BFM 89.9

HIGHLIGHTS 
Podcast  >  Enterprise  >  Open For Business  >  Nexacore: Raising RM2M to Fix The Cracks in Device Insurance

Nexacore: Raising RM2M to Fix The Cracks in Device Insurance

Melanie Hawgood, Co-Founder and CEO, Nexacore

10-Apr-25 10:00

Nexacore: Raising RM2M to Fix The Cracks in Device Insurance

Cracked screens, complex claims. As smartphone use surges and digital lifestyles evolve, device insurance offers peace of mind for consumers, but for insurers, it’s an operational headache. The real challenge isn’t selling policies, it’s delivering claims efficiently and at scale.

In this episode of Open For Business, we speak with Melanie Hawgood, Co-Founder and CEO of Nexacore, a Malaysia-based insurtech startup solving the “last mile” problem in device insurance and extended warranty claims. Nexacore provides a white-label, back-end platform that streamlines repair, replacement, and logistics, helping insurers deliver faster, more cost-effective claims without building the infrastructure themselves – all without competing for policy distribution.

We explore Nexacore’s unique B2B model, how it integrates with insurers and telcos, and why the company is raising RM1.5–2 million to scale across Southeast Asia. Melanie also shares early traction with a major telco-backed program, their revenue strategy, and future plans beyond smartphone insurance, including regional expansion and new warranty verticals.

Produced by: Carol Wong

Presented by: Roshan Kanesan


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  Women in Businesstechnologyentrepreneurs

Tags:  device insuranceinsurtechstartuplogisticsmade in malaysiainsurance





Play / Pause

Listen now : BFM 89.9 -- The Business Station

Today’s Shows



11:00 AM

Best of Enterprise

(REPEAT) Can sports ethics build stronger, more ethical companies? We speak with Paresh Subramaniyam, Founder and CEO of Engage Life, to explore how the timeless values of sports—like fair play, resilience, and discipline—can change today’s workplace culture.

12:00 PM

Popcorn Culture

(REPEAT) We review Keluang Man and look at some of our favourite characters from our childhood.

1:00 PM

Cruise Control

(REPEAT) Fancy a used McLaren MP4-12C at a very reasonable price? Tune in to hear what are the pros and cons of getting a sports car.

2:00 PM

Matt-Splained

(REPEAT) Rich and Matt look at this remarkable rise and fall of EVs and ask if the continued rise of the EV in the 21st Century EV is inevitable and unstoppable?

3:00 PM

Earth Matters

(REPEAT) We speak to three researchers to learn more about how we can coexist with macaques peacefully.

4:00 PM

Bar None

(REPEAT) Former national tennis player Adam Jaya shares his experience being a professional athlete and his training routine.

5:00 PM

BBC World Service

BFM presents the BBC World Service, which provides in-depth coverage of issues from around the world.