Insurtech

Airasia Money Now Offers Digital Car Insurance Through Partnership with PolicyStreet

Airasia Money today announced the roll out of digital car insurance products made possibe thanks to a partnership with local insurtech firm, PolicyStreet. The services offered includes insurance and road tax renewal and price comparison of various insurance. Amanda Woo,

Read More

Insurtech Vsure.life Secures RM 12 Million From Revenue, Enters BNM’s Sandbox

Malaysia-based insurtech firm VSure.life has secured a RM12 million investment from ACE market-listed Revenue Group through its wholly-owned subsidiary company Revenue Harvest as well as approved by Bank Negara Malaysia’s (BNM) to participate in its fintech sandbox. The partnership between

Read More

AIA Malaysia Takes a Minority Stake in TNG Digital, Reportedly Valuing It at RM3 Billion

AIA Malaysia announced that it will be taking a minor stake in TNG Digital, the owner of Touch ‘n Go eWallet, as part of a long-term strategic partnership. The Edge reported that this move will make AIA the fourth shareholder

Read More

E-Wallet Boost Launches Three More Insurance and Takaful Plans

Axiata Digital’s e-wallet Boost has introduced three new micro-insurance and takaful plans under ‘Boost Protect’ to further provide Malaysians with affordable and premium coverage. The addition of MozzieProtect, FamilyProtect and Critical Illness Care bring the total coverage plans to 13.

Read More

Digital Pet Health Insuretech Oyen Nets Over RM 1.7 Million in Seed Funding

Oyen, a digital-first pet healthcare insurance provider based in Malaysia, has raised US$420,000 in a seed funding round. The fundraise saw participation by notable backers such as Hustle Fund, alongside angel investors who are former and current executives from Airbnb,

Read More

myTukar Ties up With PolicyStreet.com to Offer Insurance for Pre-Owned Cars

myTukar, a Malaysian pre-owned car buying and selling platform, has announced a partnership with local insurtech firm PolicyStreet.com to offer insurance policies for pre-owned car purchases. Through the collaboration, myTukar’s wholesale and retail customers can now receive insurance quotations instantly

Read More

Finology Crowned Winner of This Year’s Seedstars World Competition

Finology, a Malaysian fintech that specialises in enabling seamless lending and insurance for consumers and businesses, was crowned as Seedstars World 2020/2021 Competition’s winner. Representing Asia, Finology was up against the top companies from 4 other regions; Africa, Central and

Read More

Carput Taps Policystreet.com’s Platform to Offer Auto Insurance Services

Malaysian insurtech company PolicyStreet.com has partnered with Carput, a homegrown automotive assistance platform, to offer car insurance. By teaming up with insurance technology company PolicyStreet.com, Carput said that customers will be able to experience greater ease in the car insurance

Read More

Insurtech Platform Fatberry Raises RM 2.5 Million in Pre-Series A Funding Round

Fatberry, a Malaysian B2C insurance online supermarket, has raised a RM2.5 million (approximately US$600,000) during a pre-Series A funding round. The round was led by strategic investor Stockholm-based publicly traded venture builder Abelco Investment Group AB. Other investors who participated

Read More

Zurich Malaysia Partners Singaporean Fintech to Simplify Financial Planning

Zurich Malaysia (Zurich) and Singapore-based fintech BetterTradeOff, today launched ‘Up | MyZurichLife’, a financial planning solution exclusively for MyZurichLife’s users to help them plan their finance. The solution took root after BetterTradeOff won the Malaysian round of the Zurich Innovation

Read More