Insurtech

Boost Expands Digital Insurance Services Following US$70M Investment from Great Eastern

Axiata Digital’s e-wallet Boost has introduced a suite of affordable and accessible micro insurance/takaful coverage under ‘Boost Protect’. This new feature available under the ‘Insurance’ tile in the app marks Boost’s foray into expanding the use of its e-wallet beyond

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Fi Life Introduces New 10 to 30-Year Level Term Life Insurance Policies

Fi Life announced the expansion of its existing 20-year level term life insurance policy to 10-year, 15-year, 25-year and 30-year level terms. These level term policies underwritten by Tokio Marine Life Insurance Malaysia Bhd is in addition to the yearly

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Finology Lands Partnership with Zurich for Road Tax and Motor Insurance Renewal Services

Over two million Malaysian road taxes remain expired since the Road Transport Department (JPJ) counters closed during the Movement Control Order (MCO). In an effort to help address this as well as Malaysia’s alarming number of uninsured vehicles on the

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Boost and Aspirasi Launches Micro-Insurance Underwritten by Great Eastern Life Assurance

Axiata Digital’s e-wallet Boost and its digital financing platform Aspirasi announced today the launch of “Aspirasi Protect” – a microinsurance plan which provides affordable, accessible and on-demand protection to Malaysians. This new insurance product is underwritten by Great Eastern Life.

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PolicyStreet Raises RM 7.8 Million Series A Round Led by KK Fund

During the height of the COVID-19 crisis, PolicyStreet, a Malaysian insurtech company opened its fundraising exercise to the angel network via equity crowfunding platform PitchIN. The startup closed its campaign earlier than scheduled after achieving more than 500% of the

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Digi Partners With AXA AFFIN to Offer a Pre-Paid Internet Plan That Comes with Insurance

Digi together with AXA AFFIN Life Insurance is offering Digi Abadi, Malaysia’s first of its kind prepaid internet plan that comes bundled with free life insurance cover. This prepaid plan that they described as “limited edition” is an effort by

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How COVID-19 Has Forced Insurers to Rethink Digital

We’re living in a once in a generation health crisis. Millions of people worldwide have been affected by the coronavirus pandemic, and many have been left jobless and many more will be feeling the impact for several years to come.

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With Insurtech Demand Surging PolicyStreet Raises Funds Through Equity Crowdfunding

Despite the gloomy climate brought on by the COVID-19 outbreak, insurtech startup PolicyStreet is looking to fundraise through Equity Crowdfunding via pitchIN. In their statement, PolicyStreet shared that the insurance sector is seeing a “buzz of activities and has a

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foodpanda Partners with Insurtech Startup PolicyStreet to Provide Protection for Riders

Amid the outbreak of COVID-19 in Malaysia, foodpanda has partnered with insurrtech PolicyStreet to provide additional coverage for  to provide riders with additional financial support totalling to approximately RM200,000. This means that, any delivery partner who tests positive for the

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Boost Offers Malaysians Free Insurance Coverage For COVID-19

Boost together with Prudential announced a joint initiative to help protect Malaysians by providing free COVID-19 coverage exclusive to Boost users. Between 24 February 2020 to 30 April 2020, verified premium Boost users who are not existing Prudential and Prudential

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