PolicyStreet

Making Insurance Purposeful and Simple for businesses and consumers

General Information
Company Name
PolicyStreet
Founded Year
2016
Location (Offices)
Malaysia +1
Founders / Decision Makers
Number of Employees
120
Industries
Finance, Financial Services, Fintech +2
Funding Stage
Series B
Social Media

PolicyStreet - Company Profile

PolicyStreet is a leading insurance technology group based in Malaysia, offering innovative digital insurance solutions to businesses and consumers in Southeast Asia and Australia. The company collaborates with over 40 global life, general, and takaful providers to provide a wide array of insurance products and services, including embedded insurance, customized employee benefits, financial advisory, and aggregation of insurance. As a licensed Reinsurer, General Insurer, and Takaful Operator, PolicyStreet can underwrite, customize policies, and offer unbiased advice to clients and partners globally.

Backed by the Malaysian sovereign wealth fund, Khazanah Nasional Berhad, PolicyStreet serves a customer base of over 5 million with a sum insured exceeding US$ 10 billion. The company received acclaim, winning the title of "Fintech of the Year" at The Asset's Triple A Digital Awards in 2024 and securing the second-highest ranking among Malaysian companies in the "High-Growth Companies in Asia Pacific 2024" list by Statista and The Financial Times.

In 2023, PolicyStreet received a MYR67.00M Series B investment led by Spiral Ventures, Gobi Partners, Khazanah Nasional Berhad, and Altara Ventures, further empowering the company's expansion and technological advancement. With its goal to make insurance purposeful and simple, PolicyStreet demonstrates strong potential for growth and disruption in the fintech and insurtech sectors. As a result, the company stands as an attractive investment opportunity for venture capitalists.

Taxonomy: Insurtech, Digital Insurance Solutions, Employee Benefits, Financial Advisory, Insurance Aggregation, Reinsurer, Takaful Operator, Licensed Financial Adviser, Sum Insured, High-Growth Companies, Group Insurance Coverage, General Insurances, Motor/Car Insurance Policies, Partnerships

Funding Rounds & Investors of PolicyStreet (6)

View All
Funding Stage Amount No. Investors Investors Date
Series B MYR67.00M 4 23 May 2023
Series A MYR25.00M 3 28 Sep 2021
Series A $1.80M 2 01 Jun 2020
Equity Crowdfunding MYR5.30M 1 Malaysian Co-investment Fund (MyCIF) 01 Apr 2020
Seed Round $500.00K 1 06 Sep 2017

View All 6 Funding Rounds

Latest News of PolicyStreet

View All

No recent news or press coverage available for PolicyStreet.

Similar Companies to PolicyStreet

View All
HL Assurance - Similar company to PolicyStreet
HL Assurance Providing comprehensive insurance solutions for every aspect of life, from personal accidents and car insurance to cyber and commercial coverage.
Smartchoice - Similar company to PolicyStreet
Smartchoice Insurance aggregator making it simple and affordable for 200M Pakistanis to compare and buy insurance instantly
China Taiping Insurance (Singapore) Pte. Ltd. - Similar company to PolicyStreet
China Taiping Insurance (Singapore) Pte. Ltd. To create well-being in life and peace of mind.
Salama Islamic Arab Insurance Co. - Similar company to PolicyStreet
Salama Islamic Arab Insurance Co. Shaping tomorrows, together.
Pak-Qatar Group - Similar company to PolicyStreet
Pak-Qatar Group Pakistan's Pioneer and the Largest Takaful Group