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Ouch! Sets to Empower Users to Take Control of Their Insurances

BY Team Loanstreet

Published 15 Mar 2021

Aiming to make insurance as pain-free as possible, Ouch! is planning to expand its current infrastructure to roll out more features to its customers for an even more holistic experience with the recent acquisition of RM1.5 million from a successful seed funding.


What's covered in this article?

According to Shazy Noorazman, Chief Executive Officer of Ouch!, insurance can be more accessible than ever before


“We should always be prepared for rainy days, and with the pandemic having devastating effects on people’s lives, I believe there’s no better time to educate ourselves on the importance of insurance,” he shared.

“With our platform, we hope that Malaysians will be more confident in insurance to protect their assets and their future instead of being intimidated by it,” he added.

Also, as 60% of Malaysians are either under-insured or uninsured at all, Ouch! aims to solve that by making the insurance purchasing process as simple and fuss-free as possible

“Our research has shown that many people, especially youth and fresh graduates, are intimidated by the complicated terms and policies when purchasing insurance. Thus, we decided to make the experience as pain-free as possible, which also happens to be our tagline!,” Shazy said.

With that said, Ouch! is confident that they’ll be able to provide Malaysians faster and easier access to comprehensive healthcare coverage. 

“We’re trying to change the landscape by placing more emphasis on the customers and empowering them to take control of their insurance plans. Something as essential as insurance shouldn’t be confusing and should be as simple and straightforward as possible lest we turn off customers from one of the most necessary purchases in life,” he further explained.

That’s why with Ouch!, customers can choose and buy from 5 insurance categories - medical, life, travel, motor, and home with curated insurance options. All of these can be done within 5 minutes. 


Moving forward, Ouch! is planning to revamp the apps and something big in early April 2021 that could change how people view and treat insurance. Not only that. They will also raise pre-Series A funding later this year.

If you’re interested to find out more about Ouch!, please visit or download their application from the Google Play Store and Apple App Store.

*The above article is intended for informational purposes only. Loanstreet accepts no responsibility for loss that may arise from reliance on information contained in the articles.

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About the Author

Team Loanstreet

Run by a professional human-sized team, get resourceful tips & guides from our very own library of financial articles that can help improve your financial lifestyle & make a well-informed money decision. We strive to provide you with the best service in helping you to get the most out of that DUIT!


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