FWD Startup Studio Accelerator Opens Applications for Asia-based Startups

Application for <a href="https://fwdstartupstudio.com/accelerator">FWD Startup Studio Accelerator Programme</a> is now open, with a focus on Asia-based startups that are venture-backed in insurtech or adjacent verticals.

FWD Startup Studio, in collaboration with <a href="https://1337.ventures/">1337 Ventures</a>, is thrilled to announce the 5th cohort of FWD Startup Studio Accelerator, a game-changing 13-week programme designed to catapult your insurtech or adjacent vertical startups to new heights. If you have a brilliant idea for a collaboration with FWD Insurance in Malaysia, this is an opportunity you don't want to miss!

The FWD Startup Studio Accelerator aims to bring together the brightest minds in the industry, fostering innovative collaborations and potentially leading to proofs of concept (POC). Aspiring startups seeking to enrich their ventures through a strategic partnership with FWD Insurance in Malaysia are encouraged to apply.

"Startups bring new ideas to traditional businesses and industries, which aligns closely with our vision of changing the way people feel about insurance. Through our Startup Studio Accelerator as well as TIM Ventures, our venture capital fund, we are keen to identify outstanding startups, work together with them and help them grow, leveraging on our presence in 10 markets across Asia," said Ryan Kim, Group Chief Digital &amp; Marketing Officer, FWD Group.

The accelerator programme offers a plethora of benefits for participating startups:

Industry expertise: Gain unprecedented access to decision-makers within FWD Insurance and esteemed mentors who can provide invaluable guidance, open doors to collaborations, and facilitate partnerships.

Acceleration of growth: Fast-track the development of your collaboration to a real proof of concept (POC) before the accelerator programme concludes, giving your startup the momentum it needs to thrive.

Fundraising opportunities: Connect with prominent investors such as TIM Ventures and 1337 Ventures, expanding your network within the investor community. Exceptional collaboration ideas may even unlock the potential for Venture Capital funding.

Access to customers and markets: Successfully piloting your idea in Malaysia could spark interest from other FWD branches in different countries, opening doors to new markets and potential scaling opportunities.

Resource support: Empower your startup with over USD 20K worth of credits on digital infrastructure and cloud services, providing essential resources to fuel your growth.

Networking and community: Join a vibrant community of like-minded entrepreneurs and global insurtech and adjacent vertical leaders, fostering meaningful connections that could propel your startup to new heights.

Bikesh Lakhmichand, Founding Partner of 1337 Ventures, stated, "<a href="https://fwdstartupstudio.com/accelerator">The FWD Startup Studio Accelerator</a> presents an incredible opportunity for startups to engage with FWD Insurance to explore a proof of concept (POC) solution and access to decision-makers and mentors within FWD Group. We are eager to support and witness the growth of promising startups in the insurtech and fintech space.”

Venture-backed seed stage Asia-based startups who are in the insurtech or adjacent verticals are encouraged to apply and develop a proof of concept (POC) design with FWD Malaysia.

The startups who participated in the previous cohorts have walked away from the accelerator better equipped to be game changers within their respective industries. Past participants include; BlueDuck, Kapitani, Finory, Betterteem, Koha, Safyer, Cashku, eHibah, CoreHalal, Du-It, Marion, Protos Labs, uPledge, Warantee and more.

Join us in an upcoming webinar on 17 August 2023, to learn more about this accelerator, RSVP at <a href="https://bit.ly/eventfwdc5">https://bit.ly/eventfwdc5</a>

Applications are open now, and the deadline for submissions is 28 August 2023. FWD Startup Studio Accelerator will begin on 5 September 2023. For more information and to apply, please visit <a href="https://fwdstartupstudio.com/accelerator">https://fwdstartupstudio.com/accelerator</a>.

