Overview
Fatberry is a digital insurance marketplace for retail consumers in Malaysia, operating as a licensed insurance agent under Bank Negara Malaysia. The platform aggregates policies from 16+ licensed insurers, enabling customers to compare coverage options and purchase motor, travel, health, and other insurance products through a single interface.
The company delivers its service via a web platform with a chatbot-like flow, supporting real-time quotation comparison and instant policy issuance. Key products include car and motorcycle insurance, travel coverage, medical and critical illness plans, and niche offerings such as pay-as-you-drive (telematics-based) insurance and screen crack coverage. The platform also supports road tax renewal and flexible payment options including buy now pay later (BNPL), e-wallets, and QR payments.
Founded in 2017, Fatberry raised RM 2.5M in a Pre-Series A round in 2021 led by Abelco Investment Group AB (Stockholm), with participation from Fatfish Group, 1337 Ventures, and other angel investors. The company reported a 6,800% revenue increase in the eight months following the funding round.
Products & Services
Car Insurance
Comprehensive and third-party motor coverage from multiple licensed Malaysian insurers, with transparent pricing and real-time quotation comparison.
Key Features
- Multi-insurer quote comparison
- Instant policy issuance
- Both third-party and comprehensive coverage options
Target Users: Private and commercial vehicle owners in Malaysia
BerrrySave -- Pay-As-You-Drive Insurance
Telematics-based car insurance where premiums are calculated based on actual driving behavior and mileage, reducing costs for low-mileage or safe drivers.
Key Features
- Usage-based premium calculation
- Telematics integration
- Cost savings for safe and low-frequency drivers
Target Users: Private vehicle owners seeking lower-cost coverage
Motorcycle Insurance
Standard and comprehensive coverage for two-wheelers through partner insurers.
Key Features
- Multiple insurer options
- Standard and comprehensive plan tiers
Target Users: Motorcycle owners in Malaysia
Travel Insurance
Domestic and international travel protection covering trip cancellation, medical emergencies, and baggage loss.
Key Features
- Domestic and international coverage
- Medical coverage abroad
- Baggage and trip cancellation protection
Target Users: Travelers departing from Malaysia
Medical Insurance
Health coverage plans sourced from partner insurers to protect against medical expenses.
Key Features
- Multiple insurer options
- Integrated into the marketplace comparison flow
Target Users: Individual consumers seeking health protection
Critical Illness Insurance
Coverage for diagnosed critical illnesses to provide financial protection for families.
Key Features
- Critical illness diagnosis triggers payout
- Offered through licensed partner insurers
Target Users: Individual consumers
Screen Crack Insurance
Niche product covering accidental mobile device screen damage.
Key Features
- Targeted at smartphone users
- Demonstrates platform flexibility beyond traditional insurance lines
Target Users: Smartphone owners
At a Glance
- Founded
- 2017
- Headquarters
- Kuala Lumpur, Malaysia
- Employees
- 51-200
- Funding
- Seed
Category & Focus
- Category
- Distribution & Sales
- Subcategories
- Digital Insurance Marketplace Aggregator Embedded Insurance
- Insurance Verticals
- P&C Personal Health
- Target Customers
- Consumers
Customers
- Allianz General Insurance
- Etiqa Takaful Berhad
- Zurich General Insurance
- Zurich Takaful Malaysia Berhad
- Tune Protect Malaysia
Similar Companies
-
iCapitalFintech platform connecting wealth managers and financial institutions to alternative investments, structured products, and annuities -
Special AgentAffordable agency management software for independent P&C insurance agencies -
yallacompareInsurance and financial products comparison platform for consumers across the MENA and GCC region -
ZopperAPI-enabled embedded insurance distribution platform for banks, NBFCs, retailers, and digital ecosystems across India. -
UPONLY TechnologiesSales Management Operating System for insurance distribution across digital, branch, field, and call center channels -
TTanamduitDigital investment and insurance platform for retail users in Indonesia
Last updated: 2026-05-17