Malaysian logistics startup, Epost, has announced a new service that will allow the public to easily purchase insurance packages online.
Epost Protect, as the new service is called, allows users to make purchases for general and life insurance packages through their website, with premiums able to be made via Sabah Credit Corporation’s proprietary e-payment system (also known as ‘Sabah Pay’).
This move comes as the demand for life insurance has increased during the movement control order (MCO) period, with more people looking for avenues to make the purchase digitally.
Founded in East Malaysia back in 2018, Epost is an online platform providing logistics services that help businesses connect with domestic and international customers.
Backed by seed investor, Vynn Capital, Epost now has a presence across Asia and Australia, with clients being notable brands such as Digital China Holdings, Shopee, Yunda Express, BGO Taiwan and many more.
Moving forward, Epost and BIB Insurance Brokers will work alongside each other to create more risk management value for the public and SMEs, by introducing convenient insurance products benefiting the value chain of the industries that Epost is focusing on.
CEO of Epost, Tobin Ng, also mentions that the nationwide shut-down is an opportune moment for businesses to establish and expand their online presence, as ecommerce is now heavily regarded by the government as an essential business activity crucial for boosting Malaysia's economy.
"Ecommerce helps to create more opportunities and revenue streams for entrepreneurs and companies of all sizes, including traditional businesses by helping to publicize and sell their products and services online locally and globally", mentions Tobin Ng, CEO of Epost.
An online platform that serves the logistics services connecting business to consumer in domestic and international
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