Insurtech
Ouch! Rolls Out Digital Takaful Life Insurance
Insurtech platform Ouch! has launched a digital takaful product Pusara Pro, a simple term life product offers death benefit of up to RM500,000 and an additional compassionate benefit of 10% of the total sum assured. According to Ouch!, the Pusara
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Digital Insurance Products in Malaysia That Caught Our Attention
According to the Fintech Malaysia Report 2022, there are a total of 32 players who are actively involved in the insurtech space in Malaysia as of 2022, compared to only 16 players back in 2019. This shows that there is
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FWD and 1337 Ventures Launch Asia-Focused Insurtech Accelerator
FWD Startup Studio and Malaysian venture capital firm 1337 Ventures announced that the fifth cohort of its accelerator programme is now open to Asia-based startups that are venture-backed in insurtech or adjacent verticals. Through the FWD Startup Studio Accelerator, participants
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Gibraltar BSN Life Rebranded to FWD Insurance, Aman Chowla Takes Helm
FWD Group announced the appointment of Aman Chowla as the new CEO for its Malaysian life insurance business and finalised the rebranding of from Gibraltar BSN Life to FWD Insurance Berhad. Chowla brings with him more than 20 years of
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The Tune Protect Approach Towards Being a Digital-First Insurer
The youth-oriented online insurance segment has been slowly growing in Malaysia, as they increasingly look for simplicity and convenience in their insurance coverage, coupled with an user-friendly customer experience. Under the Tune Protect Group, Tune Protect Malaysia is a licensed
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Carsome Offers Personal Accident Coverage up to RM10K with PolicyStreet
Used car trading platform CARSOME has tied up with Malaysian insurtech company PolicyStreet to roll out the CARSOME Care+ coverage. The complimentary coverage is valid for a year and is embedded into every purchase of a CARSOME Certified car, available
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Tune Protect Partners Baoviet to Offer Travel Insurance for Vietjet Air’s Flyers
Tune Protect Group’s reinsurance subsidiary has rolled out its travel insurance offering on Vietjet Air’s website in partnership with Baoviet Insurance. The sale went live on 5 July 2023. Vietjet Air is Vietnam’s largest private carrier and is the group’s
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Petotum Partners Etiqa General Insurance to Offer Pet Insurance Products
Petotum, a digital pet ecosystem integrator, has partnered with Etiqa General Insurance in Malaysia to provide enhanced coverage and streamlined services for pet owners. By leveraging on advanced technologies, data analytics and a customer-centric approach, Etiqa General Insurance and Petotum
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How Embedded Insurance is Changing the Face of Online Shopping
In an age where financial services are evolving to match the pace of consumers’ dynamic lifestyles, embedded insurance is gaining traction as a transformative approach to offering protection. Unlike the traditional standalone policies, the essence of embedded insurance lies in
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PolicyStreet Raises RM67 Million Series B Led by Khazanah to Serve the Underinsured
Malaysian insurtech company PolicyStreet has raised a total of RM67 million (US$15.3 million) in a Series B fundraising round led by the country’s sovereign wealth fund Khazanah Nasional. The round was also joined by other local and international investors, including
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