facebookWith a majority stake to AMTD Digital, a Hong Kong-based fintech company, how would this benefit customers of PolicyPal? - Seedly

Anonymous

18 Nov 2020

SeedlyAMA

With a majority stake to AMTD Digital, a Hong Kong-based fintech company, how would this benefit customers of PolicyPal?

Wondering if how this PolicyPal acquisition affects consumers?

AMA PolicyPal

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Val Yap

18 Nov 2020

Chief Executive Officer and Founder at PolicyPal

Hi Anon,

We are glad to have joined the AMTD family earlier this year.

Together with AMTD, PolicyPal will continue to develop into becoming an innovative and inclusive insurance platform across Asia. Joining AMTD Digital will also allow PolicyPal to gain access to the knowledge, expertise and experience within the ‘AMTD SpiderNet’ ecosystem so as to deliver a better experience for our customers.

Being part of the AMTD Digital core components will be a huge opportunity for PolicyPal. The Covid’19 pandemic had hastened the need for digital integration and PolicyPal has seen rapid growth in the past months. Establishing a long term partnership with AMTD will empower PolicyPal to further enable the insurance ecosystem. This will be done through the provision of more affordable and accessible products to customers, reaching out to more people, and expansion into more new markets.​​​

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