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



6:00 AM

The 6AM Stretch

Thought-provoking discussions on ideas, people and events shaping our lives.

7:00 AM

World Market Watch

Vishnu Varathan, Head of Economics & Strategy, Mizuho Bank tells us where international markets are heading.

7:15 AM

Morning Brief

We recap global and local headlines from today's papers and portals.

7:30 AM

Morning Brief

Dr. Deborah K. Elms of the Hinrich Foundation discusses the trade deals between the US and Indonesia, the Philippines, and Vietnam.

7:45 AM

Morning Brief

Raymon Ram, President, Transparency International Malaysia discusses the amendments to the Whistleblower Act 2010.

8:00 AM

The Breakfast Grille

Ibrahim Suffian of Merdeka Center and Shahril Hamdan of the Keluar Sekejap podcast join us to unpack the Madani government's track record at mid-term.

8:30 AM

Morning Brief

We break down the day’s top news with expert insights.

8:45 AM

Morning Brief

Brian Hioe of New Bloom Magazine explains the stakes as 24 Kuomintang lawmakers face a historic recall vote in Taiwan.

9:00 AM

Opening Bell

(REPEAT) Vishnu Varathan, Head of Economics & Strategy, Mizuho Bank tells us where international markets are heading.

9:15 AM

Opening Bell

(REPEAT) We take a look at the FBM KLCI as well as regional capital markets.

9:35 AM

Ringgit & Sense

Khairi Shahrin Arief bin Baki, Deputy CEO at CGS International discusses asset classes and investment strategies.

10:05 AM

Open For Business

11:00 AM

Tech Talk

Bruce Yang, Co-Founder of SapiensAI, joins us to discuss what goes into building an AI-native workspace and what the future of AI-assisted work might look like.

12:00 PM

Enterprise Explores

1:00 PM

The Breakfast Grille Repeat

Ibrahim Suffian of Merdeka Center and Shahril Hamdan of the Keluar Sekejap podcast join us to unpack the Madani government's track record at mid-term.

2:05 PM

Discovery Hour

3:05 PM

Beyond the Ballot Box

4:05 PM

Health & Living

We dive into why autistic children struggle with repetitive, dichotomous or catastrophising thoughts, and why we should adjust our understanding of their needs.

5:00 PM

Top 5 at 5

6:00 PM

Talkback Thursday

8:00 PM

BBC World Service

Crowd Science tries to unpack the question of "what if the Earth spun backwards?"