<h1>FWD Startup Studio Accelerator Opens Applications for Asia-based Startups</h1>FWD Startup Studio, in collaboration with 1337 Ventures, is thrilled to announce the 5th cohort of FWD Startup Studio Accelerator (https://fwdstartupstudio.com/accelerator), a game-changing 13-week programme designed to catapult your insurtech or adjacent vertical startups to new heights. If you have a brilliant idea for a collaboration with FWD Insurance in Malaysia.FWD Startup Studio Accelerator Opens Applications for Asia-based StartupsApplication for <a href="https://fwdstartupstudio.com/accelerator">FWD Startup Studio Accelerator Programme</a> is now open, with a focus on Asia-based startups that are venture-backed in insurtech or adjacent verticals.FWD Startup Studio, in collaboration with <a href="https://1337.ventures/">1337 Ventures</a>, is thrilled to announce the 5th cohort of FWD Startup Studio Accelerator, a game-changing 13-week programme designed to catapult your insurtech or adjacent vertical startups to new heights. If you have a brilliant idea for a collaboration with FWD Insurance in Malaysia, this is an opportunity you don't want to miss!The FWD Startup Studio Accelerator aims to bring together the brightest minds in the industry, fostering innovative collaborations and potentially leading to proofs of concept (POC). Aspiring startups seeking to enrich their ventures through a strategic partnership with FWD Insurance in Malaysia are encouraged to apply.<img style="max-width:100%;height:auto;" src="https://vritimes-public.s3.ap-southeast-1.amazonaws.com/production/1b6d9a753c25e8e06489df319c1a36e3266886ce1ff09653c57c933411f71dce/RyanKim-FWDGroup%20copy.jpg" alt="Ryan Kim, Group Chief Digital &amp; Marketing Officer, FWD Group"/>"Startups bring new ideas to traditional businesses and industries, which aligns closely with our vision of changing the way people feel about insurance. Through our Startup Studio Accelerator as well as TIM Ventures, our venture capital fund, we are keen to identify outstanding startups, work together with them and help them grow, leveraging on our presence in 10 markets across Asia," said Ryan Kim, Group Chief Digital &amp; Marketing Officer, FWD Group.The accelerator programme offers a plethora of benefits for participating startups:Industry expertise: Gain unprecedented access to decision-makers within FWD Insurance and esteemed mentors who can provide invaluable guidance, open doors to collaborations, and facilitate partnerships.Acceleration of growth: Fast-track the development of your collaboration to a real proof of concept (POC) before the accelerator programme concludes, giving your startup the momentum it needs to thrive.Fundraising opportunities: Connect with prominent investors such as TIM Ventures and 1337 Ventures, expanding your network within the investor community. Exceptional collaboration ideas may even unlock the potential for Venture Capital funding.Access to customers and markets: Successfully piloting your idea in Malaysia could spark interest from other FWD branches in different countries, opening doors to new markets and potential scaling opportunities.Resource support: Empower your startup with over USD 20K worth of credits on digital infrastructure and cloud services, providing essential resources to fuel your growth.Networking and community: Join a vibrant community of like-minded entrepreneurs and global insurtech and adjacent vertical leaders, fostering meaningful connections that could propel your startup to new heights.Bikesh Lakhmichand, Founding Partner of 1337 Ventures, stated, "<a href="https://fwdstartupstudio.com/accelerator">The FWD Startup Studio Accelerator</a> presents an incredible opportunity for startups to engage with FWD Insurance to explore a proof of concept (POC) solution and access to decision-makers and mentors within FWD Group. We are eager to support and witness the growth of promising startups in the insurtech and fintech space.”<img style="max-width:100%;height:auto;" src="https://vritimes-public.s3.ap-southeast-1.amazonaws.com/production/bdd525a3a1891fd77b6c95d9c35cc1b3ee754577759db5976004b2da4c7e52be/Bikesh-1337Ventures.jpg" alt="Bikesh Lakhmichand, Founding Partner of 1337 Ventures."/>Venture-backed seed stage Asia-based startups who are in the insurtech or adjacent verticals are encouraged to apply and develop a proof of concept (POC) design with FWD Malaysia.The startups who participated in the previous cohorts have walked away from the accelerator better equipped to be game changers within their respective industries. Past participants include; BlueDuck, Kapitani, Finory, Betterteem, Koha, Safyer, Cashku, eHibah, CoreHalal, Du-It, Marion, Protos Labs, uPledge, Warantee and more.Join us in an upcoming webinar on 17 August 2023, to learn more about this accelerator, RSVP at <a href="https://bit.ly/eventfwdc5">https://bit.ly/eventfwdc5</a>Applications are open now, and the deadline for submissions is 28 August 2023. FWD Startup Studio Accelerator will begin on 5 September 2023. For more information and to apply, please visit <a href="https://fwdstartupstudio.com/accelerator">https://fwdstartupstudio.com/accelerator</a>.Established in 2012, 1337 Ventures is Malaysia’s first accelerator programme and early-stage accelerator. Pioneering the Design Thinking Methodology and Design Sprints in Malaysia, 1337 Ventures has utilised its learning to accelerate the growth of over 2,500 startups from 6 different countries. 1337 Ventures has launched accelerators for MNCs and GLCs such as Bank Negara Malaysia, Khazanah Nasional, Telekom, Digi, MDEC, CIMB and Maybank, to name a few. More recently, 1337 Ventures is proud to be one of the three new recipients of the Equity Crowdfunding license from the Securities Commission. 

