AIRASIA money’s latest digital car insurance service on the airasia Super App (airasia.com/money) starting today is poised to break into the turf so synonymous with e-government services provider MyEG Services Bhd.
In its partnership with PolicyStreet, the digital car insurance service includes insurance and road tax renewal services which allow car owners to make price comparison of various insurance providers before choosing the best deal.
It also offers add-on coverage such as windscreen, flood, extra drivers and road tax home delivery service. PolicyStreet has been recognised as one of Asia’s Top 10 InsurTech start-ups by Insurance Business Magazine Asia 2020.
“Partnering with the best online insurance platform, PolicyStreet, we aim to provide simple, easy and affordable insurance service to over 36 million airasia Super App users and car owners,” commented airasia money head Mohamad Hafidz Mohd Fadzil.
“airasia money’s expansion plan is on track as we will be launching our offerings in Indonesia in 4Q 2021, insurance and investment services in Malaysia in 4Q 2021 and digital car insurance premium instalment plans in 1Q 2022.”
The partnership with PolicyStreet allows airasia money to offer comprehensive digital car insurance from underwriters such as Tune Protect Group Bhd, AXA Affin General Insurance Bhd, Etiqa General Takaful Bhd, Syarikat Takaful Malaysia Am Bhd, among others.
Customers can renew their digital car insurance by visiting airasia.com/money or via airasia Super App. All they need to do is fill in their personal and car details, and get the best deal from over 10 quotations in just 60 seconds.
Upon purchase, they will receive the e-Policy via their e-mail within five minutes. For the road tax renewal service, airasia money through MYEG provides home delivery nationwide between two and five working days.
“With this integrated solution, airasia customers can seamlessly buy insurance policies at their fingertips,” noted PolicyStreet’S CEO Lee Yen Ming. “We have also partnered with insurers to bring down the cost of insurance exclusively for airasia customers.”
An online insurance platform, PolicyStreet is the first and only InsurTech approved by Bank Negara Malaysia (BNM) with a financial adviser and Islamic financial adviser license.
To celebrate this latest product offering, airasia money is running a contest offering a grand prize of Perodua Axia 1.0 Lava Red GExtra. Any car owner can participate when they renew their car insurance with airasia money from now until Nov 2. No minimum insurance premium is required. – Aug 17, 2021
