KUALA LUMPUR, Malaysia, Feb. 8, 2018 /PRNewswire/ -- DOJO, a 7000 sq. ft. coworking space in Kuala Lumpur city centre, has announced today a partnership with Insurtech PolicyStreet, an online insurance marketplace to enable DOJO coworking members to enjoy the most affordable employee protection plans in Malaysia. The strategic partnership was meticulously forged by DOJO Co-founder, Jack Chan and PolicyStreet's Co-Founder and Chief Operating Officer, Wilson Beh.
Wilson Beh, Co-founder and COO PolicyStreet insurtech inks deal with Jack Chan, Co-founder DOJO KL coworking space
"As advocates of innovative, forward-thinking design, we want to commit to our future creators. Malaysian SMEs are the backbone of the economy and startups are going to be the growth engine of this country. However, most do not have the means to offer same level of perks offered by corporates to their employees, and insurance coverage for employees is one of them. That is why we are proud to collaborate with PolicyStreet, DOJO wants to help level the playing field in talent recruitment and also allow the startups to safeguard their biggest assets, human talent."
"By providing flexibility and competitiveness to startups and SMEs, DOJO is one step closer to serving the end users of commercial real estate. To nurture their talent and help our creators grow, DOJO, in partnership with PolicyStreet, provides the most affordable option for employee protection plan in Malaysia to DOJO members so that they can compete more aggressively in the market," Chan added.
"Together with PolicyStreet, DOJO will launch Employee Protection Plans from RM30 a month with an annual coverage of RM12,000," PolicyStreet's Wilson Beh, concurs.
"We support Bank Negara Malaysia's call to increase the national insurance penetration rate to 75% by 2020 from the current 56%. By collaborating with DOJO, we are able to promote a highly affordable Employees Protection Plan to Malaysian SMEs and build a strong awareness on the need of having the right protection. We wholeheartedly believe that we can do more to help Malaysian SMEs to be protected with the right protection and we aim to do that with one employee at a time, one company at a time."
One such customer is DOJO KL member - Singapore-based AI email marketing startup, Ematic Solutions Pte Ltd. Its Regional Head of Insights Joshua Kong said, "This is an unbelievably good deal for any startup, and we've signed up for it to protect our staff. Startup or SME, I highly recommend this service."
For further information about DOJO KL membership and insurance plans, email firstname.lastname@example.org or call 603 2022 3306.
About DOJO KL Coworking Space
DOJO is a dynamic coworking space located in Kuala Lumpur city centre at 6, Menara AmpleWest in Jalan P Ramlee across from the signature KL Tower. Opened in January 2018, the 7,000 sq. ft. coworking space provides a plug-and-play office space for start-ups and Small & Medium Enterprises (SMEs). Its minimalist Japanese interiors blends functional working spaces with community areas like focus zones and an outdoor Zen Garden complete with views of lush tropical greenery in the vicinity of the KL Forest Eco Park. DOJO has crafted an oasis to let you tune in and be connected with nature while building a global business. Founded by Dewan Ng and Jack Chan to empower creative and entrepreneurial communities by providing beautiful, unique spaces with personalised services, the DOJO philosophy is to integrate members into one holistic community while providing them with the luxury of working independently. At DOJO, we place ourselves at the forefront of the sharing economy by fostering collaborations that have the power to increase productivity and redefine innovation.
PolicyStreet is an online curated market place which provides best-in-value insurance for the lifestyle needs of the target users. It is a value seeker, a premium contender and an innovation enabler in the insurance space. PolicyStreet democratizes the industry by making insurance simpler, fun and more appealing. PolicyStreet is co-founded by former banking and insurance professionals Lee Yen Ming, Wilson Beh and Winnie Chua and the company is the winner of Seedstars Global KL, the world's largest seed-stage startup competition.