Best InsurTech Companies in Malaysia
The 42 best InsurTech companies in Malaysia in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Jirnexu.
- Top Insurtech Companies
- InsurTech Market Set for 35% CAGR Surge in 2024-30 Outlook
Our analysis of 50 InsurTech companies
$13.8b in tracked funding; 100% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best InsurTech companies in Malaysia
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Jirnexu Customer engagement solutions for banks | $28M | 92 mo ago | Series B | James Wong Co-Founder & Director & CBDO | 2012 | Apple iCloud MailGoogle WorkspaceAmazon Web Services+7 | — |
| 2 | PolicyStreet Insurance technology platform providing digital insurance solutions | $24M | 39 mo ago | Series B | Wilson Beh Co-Founder | 2016 | TypeScriptGoogle CloudZone.js+16 | — |
| 3 | iMoney Financial products comparison platform | $6M | 143 mo ago | Acquired | — | 2012 | WordPressMySQLPHP+34 | — |
| 4 | VSure App-based on-demand insurance platform for life and non-life insurances | $3M | 60 mo ago | Seed | Cheryl Lee Co-Founder/ Finance Business Partner | 2017 | — | — |
| 5 | BookDoc Appointment booking platform for patients and healthcare professionals | $2M | 102 mo ago | Seed | Dato Beh Co-Founder | 2015 | ZohoGoogle MapsUbuntu+19 | 1 job opening |
| 6 | Ouch Provider of insurance policy management solutions | $2M | 22 mo ago | Seed | Shazy Noorazman CEO | — | Node.jsFacebook LoginApple Sign-in+19 | — |
| 7 | Katsana Provider of web-based fleet management and GPS tracking services | $890K | 116 mo ago | Seed | — | 2013 | Tailwind CSSReactGatsby+16 | 1 launch |
| 8 | Finology Provider of API-driven digital lending and insurance solutions | $500K | 35 mo ago | Seed | Jared Ern Co-Founder & Director | 2010 | Node.jsAnimate.cssEmotion+15 | — |
| 9 | Oyen Online pet health insurance platform | $420K | 49 mo ago | Seed | Michelle Chin Co-Founder & COO | 2021 | Webflow EcommerceWebflowAmazon ALB+29 | — |
| 10 | AI Concept Cloud-based insurance claim and agency management solutions for the insurance industry | $262K | 54 mo ago | Seed | Steven Lim Nam Teng CEO | 2019 | — | — |
Top 11 InsurTech companies in Malaysia
#1
Seed · Kuala Lumpur, Federal Territory of Kuala Lumpur$1.5Mraised▾
Provider of insurance policy management solutions. It allows its users to manage their policies and purchase new policies, pay their insurance premiums, and make claims. Its application is available on Android and IOS platforms.
#2
Series B · Kuala Lumpur, Federal Territory of Kuala Lumpur · founded 2016 · 75 employees$23.7Mraised▾
Provider of online insurance services intended to democratize the insurance industry. The company's platform curates new products and policies that fit the lifestyle needs of the people, enabling customers to buy the policies directly and avail of all the services.
#3
Series B · Kuala Lumpur, Federal Territory of Kuala Lumpur · founded 2012 · 102 employees$27.5Mraised▾
Customer engagement solutions to banks. It offers mobile-first campaigns and end-to-end customer lifecycle solutions. It also provides digital marketing and inbound/outbound sales to online lead conversion. It serves banking, insurance, telecommunications, and e-commerce industries.
- Dec 2018Series B$10M
- May 2018Series B$11M
- Oct 2017Series A$2M
- Mar 2017Series A$1.5M
#4
Seed · Kuala Lumpur, Federal Territory of Kuala Lumpur · founded 2010$500Kraised▾
Provider of API-driven digital lending and insurance solutions. It offers embedded, seamless end-to-end experiences for instant loan approvals and insurance purchases and claims processing. Additionally, it provides AI-powered solutions to transform customer engagement and a marketplace to promote financial products. These solutions are designed for banking, property, automotive, and insurance industries, as well as digital players.
