Celebrate Financial Inclusion with PolicyStreet: 90% Off Road Tax Renewals for Two Hours Only

PolicyStreet's exclusive two-hour flash sale on 26 November offers a 90% discount on road tax renewals, subsidising up to RM400 per car.

KUALA LUMPUR, Malaysia, Nov. 19, 2024 /PRNewswire/ -- PolicyStreet is launching an exclusive two-hour flash sale on 26 November from 11:00 am to 1:00 pm, offering Malaysians an incredible 90% discount on road tax renewals, subsidising up to RM400 per car. This exciting flash sale comes in celebration of the homegrown insurtech's recent win at the SFF Fintech Excellence Award for Financial Inclusion.

"Receiving the SFF Fintech Excellence Award for Financial Inclusion was a proud moment for our team, and we want to share this milestone with the Malaysians who have supported us along the way. This special flash sale is our way of lightening year-end expenses for our customers while reaffirming our commitment to serving the underserved," says Yen Ming Lee, Co-founder and Group Chief Executive Officer of PolicyStreet.

The award, jointly hosted by the Monetary Authority of Singapore (MAS) and the Singapore FinTech Association (SFA) with support from PwC Singapore, recognises innovative fintech solutions in six corporate categories and three individual FinTech Mentor Awards. Celebrating the use of technology to drive growth and financial inclusion, PolicyStreet was selected as one of only eight winners out of over 200 regional submissions and is the sole Malaysian company to receive this honour.

In line with its mission to make insurance more accessible, this limited-time flash sale is a bold move in addition to PolicyStreet's ongoing effort to offer the "Cheapest Road Tax in Town." By providing affordable insurance and financial solutions, PolicyStreet aims to help Malaysians start 2025 with a solid financial foundation, empowering them with greater peace of mind and control over their financial decisions.

Malaysians with car insurance and road tax expiring within the next two months can easily take advantage of this offer by visiting PolicyStreet's car insurance renewal portal at car.policystreet.com to receive a quote ahead of time. Before payment, just select the road tax renewal add-on at checkout—no promo code required.

Mark your calendars and don't miss the chance to save big on road tax renewals while celebrating PolicyStreet's SFF Fintech Excellence Award win! Enjoy more accessible, affordable car insurance and join PolicyStreet in ending 2024 on a high note, reaffirming its commitment to supporting Malaysians on their financial journey.

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For the complete media kit with visual assets and spokespersons' photos, please click the link HERE.

About PolicyStreet

PolicyStreet is a regional full-stack insurance technology (insurtech) group of companies providing cutting-edge digital insurance solutions to businesses and consumers in Southeast Asia and Australia.

PolicyStreet works directly with over 40 life, general, and Takaful providers globally to offer a comprehensive range of products and services, which includes but is not limited to embedded insurance, customised employee benefits, financial advisory and aggregation of insurance, as well as the development of digital solutions to make insurance purposeful and simple for businesses and consumers.

As a licensed Reinsurer, General Insurer and Takaful Operator by the Labuan Financial Services Authority (LFSA), an approved Financial Adviser and Islamic Financial Adviser by Bank Negara Malaysia (BNM), and a licensee of the Australian Financial Services License by the Australian Securities and Investments Commission (ASIC), PolicyStreet is able to underwrite, customise policies, and provide unbiased advice to its clients and partners worldwide.

PolicyStreet is backed by the Malaysian sovereign wealth fund, Khazanah Nasional Berhad, and serves over 5 million customers with over US$ 10 billion in sum insured. In 2024, PolicyStreet was recognised as "Fintech of the Year" at The Asset's Triple A Digital Awards and was the winner of the Fintech Excellence Award for Financial Inclusion at the Singapore Fintech Festival endorsed by the Monetary Association of Singapore (MAS). The company was also ranked as the second-highest Malaysian company in the "High-Growth Companies in Asia Pacific 2024" list by Statista and The Financial Times.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Celebrate Financial Inclusion with PolicyStreet: 90% Off Road Tax Renewals for Two Hours Only

SEOUL, South Korea, Nov. 19, 2024 /PRNewswire/ -- Statistics Korea is currently conducting the 2024 Address Canvassing, in preparation for the centenary population census next year. This Survey lasts for 20 days from November 8 to November 27 this year.

As a vital preparatory step for next year's Population and Housing Census, as well as the Agriculture, Forestry, and Fisheries Census, the Survey aims to deliver a complete and accurate address lists and spatial database for enumeration and determine the type and address characteristics for each living quarter. This basic information will inform the creation of sample frame and enumeration for the Censuses' field operation next year.

A few notable changes are adopted in this year's Survey. Specifically, this operation this year implements both in-office and in-field methods to update information, in other words, information on the apartment-type dwellings* is being gathered through administrative and spatial data instead of field surveys. Other data are collected through field surveys using an advanced tablet-based electronic survey system that allows enumerators to enter and verify collected data in real-time, lowering survey burdens while enhancing the accuracy and speed of data collection.

With the launch of address canvassing, Statistics Korea is moving forward with full-scale preparation of the 2025 Population and Housing Census. The core framework of the upcoming Census is designed to tackle increasingly challenging survey conditions in the post-COVID-19 environment, adapt to rapid social changes, and reduce the response burden on citizens. Under this framework, Statistics Korea aims to encourage active participation and reliable responses from all residents in Korea, with the ultimate goal of producing high-quality census data.

Specifically, the 2025 Census will feature the use of user-friendly mobile questionnaires and an extensive offering of foreign language questionnaires (in 20 languages) to promote participation of foreign residents and internet participation.

* In addition to the 10 existing languages (English, Chinese, Vietnamese, Russian, Indonesian, Thai, Mongolian, Japanese, Cambodian, and Nepali), 10 more languages will be available, including Uzbek, Kazakh, Burmese, Sinhala (Sri Lanka), Bengali (Bangladesh), and Urdu (Pakistan).

The Census will also leverage Artificial Intelligence (AI) technology to classify industry and occupation categories and provide 24/7 support through Census help desks, enhancing data processing accuracy and enabling prompt responses to participant inquiries. To reduce the burden on respondents, certain questionnaire items will be replaced with information from administrative data. Additionally, Statistics Korea is considering the inclusion of new survey items in the Census, such as marriage intention, family planning, caregiving, and Korean language proficiency, to better reflect social diversity and capture trends related to low fertility, aging, and the multicultural aspect of the society.

Korea employs a combined census approach that integrates register-based complete enumeration with sample-based field surveys. This highlights Korea's notable advancements in statistical work, including the statistical use of administrative data, field survey techniques, and statistical systems development, that is built on robust technical and administrative expertise across all aspects of national statistics - from data collection and processing to production and distribution of data.

Korea's advanced census methodologies have been shared with many countries across Southeast Asia, South America, and Africa, including Vietnam, Colombia, Bolivia, Indonesia, Tanzania, and Mongolia, with plans to transfer K-Census expertise to Uzbekistan next year.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Statistics Korea, Preparing for the Centenary Population Census with the Launch of the 2024 Address Canvassing