PRESS RELEASE | PolicyStreet Group
PolicyStreet Recognised for its Growth at Alibaba Cloud’s AsiaStar 10x10 Campaign
7 Nov 2022
KUALA LUMPUR, 7 November 2022 – PolicyStreet was recognised by the Alibaba Cloud’s AsiaStar 10×10 Campaign as one of the winners for the Growth category at the Aspara Startup Day—a satellite event of the Apsara Conference on 4 November. The recognition by Alibaba Cloud underlines PolicyStreet’s efforts to innovate and drive change within the regional insurance landscape.
The AsiaStar 10x10 Campaign is part of Alibaba Cloud’s Project AsiaForward initiative, bringing together key players in the Southeast Asian innovation ecosystem and recognising 100 companies, communities, and projects that have created meaningful change in the region over the past year. The Growth award recognises promising early-stage startups that have raised funds up to Series B, developing unique and potential market-changing products and solutions.
“Being among the leaders in the insurtech landscape, we’re dedicated to developing digital solutions that address the pain points of the people. We’re committed to simplifying the process to make insurance simple, easy, and meaningful for all consumers through technological solutions,” says Darren Chong, Chief of Technology Management of PolicyStreet.
The award assessed the insurtech company’s innovativeness, product coverage, management and investor background, and growth potential.
“We’re honoured to be named among the Growth Award winners of the AsiaStar 10×10 Campaign. We strive to continue our efforts to innovate within the insurtech landscape and lower the barriers for consumers to safeguard their future by becoming adequately insured,” says Lee Yen Ming, Chief Executive Officer of PolicyStreet.
Among PolicyStreet’s latest digital innovations includes the Digital HR Portal which simplifies Group Medical Insurance processes for small to medium enterprises. To help close the protection gap, PolicyStreet is offering FREE access to the portal with every Group Medical Insurance policy undertaken from now until 31 December.
