myTukar Ties up With PolicyStreet.com to Offer Insurance for Pre-Owned Cars
by Fintech News Malaysia June 11, 2021myTukar, a Malaysian pre-owned car buying and selling platform, has announced a partnership with local insurtech firm PolicyStreet.com to offer insurance policies for pre-owned car purchases.
Through the collaboration, myTukar’s wholesale and retail customers can now receive insurance quotations instantly with access to most major insurance providers within its platform.
The services support both new car insurance as well as renewals.
myTukar is the partner of PolicyStreet.com and is one of the first online car retailers to provide insurance from multiple companies.
Some of the insurance providers that have come onboard with myTukar via PolicyStreet.com include Allianz General Insurance Company (Malaysia) Berhad, AXA Affin General Insurance, Berjaya Sompo Insurance, Pacific and Orient Insurance Co., RHB Insurance, Syarikat Tafakul Malaysia Am and more.
Fong Hon Sum
Fong Hon Sum, CEO of myTukar said,
“We are extremely pleased to have found a like-minded partner to collaborate with us in our quest to spearhead the transformation of the pre-owned car industry.
PolicyStreet.com was born out of a need for change in the traditional century-old insurance industry, and aims to democratise insurance by making it Simple, Easy and Affordable – which is very much in line with myTukar’s mission of making pre-owned car buying and selling simple, convenient, efficient and transparent.”
Yen Ming Lee
PolicyStreet.com’s CEO, Lee Yen Ming said,
“We are excited to be partnering with myTukar to deliver the transformation that myTukar is looking for in enabling seamless motor insurance purchase for all of myTukar’s customers.
We do this by making insurance simple, easy and affordable.”
Featured image: Fong Hon Sum, CEO of myTukar
