# PolicyStreet

> PolicyStreet is a Malaysia-based, full-stack insurtech group that makes insurance simpler and more accessible across Southeast Asia and Australia. Founded in 2016 and operating under holding company Polisea, it works with more than 40 life, general and Takaful providers to deliver embedded insurance, employee benefits, gig-worker protection, financial advisory and an online insurance marketplace through B2B, B2B2C and direct-to-consumer channels. Backed by Khazanah Nasional, Cool Japan Fund and others, it has grown to serve over 10 million customers and turned profitable in 2025.

- **Founded:** 2016
- **Headquarters:** Kuala Lumpur, Malaysia
- **Founders:** Yen Ming Lee (Co-founder & Group CEO), Wilson Beh (Co-founder & Group COO), Winnie Chua (Co-founder & Chief Product Officer)
- **Team size:** 60+ employees (approx.)
- **Products:** Insurance Marketplace & Aggregation, Embedded Insurance, Employee Benefits & Digital HR Portal, Gig Workers Insurance & Claims Platform, Damage Protection Plan & Claims Platform
- **Notable:** Raised Malaysia's largest insurtech funding round - US$26 million Series C, Grew from 5 million to over 10 million customers, Surpassed US$10 billion in total sum insured

## Products & services

- **Insurance Marketplace & Aggregation** — An online platform to compare, buy and renew motor, life, general and Takaful policies from 40+ providers.
- **Embedded Insurance** — White-label and API-driven coverage embedded into partner platforms, apps and checkouts (B2B2C).
- **Employee Benefits & Digital HR Portal** — Customisable group coverage and a self-serve digital HR portal that lets SMEs manage benefits and claims.
- **Gig Workers Insurance & Claims Platform** — Coverage and a claims platform that lets gig workers monitor protection across multiple employers and submit claims anytime.
- **Damage Protection Plan & Claims Platform** — Product protection and device/damage coverage with a digital claims workflow.
- **Financial Advisory & Bespoke Digital Solutions** — Licensed advisory plus custom-built insurance technology for enterprise partners.

## Achievements

- Raised Malaysia's largest insurtech funding round - US$26 million Series C
- Grew from 5 million to over 10 million customers
- Surpassed US$10 billion in total sum insured
- Reported US$1M+ net profit in FY2025, reaching profitability
- Named Fintech of the Year at The Asset's Triple A Digital Awards 2024
- Won an Insurtech Innovation Award (2023) for its Gig Workers Claims Platform
- Protects 275,000+ gig workers across the region

## Latest updates

- **2026-04** — Closed the first tranche of its Series C at US$21 million, led by Cool Japan Fund - Malaysia's largest insurtech round.
- **2026-05** — Extended the Series C to US$26 million with an additional US$5 million from BlueOrchard, doubling down on embedded insurance across Asia.
- **2026-02** — Set a target to double revenue in 2026 following its first profitable financial year.

## Links

- Website: https://policystreet.com
- LinkedIn: https://www.linkedin.com/company/policystreet
- Twitter/X: https://twitter.com/policy_street
- Instagram: https://www.instagram.com/policystreet/
- Facebook: https://www.facebook.com/pg/PolicyStreetbyPolisea

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Profile page: https://yespress.io/policystreet
Published by YesPress — https://yespress.io
Last updated: 2026-07-25