PolicyStreet
Malaysia-licensed insurtech distributing embedded insurance and Takaful-compliant employee benefits through 40+ partner insurers
PolicyStreet (legal entity Polisea Sdn. Bhd.) is a Malaysia-licensed insurtech offering embedded insurance, employee benefits, insurance aggregation, and financial advisory through more than 40 partner life, general, and Takaful insurers. It is licensed by Bank Negara Malaysia as a Financial Adviser and Islamic Financial Adviser, and its group entity holds Reinsurer, General Insurer, and ReTakaful Operator licenses under Malaysia's Labuan Financial Services Authority. Backed by Khazanah Nasional Berhad, it reports more than 5 million customers and over US$10 billion in total sum insured; pricing for embedded and B2B products is by custom quote, not published.
- ✓Dual conventional and Takaful (Shariah-compliant) licensing under Bank Negara Malaysia, covering both insurance markets on one platform
- ✓40+ partner insurers gives broad product aggregation rather than a single-carrier offering
- ✓Backed by Khazanah Nasional Berhad, giving it institutional credibility uncommon among regional insurtechs
- ✓Cross-border regulatory footprint (Labuan reinsurance license, ASIC registration in Australia) beyond a single-market broker
- ×No published pricing for embedded insurance, employee benefits, or B2B integration — requires direct sales contact
- ×Primary regulatory home and product depth is Malaysia; no stated direct licensing or operations in Thailand, Vietnam, Indonesia, or the Philippines
- ×No stated named e-commerce, payment, or logistics platform integrations for embedded insurance checkout flows
- ×Employee benefits and embedded insurance are enterprise/B2B sales motions, not self-serve sign-up
About PolicyStreet
PolicyStreet is the consumer and business brand of Polisea Sdn. Bhd., a Malaysia-headquartered insurtech licensed by Bank Negara Malaysia (BNM) as both a Financial Adviser and an Islamic Financial Adviser. It distributes embedded insurance, customized employee benefits, financial advisory, and insurance aggregation products by partnering directly with more than 40 life, general, and Takaful insurance providers, giving it both conventional and Shariah-compliant coverage on one platform. Beyond Malaysia, the wider Polisea Group of Companies holds Reinsurer, General Insurer, and ReTakaful Operator licenses under Malaysia's Labuan Financial Services Authority (LFSA) and is a registered Australian Financial Services Licensee under ASIC. Backed by Khazanah Nasional Berhad, Malaysia's sovereign wealth fund, PolicyStreet reports serving more than 5 million customers with total sum insured exceeding US$10 billion, and was named Fintech of the Year at The Asset's 2024 Triple A Digital Awards.
Key Features
Best For
Southeast Asia Fit
PolicyStreet is a Bank Negara Malaysia-licensed insurtech built around Malaysia's dual conventional and Takaful insurance system, operating as both a licensed Financial Adviser and Islamic Financial Adviser while distributing through more than 40 partner insurers — addressing the low insurance penetration commonly cited as a structural gap across the Malaysian and wider Southeast Asian market.
- Thailand fit
- None. PolicyStreet's published licensing and operations are in Malaysia (Bank Negara Malaysia, Labuan FSA) and Australia (ASIC); no Thailand licensing or product presence was found.
- SEA localization
- Malaysia-first. PolicyStreet's site, licensing (BNM, Labuan FSA), and Takaful product line are built specifically for the Malaysian conventional and Islamic insurance market, with English and Bahasa Malaysia language support; no stated presence in Indonesia, Vietnam, Thailand, or the Philippines.
- Malaysia
- SEA
- ↗Polisea Sdn. Bhd., under the brand PolicyStreet, collaborates with 40+ life, general, and Takaful providers; is licensed by Bank Negara Malaysia as a Financial Adviser and Islamic Financial Adviser; Polisea Group holds Reinsurer/General Insurer/ReTakaful Operator licenses under Labuan FSA and is an ASIC-registered Australian Financial Services Licensee; backed by Khazanah Nasional Berhad; 5 million+ customers, US$10 billion+ total sum insured; named Fintech of the Year at The Asset's 2024 Triple A Digital Awardsverified 2026-08-19
- ↗PolicyStreet Official Website
- ↗PolicyStreet Pricing Plans
- ↗SEA Operational Audit 2026
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Related Analysis & Guides
The questions operators actually ask.
What is PolicyStreet?
PolicyStreet is the brand of Polisea Sdn. Bhd., a Malaysia-headquartered insurtech offering embedded insurance, employee benefits, insurance aggregation, and financial advisory, distributed through more than 40 partner life, general, and Takaful insurers.
Is PolicyStreet Shariah-compliant?
Yes. PolicyStreet is licensed by Bank Negara Malaysia as an Islamic Financial Adviser in addition to a conventional Financial Adviser license, so it can offer Takaful products alongside conventional insurance.
How many insurance partners does PolicyStreet work with?
PolicyStreet states it collaborates directly with more than 40 life, general, and Takaful insurance providers.
Does PolicyStreet operate outside Malaysia?
Its group entity, Polisea, holds Reinsurer, General Insurer, and ReTakaful Operator licenses under Malaysia's Labuan Financial Services Authority and is a registered Australian Financial Services Licensee under ASIC. The consumer- and business-facing PolicyStreet brand's primary published market is Malaysia.