To find out more about 1337 Ventures, please visit www.1337.ventures. 

-------

About FWD Startup Studio
FWD Startup Studio is a leading innovation and accelerator platform that empowers startups to realise their full potential and drive transformative change in the insurance, takaful and adjacent sectors. With a commitment to fostering innovation, FWD Startup Studio provides startups with access to industry expertise, resources, and collaboration opportunities to accelerate their growth.Shannon Chow
Head of Marketing, 1337 Ventures
shannon@1337.ventures

Life insurance / Non-life insurance

Venture Capitals

Event

Startups

FWD Startup Studio, in collaboration with 1337 Ventures, is thrilled to announce the 5th cohort of FWD Startup Studio Accelerator (https://fwdstartupstudio.com/accelerator), a game-changing 13-week programme designed to catapult your insurtech or adjacent vertical startups to new heights. If you have a brilliant idea for a collaboration with FWD Insurance in Malaysia.

Touch ‘n Go Group announced that it has launched 2 new insurance products, CI Insure and MotoInsure on its e-wallet in a bid to become a one-stop insurance hub.

The CI Insure offering is a health insurance provided by AIA, which covers the top 5 critical illnesses in Malaysia, i.e. cancer, heart attack, stroke, kidney failure, and serious coronary artery disease.

They can get an insurance plan at RM10 per month, with the sum insured ranging from RM30,000, RM50,000, and RM100,000.

Users between the ages of 18 to 60 years old just needs to answer 3 simple health questionnaires and no medical check-up is required. The application process is said to take just 3 minutes and the insurance policy is issued instantly.

Meanwhile, MotoInsure is a customisable motorcycle insurance product that allows users to receive and compare multiple quotes from insurance partners such as Takaful Ikhlas and Takaful Malaysia, with more to come.

Touch ‘n Go eWallet users can customise their plans with coverage types and other add-on benefits to meet their specific needs.

In addition, MotoInsure also offers the option of enabling its users to renew their road tax with their insurance.

The entire application procedure is said to take 3 minutes and users can expect to receive their insurance e-policy within 24 hours and their road tax within 3-5 working days.

<a href="https://fintechnews.my/tag/Touch-%E2%80%98n-Go/" target="_blank">Touch ‘n Go</a>&nbsp;already has 4 existing insurance offerings namely CarInsure, SafeTrip, SafeHome, and WalletSafe.

The group has issued more than 2 million policies since the launch of its first insurance product in July 2021.

Alan Ni, Chief Executive Officer of TNG Digital said,

With the affordable and customisable insurance offerings available so conveniently for purchase via the Touch ‘n Go eWallet, our users will be able to make their insurance purchases and get protected in minutes, so that they will have peace of mind to focus on the other important things in their lives.”

