Khazanah invests in homegrown full-stack InsurTech company, PolicyStreet, to enhance protection for Malaysia’s underserved market Khazanah Nasional Berhad (“Khazanah”), under its Dana Impak mandate, recently led a Series B fundraising round of a Malaysian homegrown insurance technology (“InsurTech”) company, PolicyStreet, raising a total of US$15.3 million (MYR67 million). Dana Impak is a RM6 billion allocation...Read More

Emerging Regional Insurtech, PolicyStreet Records Exponential Growth in FY22 PolicyStreet increased its topline fivefold and expects strong growth in the coming year by leveraging its underwriting to better serve players within the digital economy. KUALA LUMPUR, 3 MAY 2023 – PolicyStreet, an emerging regional insurtech company, has recorded exponential growth in FY22, with its topline growing...Read More

Insurtech Receives Australian Financial Services License, Set to Shake Up Insurtech Industry Originating in Malaysia, PolicyStreet’s expansion signals exciting opportunities for businesses and consumers in Australian and Southeast Asian markets. KUALA LUMPUR, 22 FEBRUARY 2023 – PolicyStreet, an emerging insurtech company was granted the Australian Financial Services License by the Australian Securities and Investments Commission...Read More

Malaysians Can Enjoy Additional Protection for Online Purchases, Up to Six Months After Receiving Their Purchases Online shoppers can insure their purchases against accidental damages, including wear and tear, for less than RM1 and enjoy coverage of up to RM10,000 with PolicyStreet’s Damage Protection Plan. KUALA LUMPUR, 14 FEBRUARY 2023 – Malaysians can bid goodbye...Read More

PolicyStreet Recognised at Top in Tech Innovation Awards 2022 for Most Value Creation KUALA LUMPUR, 13 January 2023 – PolicyStreet kickstarts the new year by winning the Most Value Creation award at the Top in Tech Innovation Awards 2022, held on 12 January. The award underlines the insurtech company’s immense growth efforts since its inception,...Read More

Brighter Days Ahead: Double Win for PolicyStreet at MVCA 2022 Awards PolicyStreet was named Outstanding Investee Company while its Co-founder and Chief Product Officer, Winnie Chua, received the award for Outstanding Woman Entrepreneur at the Malaysian Venture Capital & Private Equity Association (MVCA) 15th Annual Dinner and Awards Night held at Sime Darby Convention Centre on...Read More

PolicyStreet and foodpanda Malaysia Joins Forces to Digitise Delivery Partners’ Insurance for Better Protection Through PolicyStreet’s newly launched Gig Workers’ Claims Portal, foodpanda Malaysia’s delivery partners can monitor their insurance coverage and submit claims while on the go. KUALA LUMPUR, 29 November 2022 – All of foodpanda Malaysia’s delivery partners classified as gig workers nationwide...Read More

Homegrown Female Entrepreneurs Powering the Growth of E-Commerce Biz THE e-commerce industry has become a fertile ground for businesswomen to thrive in the digital market. Whether it is retail or beauty, food or financial services, female entrepreneurs are taking centre stage with their innovative creations and ideas.  One such individual would be the CEO and co-founder...Read More

PolicyStreet Recognised for its Growth at Alibaba Cloud’s AsiaStar 10×10 Campaign KUALA LUMPUR, 7 November 2022 – PolicyStreet was recognised by the Alibaba Cloud’s AsiaStar 10×10 Campaign as one of the winners for the Growth category at the Aspara Startup Day—a satellite event of the Apsara Conference on 4 November. The recognition by Alibaba Cloud...Read More

PolicyStreet Launches Digital HR Portal To Simplify Medical Insurance for SMEs To help close the protection gap, the regional insurtech company is offering FREE access to the portal with every Group Medical Insurance policy undertaken from now until 31 December. KUALA LUMPUR, 27 October 2022 – Employee benefits are among the most complex matters for...Read More