Insurtech

Tune Protect Gets Conditional Approval to Join BNM’s Regulatory Sandbox

Tune Protect Ventures, a wholly owned subsidiary of Tune Protect Group, has received conditional approval from Bank Negara Malaysia (BNM) to participate in its Financial Technology Regulatory Sandbox. The approval allows Tune Protect to test a digital life insurance business

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PolicyStreet Appoints Former Carousell Head Tang Siew Wai as Chief Digital Officer

Insurtech platform PolicyStreet has appointed former Carousell Malaysia country head Tang Siew Wai as its new Chief Digital Officer to spearhead the company’s growth strategy. Prior to joining PolicyStreet, Siew Wai established Carousell’s local office in Malaysia and helped make

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Digital Life Insurer DearTime Launches in Malaysia

Malaysian digital insurer DearTime has officially launched to offer affordable and accessible life insurance plans in the country. The company is an approved participant of the Bank Negara Malaysia’s Fintech Regulatory Sandbox to conduct life insurance business in Malaysia. DearTime

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VSure Group Partners With PickTenants to Offer Insurance for Landlords

Malaysian digital insurer VSure Group has partnered with PickTenants, a proptech company offering a tenant-screening and management platform, to launch an embedded insurance solution for landlords. The landlord insurance plans offered is only available on the PickTenants platform where they

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Balancing Digital and Physical Channels in the New Era of Banking and Insurance

The COVID-19 pandemic has led to a spike in demand for digital banking experiences, a shift which banks and financial services institutions around the world have responded promptly to by accelerating product roadmaps and enabling new digital experiences. But despite

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Tune Protect Malaysia Introduces Its First Critical Illness Offering

Tune Protect Malaysia, the general insurance arm of Tune Protect Group, has launched its first Critical Illness Insurance offering Critical Safe+. Critical Safe+ is an online health insurance which covers advanced stages of critical illnesses with affordable cost, flexible options

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Malaysian Insurtech VSure Expands Its Footprint to the UK

Malaysian digital insurer VSure.life announced its expansion to the United Kingdom to make it affordable for small businesses to access insurance. VSure has aligned with local player McGill and Partners, a boutique (re)insurance broker specialising in creating bespoke, game-changing solutions

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How Will BNM’s Digital Insurance License Tackle Malaysia’s Underinsured Problem

Insurance is a crucial part of any good financial planning. Without sufficient protection offered by insurers, it is easy to fall into financial ruin if even a person’s savings are substantial. Malaysia’s insurance and takaful penetration rates however are dismally

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Tune Protect Malaysia Names Veteran Banker Jubin Mehta as Its New CEO

Tune Protect Malaysia, the general insurance arm of Tune Protect Group, announced the appointment of Jubin Mehta as its Chief Executive Officer effective 5 May 2022. The group said in a statement that Jubin will be responsible for transforming Tune

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CTOS Ties up With PolicyStreet to Offer Car Insurance and Road Tax Renewal

CTOS Digital, through its subsidiary company, CTOS IDS, is expanding its range of services with the launch of CTOS Car Insurance, an online platform for car insurance and road tax renewal in collaboration with local insurtech firm PolicyStreet.com. This latest

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