Contact person: Yen Ming Lee
Email address: [email protected]
Contact number: +60172000164
Asia and ANZ
The Digital Insurer Startup InsurTech Award
PolicyStreet is an insurance technology company which advances inclusive insurance in South East Asia. It is a marketing and technology partner for insurance providers and an online curated market place that offers the best-in-value insurance products for its target audience. Policystreet acts as an intermediator between consumers and insurers who ultimately provide the balance sheet risk and regulatory cover.
Its mission is to get everyone adequately protected without worrying about rigid policies and confusing fine print by empowering consumers with the right insurance knowledge and awareness to make informed decisions.
PolicyStreet democratizes the insurance industry by making insurance sexy, fun and appealing to the millennials of today. It works in an inclusive ecosystem where it enable customers to buy the policies online whilst ensuring the best-in-class service levels.
The company is the winner of Seedstars Global KL, the world’s largest seed-stage startup competition.
In just 15 months of operations, PolicyStreet has protected more than 1,500 lives and underwritten more than USD40million of pure protection in terms of sum assured with over USD200,000 in written premiums.
PolicyStreet also recently raised USD500,000 in seed funding from KK Fund. It is looking forward to building and curating new micro insurance products that people need because it believes existing products are just not enough in today's changing market.