Insurtech

Grab Malaysia Launches Daily Insurance for E-Hailing Drivers

Grab Malaysia unveiled a usage-based motor insurance and takaful  for e-hailing driver in Malaysia, Grab Daily Insurance (GDI). Designed in partnership with 14 leading insurers and takaful operators in the country, the innovative product offers driver an accessible, yoption to

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Insurance Comparison Sites Will Soon Be Regulated by Bank Negara Malaysia

Insurance and takaful aggregation business will be regulated by Bank Negara Malaysia as a new category of registered business under the Financial Services Act 2013 (FSA). According to Bank Negara Malaysia’s press statement, once this comes into effect insurance and

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PolicyStreet Secures Approval from Bank Negara to Conduct Financial Advisory

PolicyStreet announced today that it has obtained approval from Bank Negara Malaysia to conduct financial advisory. With this approval, PolicyStreet can source, aggregate, compare, customise and finally advise consumers and businesses on the best insurance products that meet their needs.

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BFM Founder Malek Ali Co-Founds Insurtech Startup, Fi Life

Fi Life, an insurtech startup co-founded by BFM radio founder Malek Ali and Tan Jiann Meng went live today. The birth Fi Life is a result of the pair’s recent acquisition of U For Life from German reinsurer Hannover Re

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A Sneak Peek into Prudential’s New AI Powered Health App, Pulse

The insurance industry is changing, and its changing fast. The forces driving the change in insurance include skyrocketing healthcare costs, rising protection gap and a shift in the way consumers prefer to interact with brands. These new realities are pressuring

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Zurich Partners up with Malaysian Startup to Provide Afterlife Planning to Customers

Zurich Malaysia just partnered up with Malaysian startup Bereev, an online legacy platform aiming to help Malaysians plan for their inevitable death. The team up makes a lot of sense since insurance and afterlife planning definitely go hand-in-hand. Bereev’s web-based application

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PolicyStreet Buddies Up With MDEC to Curate Affordable Insurance for Freelancers

KK Fund recipient PolicyStreet announced that they have signed a Memorandum of Understanding (MoU) with MDEC in a bid to provide affordable and customisable insurance to gig workers, like freelancers and those who make their living on the sharing economy–ride-sharing drivers

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4 Reasons Why Insurtech Matters for Malaysians

Insurtech, is one of the latest buzzwords that has entered into the fintech lexicon. For those unfamiliar with the field, one might reasonably question whether it genuinely adds value to society or it’s just another buzzword whose sole purpose is

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RHB Insurance Mobile App Enables Customers to Purchase Policy in 3 Minutes

RHB Insurance Berhad (“RHB Insurance”) launches “RHB Insurance Mobile App”, which enables its customers to purchase motor insurance policy and road tax with just a single end-to-end mobile enabled application. RHB Insurance Mobile App, allows users  to complete the purchase

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Allianz Malaysia Partners With PolicyStreet For Digital Distribution

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

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