Kuala Lumpur, 8 December 2022 – Qoala grows its list of insurance partners by onboarding AmGeneral Insurance Berhad, widening its policy options for car and motorcycle insurance. The partnership strengthens the insurtech as Malaysia’s most comprehensive insurance and takaful marketplace.
“We are excited to have AmGeneral Insurance with us to simplify the Malaysian public’s insurance journey. The partnership will enable customers to have greater options in choosing products that best fit their needs, making Qoala a true one-stop centre for all insurance and takaful needs”, said Akash Sharma, Head of Qoala Malaysia.
“We are pleased to engage Qoala as one of our distribution partners, providing another avenue for customers to obtain insurance protection that covers their needs”, said Martin Bridger, CEO of AmGeneral Insurance.
To date, Qoala has seven insurance and takaful partners in Malaysia covering car, motorcycle, property, personal accidents, travel and health. Among them are AmGeneral Insurance, AXA Affin General Insurance (is now known as Generali Malaysia), Etiqa General Insurance & Takaful, Lonpac Insurance, Takaful IKHLAS, Tune Protect, and Zurich General Insurance & Takaful.
Synonymous with being a convenient, transparent and affordable insurance and takaful marketplace, Qoala has seen strong growth this year on the back of product offerings expansion and insurance partners onboarded. The growth is expected to contribute 11-fold revenue by year-end.
Qoala is a startup in insurance technology (insurtech) with a mission to democratise insurance through a combination of new product development supported by machine learning-based claim processes. Qoala operates in three countries; Indonesia, Malaysia, and Thailand offering various insurance and takaful protections ranging from cars, motorcycles, property, personal accidents, travel, and health that can be accessed quickly, easily and transparently through the Qoala application or website.
Jeremy JEESANDARAN | PR Associate, Qoala Malaysia | firstname.lastname@example.org | +6016 312 7360