Bjak Founder Weighs IPO as Malaysia Insurtech Seeks Expansion Into Europe

Bjak Sdn, Malaysia’s largest online insurance aggregator, is mulling an initial public offering within the next two years as it seeks to enter Europe.Bjak is eyeing new markets in Spain and Germany in 2026 following its recent expansion in Japan, Taiwan and Thailand, Wei Low, the firm’s founder said in his first-ever media interview. The firm’s gross written premiums increased 20% to 30% this year and are set to grow at a faster pace in the future as Bjak expands into new markets, the 36-year-old told Bloom ...