YAS Digital Limited

YAS is a blockchain based insurtech company. Offering on-demand microinsurance and changing how people buy and claim insurance. Daily habits and lifestyle are evolving, so are the underlying risks. Why are we still accessing insurance products designed decades ago in the same way? We are headquartered in Hong Kong and expanding in Asia. Our mission is to reshape the industry with simple, affordable, and efficient microInsurance products embedded into everyday lifestyle. Built on innovative technology, our microinsurance can be hired to protect you anywhere and anytime via your YAS app. Whether it's your daily ride to work, a hike in the mountains, or a trip to the vet with your furbaby, we care about each moment in your life.

http://yas.io

51-200 employees

Growth Trajectory

YAS MicroInsurance aims to expand its market reach through geographic expansion into mainland China and Southeast Asia, focusing on partnerships with digital platforms and retailers. They plan to introduce more personalized coverage options and innovative insurance products leveraging blockchain and AI technologies, and enhance the YAS APP to support increasing customer journeys.

Technical Challenges

Ensuring data security and integrity on the blockchain.

Accuracy and reliability of GPS tracking.

Building and maintaining a decentralized blockchain platform.

Integration complexities with third-party platforms like Alipay.

Tech Stack

GPSBlockchainMobile App (iOS and Android)TelematicsSmart contractsNFTsOpen APIYAS mini-app within AlipayHK

Team Size

Key Risks

Competition from traditional insurance providers with established customer bases.

Challenges in maintaining the accuracy and reliability of GPS tracking for real-time insurance.

Regulatory hurdles in different markets (Hong Kong, Malaysia, and mainland China).

Potential security vulnerabilities in the blockchain platform.

Difficulties scaling the app infrastructure to handle increasing user base and transaction volume.

Opportunities

Further development of real-time and personalized insurance products utilizing GPS and telematics data.

Expansion of microinsurance offerings for new activities, digital assets, and niche markets.

Strategic alliances with travel, sports, e-commerce platforms, and tech companies to expand distribution.

Leveraging AI for risk assessment, fraud detection, and automated claims processing.

Geographic expansion into other Asian markets with similar demographics and insurance needs.

Live Data Stream

Access Our Live VC Funding Database

30,000+ funded startups

tracked in the last 3 months

B2B verified emails

of key decision makers

Growth metrics

Real-time company performance data

Live updates

of new VC funding rounds

Advanced filters

for sophisticated queries

API access

with multiple export formats

Access Database

Updated every 5 minutes