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, which led to value creation for its customers, staff, shareholders, and investors.
The Most Value Creation category is new to the Top in Tech Innovation awards, judged by Dr V. Sivapalan, Senior Partner & Co-Founder of ScaleUp Malaysia Accelerator, Mohd Safuan Mohd Zair, Chief Ecosystem Development Officer of MRANTI, and Alan Ow, Managing Partner of Tenggara Capital Partners Sdn Bhd.
Commenting on the win, Winnie Chua, the Co-founder and Chief Product Officer of PolicyStreet says, “PolicyStreet has always been guided by our mission to provide consumers with the insurance protection they need. Receiving the Most Value Creation award at the Top in Tech Innovation Awards reaffirms the milestones of our efforts in working to help close the protection gap.
“We are honoured to accept this award and remain committed to continuing our work to make insurance purposeful and simple for businesses and consumers. We would also like to thank our investors and industry mentors for their support and guidance, which has enabled us to continuously add value to the communities in which we operate,” adds Winnie.
About PolicyStreet
PolicyStreet is an insurance technology group of companies providing cutting-edge digital insurance solutions to businesses and consumers in Southeast Asia and Australia.
PolicyStreet works directly with over 40 life, general, and takaful providers globally to offer a comprehensive range of products and services which includes but is not limited to embedded insurance, customised employee benefits, financial advisory and aggregation of insurance, as well as the development of digital solutions to make insurance simple, easy, and meaningful for all.
As a licensed Reinsurer and General Insurer by the Labuan Financial Services Authority and an approved Financial Adviser and Islamic Financial Adviser by Bank Negara Malaysia, PolicyStreet is able to underwrite, customise policies, and provide unbiased advice to its business partners worldwide.
Through its regional group of companies, it serves more than 500,000 customers with over US$ 4 billion in sum insured. In 2022, it was named as one of the 100 Leading Emerging Giants in the Asia Pacific by KPMG and HSBC and was awarded the Young Entrepreneurs’ Award in 2020 by ASEAN Business Advisory Council (ASEAN-BAC).
