airasia money partners with PolicyStreet to offer digital car insurance


  • Partners with PolicyStreet to offer digital insurance to Super App users
  • Claims to get over 10 quotes in just 60 seconds

Car owners who renew their car insurance will not only get the best deal in town, but even have a chance to win a car, as airasia money introduces a digital car insurance service on the super airasia app.

In a statement, the company said it has partnered with PolicyStreet, the digital car insurance service that includes insurance renewal and road tax, allowing car owners to compare prices of various insurers before choosing the best offer.

airasia money partners with PolicyStreet to offer digital car insuranceIt also offers additional coverage such as windshield, flood, additional drivers and road tax home delivery service, he added.

“Customers can expect more fintech offerings on the airasia super app as we continue to grow, innovate and stay relevant in the market through airasia money,” said Amanda Woo. (Photo)Chairman and Chief Executive Officer (CEO) of airasia Super App.

“Our partnership with PolicyStreet allows us to bring more options, value and speed to the digital auto insurance marketplace,” she added.

“Our goal is to provide a simple, easy and affordable insurance service to over 36 million airasia Super App users and car owners,” said Mohamad Hafidz Mohd Fadzil, CFO of airasia.

He added that airasia money’s expansion plan is on track as we will launch its offerings in Indonesia in the fourth quarter of 2021, insurance and investment services in Malaysia in the fourth quarter of 2021 and installment plans. in digital car insurance premiums in the first quarter of 2022.

The partnership with PolicyStreet enables airasia money to offer comprehensive digital car insurance to underwriters such as Tune Protect Group Bhd, AXA Affin General Insurance Bhd, Etiqa General Takaful Bhd, Syarikat Takaful Malaysia Am Bhd, among others, the super app said. airasia.

PolicyStreet also complements the airasia Super App strategy with its digital platform powered by an application programming interface (API), real-time technology and integration with 10 insurers.

Customers can renew their digital auto insurance by visiting airasia.com/money or through the airasia super app. All they have to do is fill in their personal and car details, and get the best deal from more than 10 quotes in just 60 seconds, he said.

Upon purchase, they will receive the electronic policy via their email within five minutes. For the road tax renewal service, airasia money via MYEG provides door-to-door delivery nationwide within two to five working days, he added.airasia money partners with PolicyStreet to offer digital car insurance

“With this integrated solution, airasia customers can easily purchase insurance policies at their fingertips,” said Lee Yen Ming. (Photo), CEO of PolicyStreet. “We have also partnered with insurers to reduce the cost of insurance exclusively for airasia customers,” he added.

An online insurance platform, PolicyStreet claimed to be the first and only InsurTech approved by Bank Negara Malaysia (BNM) with a Financial Advisor and Islamic Financial Advisor license.

To celebrate this latest product offering, airasia money is holding a contest offering a grand prize of Perodua Axia 1.0 Lava Red GExtra. Any car owner can participate when renewing their car insurance with airasia money until November 2. No minimum insurance premium is required.

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