<h1>Touch ‘n Go Rolls Out Two More Insurance Products</h1>Touch ‘n Go Group announced that it has launched 2 new insurance products, CI Insure and MotoInsure on its e-wallet in a bid to become a one-stop insurance hub.The CI Insure offering is a health insurance provided by AIA, which covers the top 5 critical illnesses in Malaysia, i.e. cancer, heart attack, stroke, kidney failure, and serious coronary artery disease.They can get an insurance plan at RM10 per month, with the sum insured ranging from RM30,000, RM50,000, and RM100,000.Users between the ages of 18 to 60 years old just needs to answer 3 simple health questionnaires and no medical check-up is required. The application process is said to take just 3 minutes and the insurance policy is issued instantly.Meanwhile, MotoInsure is a customisable motorcycle insurance product that allows users to receive and compare multiple quotes from insurance partners such as Takaful Ikhlas and Takaful Malaysia, with more to come.Touch ‘n Go eWallet users can customise their plans with coverage types and other add-on benefits to meet their specific needs.In addition, MotoInsure also offers the option of enabling its users to renew their road tax with their insurance.The entire application procedure is said to take 3 minutes and users can expect to receive their insurance e-policy within 24 hours and their road tax within 3-5 working days.<a href="https://fintechnews.my/tag/Touch-%E2%80%98n-Go/" target="_blank">Touch ‘n Go</a>&nbsp;already has 4 existing insurance offerings namely CarInsure, SafeTrip, SafeHome, and WalletSafe.The group has issued more than 2 million policies since the launch of its first insurance product in July 2021.Alan Ni, Chief Executive Officer of TNG Digital said,With the affordable and customisable insurance offerings available so conveniently for purchase via the Touch ‘n Go eWallet, our users will be able to make their insurance purchases and get protected in minutes, so that they will have peace of mind to focus on the other important things in their lives.”Touch ’n Go is the cornerstone of the digital transformation within Malaysia’s mobility ecosystem, pioneering a seamless consumer experience for millions of people across Malaysia. At the forefront of the Fintech revolution, every initiative enhances the way the nation works, lives and plays.

For over two decades, Touch ’n Go has led the digital transformation of Malaysia’s progress towards a cashless society. What began with commuter convenience has grown to become a Fintech solution that is no longer bound to highways, but is now a facet of the lives of more than half the country.

Built on the tenet of increasing financial inclusion across Malaysia, Touch ’n Go has sought to redefine the role of Fintech within our lives nationwide. With every product launch, the group brings its goal of a unified, seamless consumer experience closer to reality. +603-2714 8888
(Mon-Fri 8.00am – 8.00pm)

Touch ‘n Go Rolls Out Two More Insurance Products

PETALING JAYA, SELANGOR, MALAYSIA, June 21, 2023/<a href="http://www.einpresswire.com/" target="_blank">EINPresswire.com</a>/ --&nbsp;<a href="https://qr.aqme.my/?utm-source=pr" target="_blank">aQme</a>, a Malaysia-based digital insurance tech-enabler has just launched their range of life insurance plans, focusing on simple protection at a low price point. Alongside SOCSO’s recent launch of Health Screening Program (HSP) 3.0, the government agency is in a bid to offer comprehensive social protection to their 2.2 million members. Through&nbsp;<a href="https://sehati.perkeso.gov.my/" target="_blank">SEHATi</a>, SOCSO’s healthtech app, their members are able to book health screening appointments and access personalised insurance plans.

The rise of&nbsp;<a href="https://aqmtech.io/" target="_blank">insurtech</a>&nbsp;has seen steady growth across Southeast Asia with the recent launches in both Malaysia and Singapore in the recent months. By leveraging modern solutions that feature machine learning and data analysis, industry experts such as the team in aQme are finding new ways to more accurately assess risks and underwrite policies that focus on better inclusion and effective claim processing.

The recent launch of HSP 3.0 on the SEHATi app offers all SOCSO members aged 40 and above, an upgraded health screening programme for free. Bumi Healthtech, the creator of SEHATi app works directly with Social Security Organization (SOCSO) to help users easily log health screening appointments and health data. Now, members who have conducted a health screening through Bumi Healthtech partners can access their health score and explore personalised, exclusive insurance plans through the SEHATi app. This collaboration enables an app-to-app seamless onboarding process, by taking into account a pre-underwriting process and zero form filling feature, users can sign up to life insurance plans in just three steps.

aQme is founded based on the belief that health, wellness and life insurance are for all. In order to inspire true protection, the startup centers its innovative journey by rewarding health and transforming its users’ experience with insurance.

aQme is now available for download on Google Play Store &amp; App Store, while its services are only exclusively available for SEHATi app users. As part of aQme’s roadmap and strategy, the startup is also set to answer to Bank Negara Malaysia (BNM)’s call for application of digital insurance and takaful operators (DITO) licences. In view of the DITO application, the insurtech startup is gaining momentum by partnering a slate of affinity groups to onboard their existing members to a group insurance package.

