Full-Time
Posted on 9/29/2025
Online auto insurance marketplace with services
No salary listed
United States
Hybrid
Bjak.my runs Malaysia’s leading online auto insurance marketplace and digital services platform, letting users compare and buy car and motor insurance from multiple insurers and renew road tax instantly. The product works by collecting user details, showing quotes, enabling purchase, and offering added services like nationwide towing and emergency roadside assistance, all through a single platform; revenue comes from commissions on sales and extra services. It differentiates itself with a wide insurer network and a multi-service approach (insurance, road tax renewal, towing, roadside help) backed by MSC Status. Its goal is to make auto-related financial and support services simpler, cheaper, and more accessible for users across Malaysia and the Southeast Asia region, while continuing to save customers money.
Company Size
201-500
Company Stage
N/A
Total Funding
N/A
Headquarters
Petaling Jaya, Malaysia
Founded
2018
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Health Insurance
Dental Insurance
Vision Insurance
Unlimited Paid Time Off
Flexible Work Hours
Hybrid Work Options
401(k) Company Match
Performance Bonus
Malaysian insurtech Bjak weighs IPO as it plans Europe expansion. Bjak, a Malaysia-based online insurance platform, is considering an initial public offering (IPO) within the next two years as it looks to fund further international growth. Bloomberg reported that the company is evaluating new markets beyond Asia. Founder Low Wei said Bjak is assessing Spain and Germany for potential entry in 2026, which would mark its first expansion into Europe. The move would follow the company's recent entry into Japan, Taiwan and Thailand. Low said gross written premiums rose by about 20 percent to 30 percent this year and he expects growth to accelerate as the company expands overseas. He said the business has been profitable since it was founded in 2019 and operates with minimal debt, though no detailed financial figures were disclosed. The proposed IPO would support further international expansion and provide liquidity for employees through stock-based compensation, Low said. He also plans to scale the company's workforce, with global headcount expected to double from nearly 200 to around 400 by the end of 2026. Founded in 2019, Bjak operates a digital platform that allows users to compare and purchase insurance products across multiple markets. The company says it has about seven million users and works with 16 insurance providers on its platform, including Allianz and Tokio Marine. Low has said uneven adoption of insurance technology across Asia continues to create opportunities for digital platforms, even as more mature markets such as the UK show higher penetration.
KUALA LUMPUR: Malaysia's leading digital insurance platform, BJAK Sdn Bhd, launches its RM150 million Free Road Tax programme.
Leading Malaysian insurance platform Bjak has just announced that it will launch a buy-now-pay-later (BNPL) payment option for its car and motorcycle insurance offerings on November 1, 2021, making it the first to provide such a service in Malaysia.