Insurtech obtains financial adviser approval LOCAL Insurtech PolicyStreet has expanded its scope following its financial adviser (FA) approval from Bank Negara. Last week, the firm obtained the approval to conduct financial advisory and Islamic financial advisory business under Section 11 and 15(1) of the Financial Services Act 2013 respectively. The approval enables PolicyStreet to source,...Read More

PolicyStreet: Keeping Malaysians Under Cover “Insurance coverage is like having an umbrella,” says Wilson Beh, co-founder and COO of Policy Street. “It can be a hassle to carry around on a non-rainy day but when it rains, an umbrella becomes very important.” Taking out an medical or life insurance policy helps give a person ease...Read More

PolicyStreet Buddies Up With MDEC to Curate Affordable Insurance for Freelancers KK Fund recipient PolicyStreet announced that they have signed a Memorandum of Understanding (MoU) with MDEC in a bid to provide affordable and customisable insurance to gig workers, like freelancers and those who make their living on the sharing economy–ride-sharing drivers or those who...Read More

4 Reasons Why Insurtech Matters for Malaysians Insurtech, is one of the latest buzzwords that has entered into the fintech lexicon. For those unfamiliar with the field, one might reasonably question whether it genuinely adds value to society or it’s just another buzzword whose sole purpose is to help startups raise funds and to help...Read More

Allianz Malaysia partners with PolicyStreet to improve online customer reach Allianz Malaysia Berhad is partnering with PolicyStreet to provide Malaysians with better online access to insurance products. PolicyStreet is an insurance technology company which offers an online curated platform with an aim to provide simple and affordable insurance solutions that cater for all customer needs....Read More

Get To Know The 13 Malaysians In This Year’s Forbes 30 Under 30 List They’re young, brilliant and ambitious: meet the 13 Malaysian entrepreneurs whose achievements in industries of e-commerce, the arts, social entrepreneurship and more have earned them a well-deserved place in this year’s Forbes 30 Under 30 Asia 2018 list, featuring the disruptive...Read More

DOJO KL partners PolicyStreet to offer employee protection plans DOJO, a 7000 sq ft co-working space in Kuala Lumpur city centre, announced a partnership with insurtech PolicyStreet, an online insurance marketplace to enable DOJO co-working members to enjoy the affordable employee protection plans. The partnership was forged by DOJO co-founder Jack Chan and PolicyStreet co-founder...Read More

PolicyStreet pockets $500k to get more Malaysians insured Nearly two years ago, Malaysian Lee Yen Ming had an accident he thought could leave him paralyzed for life. He fractured two of his vertebrae after falling off a ladder as he was trimming a tree in front of his house. While the ordeal was painful and...Read More

Life Policies Cost Above RM200/Month—This M’sian Startup Sells Them For As Low As RM9.85 The insurance penetration rate for Malaysians is only a little above half, which experts think is “grossly underinsured“. Among those, only 15% of bumiputras are covered at all. Even when Malaysians are covered by insurance, they’re not covered enough. There have been many efforts over...Read More