For more information, head over to&nbsp;<a href="http://www.aqmtech.io/" target="_blank">www.aqmtech.io</a>&nbsp;or drop an email at hello@aqmtech.io for further enquiries.

<h1>New in Malaysia: aQme Reimagines a Smart Insurance Journey with SEHATi by SOCSO</h1>Insurtech startup aQme aims to serve the underinsured together with Malaysia's SOCSO to offer affordable insurance based on health dataPETALING JAYA, SELANGOR, MALAYSIA, June 21, 2023/<a href="http://www.einpresswire.com/" target="_blank">EINPresswire.com</a>/ --&nbsp;<a href="https://qr.aqme.my/?utm-source=pr" target="_blank">aQme</a>, a Malaysia-based digital insurance tech-enabler has just launched their range of life insurance plans, focusing on simple protection at a low price point. Alongside SOCSO’s recent launch of Health Screening Program (HSP) 3.0, the government agency is in a bid to offer comprehensive social protection to their 2.2 million members. Through&nbsp;<a href="https://sehati.perkeso.gov.my/" target="_blank">SEHATi</a>, SOCSO’s healthtech app, their members are able to book health screening appointments and access personalised insurance plans.The rise of&nbsp;<a href="https://aqmtech.io/" target="_blank">insurtech</a>&nbsp;has seen steady growth across Southeast Asia with the recent launches in both Malaysia and Singapore in the recent months. By leveraging modern solutions that feature machine learning and data analysis, industry experts such as the team in aQme are finding new ways to more accurately assess risks and underwrite policies that focus on better inclusion and effective claim processing.Health Screening Program 3.0The recent launch of HSP 3.0 on the SEHATi app offers all SOCSO members aged 40 and above, an upgraded health screening programme for free. Bumi Healthtech, the creator of SEHATi app works directly with Social Security Organization (SOCSO) to help users easily log health screening appointments and health data. Now, members who have conducted a health screening through Bumi Healthtech partners can access their health score and explore personalised, exclusive insurance plans through the SEHATi app. This collaboration enables an app-to-app seamless onboarding process, by taking into account a pre-underwriting process and zero form filling feature, users can sign up to life insurance plans in just three steps.Transparent, Simple &amp; TrueaQme is founded based on the belief that health, wellness and life insurance are for all. In order to inspire true protection, the startup centers its innovative journey by rewarding health and transforming its users’ experience with insurance.The Future of aQmeaQme is now available for download on Google Play Store &amp; App Store, while its services are only exclusively available for SEHATi app users. As part of aQme’s roadmap and strategy, the startup is also set to answer to Bank Negara Malaysia (BNM)’s call for application of digital insurance and takaful operators (DITO) licences. In view of the DITO application, the insurtech startup is gaining momentum by partnering a slate of affinity groups to onboard their existing members to a group insurance package.For more information, head over to&nbsp;<a href="http://www.aqmtech.io/" target="_blank">www.aqmtech.io</a>&nbsp;or drop an email at hello@aqmtech.io for further enquiries.We are remaking the traditional insurance world by bridging the gap between insurance and health.
Through digital gamification, we are transforming your experience.

Reimagining how insurance protects and reinspiring your journey to great health.

Insurance is expensive to have, but it is more expensive not to have.
Unfortunately, that is the experience so far for many around us. What if we can change things around to make protection affordable and more transparent than ever?

Starting with Malaysia, we are building our foundation right by leveraging on technology to drive intuitive customer journeys. Fueled by cutting-edge AI & data processing platforms, there is no better time than now to craft insurance products that are accessible to all. 

We are industry veterans. And this time, we'll shake things up.Address
B4-30-08, Dianthus, Tropicana Gardens,
2A, Persiaran Surian, 47810
Petaling Jaya, Selangor

Email 
hello@aqmtech.io

Text Us 
+6 012 - 767 8921

Insurtech startup aQme aims to serve the underinsured together with Malaysia's SOCSO to offer affordable insurance based on health data