insurance solutions that cater for all customer needs. Through the new partnership, PolicyStreet is offering four of Allianz digital products.
This news comes in on the heels of a of yet another insurtech partnership arrangement between PolicyStreet and AXA Affin announced on the same day signalling an increasingly mature insurtech sector in Malaysia.
“In re-engineering the way we do business – being digital-centric and service oriented – Allianz is investing in digital strategies and deploying solutions that respond to industry challenges and take advantage of opportunities to reshape and improve the insurance business. This includes providing enterprising distribution channels where customers have continuous access to our products. This is where PolicyStreet complements the puzzle, presenting yet another platform in which, Allianz will be able to further expand our reach in the digital space apart from our own platform Allianz Online,” said Zakri Khir, Chief
Lee Yen Ming, Chief Executive Officer of PolicyStreet said, “We are excited and honoured to partner with the leading insurer in Malaysia. By integrating with Allianz, we are now able to offer convenience and flexibility to our customers to obtain Allianz’s products online.