- Sep 2023Seed—
- May 2021Seed$500K
- Dec 2018Grant (prize money)$12.3K
- Apr 2015Angel$492.6K
#5
Seed · Kuala Lumpur, Federal Territory of Kuala Lumpur · founded 2017 · 28 employees$2.8Mraised▾
App-based on-demand insurance platform for life and non-life insurances. It offers health insurance, home insurance, life protection, travel insurance, personal accident protection, motor insurance, and more. It also offers employees benefits solutions. The app is available for iOS and Android platforms.
- Aug 2021Seed$2.8M
#6
Acquired · Kuala Lumpur, Federal Territory of Kuala Lumpur · founded 2012 · 23 employees$6.5Mraised▾
iMoney is a financial product comparison platform. Users can search and compare credit cards, debit cards, personal loans, small business loans, and Islamic financing products. Users can also compare Islamic fixed deposits, savings accounts, investment products, and broadband plans.
- Sep 2014Series B$4M
- Oct 2013Series A$2M
- Jun 2013Seed$500K
#7
Seed · Kuala Lumpur, Federal Territory of Kuala Lumpur · founded 2021 · 23 employees$420Kraised▾
Online pet health insurance platform. It offers quotes for cats and annual insurance. It offers coverage for accidents, illnesses, injuries, emergencies, physical disability, burial costs and third-party injury or damage. It offers vet medical benefits for dogs. It also offers claims processing services.
- Jul 2022Seed—
- Jun 2021Seed$420K
#8
Seed · Petaling Jaya, Selangor · founded 2015 · 31 employees$2.3Mraised▾
Malaysia-based BookDoc is a booking app that connects patients with healthcare professionals. Doctors can list the practice and manageth bookings using the platform. Users can select professionals from the directory and book appointments.
- Feb 2018Seed$2.3M
- Jun 2017Angel—
- Feb 2017Angel—
- Jan 2016Seed—
#9
Seed · Port Klang, Selangor · founded 2019$261.6Kraised▾
Cloud-based insurance claim and agency management solutions for the insurance industry. It offers solutions for insurance product price comparison, payment management, quotation management, and more. It also offers marketing campaigns solutions for businesses.
- Mar 2022Seed$261.6K
#10
Seed · Kuala Lumpur, Federal Territory of Kuala Lumpur · founded 2013 · 30 employees$890Kraised▾
Provider of web-based fleet management and GPS tracking services. Its prediction engine tracks driver behavior patterns, scoring drivers based on actual risk on the road, and engaging them to become better drivers. It provides GPS tracking and fleet management solution. It uses web technology and a modern user interface. It employs advanced GPS trackers that utilize both GPS and GLONASS positioning systems. It provides redundancy and augmented precision capability.
- Dec 2016Seed$890K
- 2016Venture Debt—
- 2016Grant (prize money)—
#11
Seed · Cyberjaya, Selangor · founded 2018 · 10 employees$46.4Kraised▾
Agiliux provides cloud-based insurance software suite for the insurance industry. It offers software for policy management, claims management, product development, and more. It also offers solutions for quoting, agency management, policy management, sales & marketing, and more.
- Apr 2020Seed$46.4K
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of InsurTech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Insurtech is moving in Malaysia
A read on the academic research around Insurtech — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 5 Malaysia-affiliated papers.
- Northern University of Malaysia2
- Universiti Sains Malaysia1
- Universiti Sains Islam Malaysia1
- Multimedia University1
- University of Kuala Lumpur1
- Conceptual model1
- Conceptual framework1
- Industrial organization1
- Value (mathematics)1
- Competitive advantage1
- Perspective (graphical)2
- Islam1
- Terminology1
- Conceptual framework1
- Stakeholder1
Common questions
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.