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Welcome to the IICF Malaysia Challenge Networking Space

If you are considering applying, please use the comment area below to submit any questions questions you may have. We also invite you to suggest ideas, start conversations, look for opportunities to build partnerships and discuss with other applicants.

UNDP and Generali are seeking innovative insurance solutions to enhance the resilience of small and medium-sized enterprises (SMEs) in Malaysia. The IICF is looking for innovative ideas for insurance products and services for underserved population segments and new markets.

For more information and how to apply click the link below:

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Comments (2)

Shamiso Ruzvidzo
Shamiso Ruzvidzo Moderator

Let us know if you’re interested to apply to the Insurance Innovation Challenge Fund but looking to partner with another organization/insurer. Tell us about your company and what you are looking for, and if you are facing any challenges with your application?

Christabel Tan
Christabel Tan

Hi everyone. We would like to explore partnership with an insurer who is keen on developing a cyber insurance product with our capabilities.

I’m from Protos Labs, an insurtech company based in Singapore. We are accoladed by Cyber Security Agency of Singapore for our frontier approach to cyber risk management. We are currently working with Lloyd’s of London for our cyber insurtech solution that empowers:

  • Cyber underwriters to assess and underwrite for risks more accurately, by taking a comprehensive approach to modelling for cyber risks.
  • Empowers SMEs and organisations to reduce their cyber risks. Our early-warning tool that is deployed on both the insurer and policyholder’s end notifies them of the ongoing threat landscape, their vulnerabilities/ high risks, and recommends actions to reduce the chances of a cyber incident.

In 2022, we empowered a Malaysian insurer to go-to-market with a personal cyber insurance product. We offered claims advisory, product development, and cyber playbooks. This reduced their go-to-market time to merely 2-3 months with our cyber capabilities and multi-language support (English, Chinese, Malay, and Tamil).

Once again, we look forward to working with insurers who are interested in developing a cyber product, and applying alongside us for this UNDP Generali Challenge Fund. To reach me, email me at Thanks in advance! 


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