The Faculty of Accountancy and Management (FAM), the Centre for Entrepreneurial Sustainability (CENTS) and the Malaysian Youth FinTech Association (MYFinT) jointly organised a youth empowerment talk on 25 August 2025, in conjunction with the launch of the UTAR FYLeaderS initiative at UTAR Sungai Long Campus. The event, attended by 188 students, academic staff and industry guests, aimed to nurture future-ready leaders while spotlighting innovation in financial technology.
The UTAR FYLeaderS marked the first collaboration between MYFinT and the UTAR Finance and Technology Society, paving the way for future partnerships and training opportunities. Representing MYFinT were its Co-Founder and President, as well as Allianz General Insurance Malaysia Senior Pricing System Developer, Ms Loh Wan Chin; Internal Vice Secretarial Director, Ms Angel Wong; and Asia Pacific University FYLeaderS exco members.
Chairperson of the UTAR Finance and Technology Society Bethel Lee Jia-De highlighting the importance of cultivating youth leadership and emphasising the role of the FYLeaderS platform in fostering growth and collaboration among students
Ms Angel Wong highlighting the growing role of young people in shaping an inclusive financial future
FAM Deputy Dean for Student Development and Industrial Training Mr Low Chin Kian presenting a token of appreciation to Ms Angel Wong (left)
Group photo session
The event continued with a keynote session titled InsurTech 101: Bridging Tech and Coverage, delivered by Ms Loh. Her talk highlighted how technology is reshaping the insurance industry to become smarter, faster and more customer-focused. She explained how wearables, telematics, and genetic data are driving personalised premiums and better risk assessments. The audience also learned about the digital shift in insurance, including smart contracts, cloud billing and automated compliance systems. A standout example highlighted was the use of blockchain in Lemonade’s Crypto Climate Coalition, which enables instant, automated crop insurance payouts to farmers in Kenya.
Ms Loh also demonstrated how API integration is improving transparency by enabling policy aggregation and price comparisons across insurers. She concluded her talk with three emerging trends set to shape the future of insurtech.
Ms Loh sharing practical lesson on insurance technology
FAM academic Dr Bui Quoc Huy presenting a token of appreciation to Ms Loh (right)
The session concluded with an engaging Q&A segment, where students raised questions on career opportunities in insurtech and the ethical implications of data usage in the insurance industry.
Ongoing Q&A session
Group photo session
Insurance Technology, or InsurTech, refers to the application of technology and innovation to improve the efficiency, accessibility, and customer experience of the insurance industry. This topic is also covered in the Bachelor of Finance (Financial Technology) with Honours programme at UTAR.More information about the programme is available [here].
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