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PolicyStreet Doubles Down on Consumer Segment, Extends 10+10 Promo Amid Rising Cost Pressures

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PolicyStreet Doubles Down on Consumer Segment, Extends 10+10 Promo Amid Rising Cost Pressures
Business

Business

PolicyStreet Doubles Down on Consumer Segment, Extends 10+10 Promo Amid Rising Cost Pressures

2026-04-30 09:00 Last Updated At:09:15

The insurtech extends its uncapped 10% discount on car insurance and Free Road Tax up to RM90 through the end of May, reinforcing its focus on accessibility and value.

KUALA LUMPUR, Malaysia, April 30, 2026 /PRNewswire/ -- PolicyStreet is doubling down on its consumer segment with the extension of its 10+10 Promo and Free Road Tax campaign, as more Malaysians navigate rising costs of car ownership and seek greater value and flexibility in their insurance choices.

The extension builds on strong traction since its initial launch in January, as more Malaysians become increasingly deliberate about how they manage everyday expenses. Amid ongoing fuel price pressures globally, alongside rising maintenance and household costs, customers are placing greater emphasis on keeping their insurance spend practical and cost-effective.

"For many Malaysians, a car is not a luxury but a necessity. It's how we get to work, support our families, and manage daily responsibilities. With costs rising across the board, we believe insurance shouldn't add to that burden. Extending this campaign is our way of helping to ease that pressure, and making sure essential protection remains within reach," said Wilson Beh, Chief Operating Officer of PolicyStreet.

With the 10+10 Promo, customers who renew their car insurance with PolicyStreet enjoy an uncapped 10% off their base premium after NCD, plus an additional RM10 off at checkout, no promo code required. The promotion runs from 1 to 24 May 2026, with two daily sale windows from 10:00 AM to 11:00 AM and 10:00 PM to 11:00 PM. For drivers with base premiums of RM1,000 and above, this translates into at least RM100 in savings, with higher premiums unlocking even greater value.

From 25 to 31 May 2026, the campaign shifts to the Free Road Tax with Drive+ Membership offering. Customers who opt in for PolicyStreet's Drive+ Membership can enjoy free road tax capped at RM90, alongside partner benefits including discounts on car battery replacement and trade-ins with Bateriku, courtesy car rental discounts from Chillax2U, and an additional RM20 off their next renewal with PolicyStreet.

For Malaysians looking to unlock even more value, PolicyStreet's Refer-a-Friend programme offers an additional layer of savings. Customers will receive a unique referral code after their purchase, allowing both the referrer and the referred customer to enjoy RM30 TNG eWallet Reload PIN for each successful renewal. With up to five referrals per customer, this adds up to an extra RM150 in rewards on top of the campaign's existing benefits.

Customers can compare quotes across multiple insurers and complete their car insurance and road tax renewal in just minutes at www.policystreet.com.my, with flexible payment options designed to suit different needs. For full terms and conditions, visit www.policystreet.com.my/tnc.

About PolicyStreet Group

PolicyStreet Group is a full-stack insurance technology (insurtech) group of companies providing digital insurance solutions to businesses and consumers across Asia and Australia. 

The Group operates through multiple entities across its key markets and business lines, including its insurance distribution, embedded insurance, and reinsurance arms. It partners with over 40 insurance and takaful providers globally to deliver employee benefits and group insurance solutions, insurance aggregation services, and digital infrastructure that simplifies insurance.

PolicyStreet Group is backed by leading venture capital firms Altara Ventures and Gobi Partners, as well as sovereign wealth funds Khazanah Nasional Berhad and Cool Japan Fund. The Group serves over 10 million customers with more than US$10 billion in sum insured. It was featured in the Financial Times and Statista's Top 500 High-Growth Companies Asia-Pacific 2026 list and named "Most Disruptive Insurtech in Malaysia" at the Insurance Asia News (IAN) Country Awards for Excellence 2025.

About PolicyStreet Malaysia

PolicyStreet Malaysia is the PolicyStreet Group's Malaysian subsidiary, providing consumer insurance alongside employee benefits and group insurance solutions.

It is an approved Financial Adviser and Islamic Financial Adviser regulated by Bank Negara Malaysia. As part of the PolicyStreet Group, it leverages the Group's technology capabilities to simplify access to insurance and enhance customer experience.

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

PolicyStreet Doubles Down on Consumer Segment, Extends 10+10 Promo Amid Rising Cost Pressures

PolicyStreet Doubles Down on Consumer Segment, Extends 10+10 Promo Amid Rising Cost Pressures

Marking a Strategic Shift Towards Intelligence-Led Global Revenue Growth

NOIDA, India, April 30, 2026 /PRNewswire/ -- Denave, a global technology-powered revenue acceleration company, today announced the appointment of Sunil Munshi as its Chief Executive Officer. The move marks a significant leadership milestone as Denave sharpens its global growth strategy and accelerates its transition towards intelligence-led, scalable revenue models.

Sunil succeeds Snehashish Bhattacharjee and brings with him over 32 years of experience in driving business transformation, building high-performance sales ecosystems, and scaling enterprise growth across geographies.

Having previously served as Chief Revenue Officer, Sunil has led the expansion of Denave's APAC business, which today contributes nearly 80% of the company's total revenue, while driving horizontal growth across industries including Oil & Gas, Telecom, IT Hardware, Digital Wallets, eCommerce, and FMCG.

Commenting on the appointment, Raghunandana Tangirala, Promoter, Chairman and Managing Director, UDS Group, said:

"Sunil's appointment comes at a defining moment for Denave as we align the business with UDS Group's long-term vision of building a globally integrated, technology-led services platform. His deep understanding of revenue ecosystems makes him the right leader to drive this next phase of growth at Denave."

Samriti Malhotra, CHRO, UDS Group, added:

"Sunil's leadership style is rooted in accountability, adaptability, and building high-performing teams. As Denave evolves within the UDS ecosystem, his focus on people, capability-building, and execution excellence will play a key role in shaping a resilient and future-ready organization."

Prior to Denave, Sunil held leadership roles across the Office Automation, Telecom, Software, and BPO sectors, where he led sales operations, strategic initiatives, and market expansion efforts.

Sharing his perspective on the new role, Sunil Munshi, CEO, Denave, said:

"Denave is at an exciting point in its journey, with the backing of UDS and a clear opportunity to redefine how enterprises approach revenue growth. The next phase is about scaling with precision—to drive measurable impact for our clients."

About Denave

Denave is a global, AI-powered revenue acceleration company with 27+ years of experience in driving GTM success and enterprise growth across 5 continents, 50+ countries, and 500+ cities.

About UDS Group 

UDS is a publicly listed company with 36+ years of expertise, delivering integrated facilities management, sales enablement, and business assurance services across 33 industries, supported by 70,000 employees and a strong focus on operational excellence and sustainability.

 

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

Sunil Munshi Appointed CEO of Denave

Sunil Munshi Appointed CEO of Denave

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