Insurtech
KATSANA’s DriveMark Moves Towards Introducing Usage Based Insurance
DriveMark®, a subsidiary under KATSANA announced the pilot launch of “Safe Driving Rebate Program” with the support of Etiqa Insurance and Takaful Ikhlas General Berhad. Intended as a precursor to a full-fledged usage based insurance, the pilot is expected to
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Axiata to Distribute Digital Insurance Through Aspirasi, Boost and Celcom
Axiata Digital Capital’s Aspirasi announced Thursday, a partnership with Great Eastern to provide affordable insurance and takaful products for consumers, micro-entrepreneurs and SMEs. The distribution of the product will be fully digital and will be offered through Aspirasi and its
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Want to Innovate? Don’t Be Afraid of Being Fired Says AXA Affin Life CEO
“If you want to innovate, you must never be afraid of being fired” Those were the first lines that Rohit Nambiar, CEO of AXA Affin Life said when I asked about the secret sauce behind a relatively small player
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Insurtech Startup Fi Life Introduces New 20 Year Level Term Life Insurance Policy
Fi Life announced today that it has added a new 20-year level term life insurance policy to its current suite of life insurance policies. This level term policy is underwritten by Tokio Marine Life Insurance Malaysia Bhd. The company said
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AXA Affin Unveils its Latest Digital Offering Targetting Young Families
Following the success of its earlier launch of their online medical card AXA eMedic in April 2018, AXA Affin today unveiled their AXA eMedic Family plan. Similar to their earlier digital product, the AXA eMedic family plan can be purchased
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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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