Malayan Insurance Co., Inc. has joined forces with Atome to provide travel insurance through the buy‑now, pay‑later platform. The move enables Atome users to purchase coverage directly within the app.
Through the partnership, users can buy Malayan Insurance travel policies starting at P89. The integration is powered by the regional digital insurance platform Qoala, eliminating paperwork and branch visits.
The collaboration aims to deliver travel insurance in a seamless, affordable, and fully digital manner. It brings the insurer’s products straight to customers via Atome’s established payment infrastructure.
Malayan Insurance offers four travel plans—Essential, Plus, Premium, and Elite—available to travelers aged 18 to 80. The plans cover both local and international trips, including destinations in Asia and the Schengen area.
All plans provide personal accident protection, emergency medical coverage, trip cancellation and interruption protection, travel inconvenience benefits, and 24/7 worldwide assistance. Additional features include car rental protection, sports activity coverage, and flight delay benefits.
The Essential plan delivers basic coverage for local travel, while the Elite plan offers up to P5 million in personal accident protection and P3.5 million in emergency medical coverage for international journeys.
Malayan Insurance reported premium income of P5.52 billion for 2025 and a net income of P383.53 million. These figures reflect the company’s growing presence in the Philippine insurance market.
Atome operates under the Advance Intelligence Group’s wallet platform, providing buy‑now, pay‑later services across Southeast Asia. The firm also offers insurance, savings, cards, and lending products in the region.
In 2025, Atome’s annualized net revenue surpassed $500 million, supported by a gross merchandise value of $6 billion. These results underscore the platform’s expanding customer base and transaction volume.
In the Philippines, Atome has issued more than 2 million PayLater Anywhere Cards, with roughly 80 percent allocated to first‑time cardholders. This rollout highlights the firm’s focus on reaching new users through its payment solutions.
