Investments

Jirnexu to build digital insurance products in Malaysia

Approval received from Bank Negara Malaysia to compare, sell, process payments, and issue e-policies for insurance products

According to local media outlet Astro Awani, Jirnexu is the first company in Malaysia that has been permitted to sell general and life insurance products from multiple providers, and is the first to build a dedicated e-commerce marketplace for insurance.

The firm will soon join Malaysia’s Bank Negara Malaysia (BNM) Financial Technology Regulatory Sandbox and begin transacting term life and motor insurance directly on their financial comparison site RinggitPlus.com.