PolicyStreet Pulls Hat-Trick: Secures Three Awards Across Regional and Local Stages

PolicyStreet celebrates a triumphant March, winning Fintech Startup of the Year at the Triple A Digital Awards, named High-Growth Company in Asia Pacific by Financial Times and Statista, and Best Use of Tech at SOBA 2023.

KUALA LUMPUR, 14 MARCH 2024 — PolicyStreet, a regional insurtech company, continues its winning streak, securing two prestigious awards following its recent triumph at the Star Outstanding Business Awards (SOBA) 2023. The insurtech has been named the “Fintech Startup of the Year” at The Asset’s Triple A Digital Awards and has been named one of the “High-Growth Companies in Asia Pacific 2024” by Statista and The Financial Times.

“We are thrilled to receive these prestigious awards, which testify to our team’s dedication and hard work to improve financial inclusivity in the region. These awards not only recognise our achievements but also inspire us to continue pushing boundaries and innovating in the insurtech industry,” said Yen Ming Lee, Co-founder and Group Chief Executive Officer of PolicyStreet.

Triple A Digital Awards Honours Insurtech Innovations

Built upon a stringent evaluation methodology, The Asset’s Triple A Digital Awards celebrate industry leaders in finance and technology, honouring their exceptional innovation and dedication to delivering a distinctive digital experience for customers throughout Asia-Pacific and the Middle East.

Awarded the title of Fintech Startup of the Year, the Triple A Digital Award acknowledges PolicyStreet’s groundbreaking contributions to the Malaysian fintech scene. Specifically, the award recognises the excellence of PolicyStreet’s Damage Protection Plan, Digital HR Portal, and Gig Workers’ Claims Platform, highlighting the company’s innovative use of technology to redefine the local insurance landscape.

Fueling Progress as a High-Growth Company in Asia Pacific

The company’s recognition among the High-Growth Companies in Asia Pacific 2024 by Statista and The Financial Times reaffirms PolicyStreet’s successful deployment of its strategic approach to narrowing the protection gap. PolicyStreet stands among an exclusive group as one of only 14 Malaysian companies recognised in this list, ranking as the second highest among Malaysian companies. This highlights its impressive revenue growth, reflecting its dedication to improving financial inclusion and social impact in the region.

The ranking results from a joint project by the Financial Times and Statista, which conducted months of research, intensive database research, and evaluation of tens of thousands of companies to identify the top 500 outstanding companies among millions of Asia-Pacific enterprises.

These two regional recognitions come at the tail of the local SOBA 2023 recognition earlier in the same month, highlighting PolicyStreet’s consistent dedication to providing Purposeful and Simple insurance solutions that meet the evolving needs of its customers.

With a focus on bridging technology and insurance for impact, PolicyStreet remains committed to making insurance more accessible, convenient, and affordable for consumers and businesses in the region, focusing on the underserved target segments.

For more information about PolicyStreet and its award-winning insurtech solutions, visit www.policystreet.com.


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