1 / 15
Pre-Series B · Confidential · 2026
YAS
Digital
The Insurance OS for the AI Economy
Andy Ann

Co-Founder & CEO

andy.ann@yas.com.hk

William Lee

Co-Founder & COO

william.lee@yas.io

yas.io

Hong Kong · GBA · Malaysia

The Problem
Insurance was designed
for a static world.
The world is no longer static.
🐢
Too Slow
Policies take weeks. Risks happen in milliseconds. Autonomous vehicles don't wait for paperwork.
📄
Too Rigid
Coverage tied to fixed locations. Robots, EVs, AI agents, and drones move constantly. The policy doesn't follow.
🔒
Too Blind
Insurers ignore 99% of behavioural data. They still price on age and postcode — not actual behaviour.
By 2030: 100M+ autonomous agents · 500M+ EVs · $4T tokenized assets — none of them can transact safely under today's insurance framework.
Traction
We're not pitching a vision.
We're showing you what's working.
2M+
Policies Issued
$1.3B+
Insured Volume
via AlipayHK
2.04M
Users Covered
800
EV Taxi Contracts
Signed & live
$5.5M
Signed ARR
USD · Growing
3
Markets Live
HK · GBA · Malaysia
Competitive Moat
Our distribution
is the product.
📱
Embedded in the Wallet Layer
AlipayHK + WeChat Pay HK control 80%+ of HK's digital payment flow. YAS insurance activates at payment. No app. No form. No decision.
🗺️
Geospatial Intelligence
800 live EV taxis. 33,053 road segments mapped. Real-time risk scoring per trip. Every kilometre driven improves pricing accuracy.
⚡
API-First Architecture
Any mobility platform, payment wallet, or logistics operator becomes a YAS distribution channel. One API. Days to integrate.
"Chubb spent 50 years building broker distribution. We embedded in 18 months inside the apps 2 million people use every day."
Market Opportunity
The biggest insurance market
in history has no product yet.
TAM
USD $250B+ Asia Embedded Insurance by 2030
SAM
USD $40B — APAC AI + Mobility + Digital
SOM
USD $500M · HK+GBA+MY · 5yr
Insurance Blind Spot
SEA penetration 3–5% vs global avg 7–10%. 500M people with smartphones, zero policies.
Unprotected Assets
$4T tokenized assets. 100M AI agents by 2030. Zero specialized coverage exists today.
The Catalyst
Super-apps + digital wallets + autonomous mobility = perfect structural moment for embedded protection.
The 3 Bets
Three waves converging.
YAS is at all three intersections.
🚗
Bet 1 · Mobility & EVs
800 EV taxis live today. Each ride generates 100KB of telemetry. 10B rides globally = 1 petabyte of new risk data daily. Waymo Dallas live. Uber robotaxi coming 2026.
LIVE IN MARKET ✅
🤖
Bet 2 · AI Agents & Robotics
100M autonomous agents by 2030. Each needs a guardian policy. MTR Hong Kong robot insurance in pipeline. Drone operators have zero viable coverage today.
FIRST CLIENT IN PIPELINE 🔄
₿
Bet 3 · Digital Assets
$4T tokenized assets by 2030. $40B annual fee potential at 1 basis point. USD $150M hot wallet binder from QBE/Lloyd's already secured.
BINDER SECURED · DISTRIBUTION TBD 📍
"That's a trillion-dollar latent market hiding inside every byte of behavioural data."
Product Architecture
YAS SKY OS —
Three Layers. One Network.
YAS STREAM
Embeds coverage in real-time APIs — payments, rides, robots, wallets
API Layer
↕
YAS GRAPH
Learns risk patterns across all connected vehicles, devices, and agents
Intelligence
↕
YAS EDGE
Captures and computes risk locally — speed + privacy at the source
Live · 800 EVs
The Flywheel
More Data
→
Better Pricing
→
More Partners
→
More Coverage
↩
"We're not underwriting. We're orchestrating. Every data packet we process increases the accuracy of every insurer connected to the network."
Real-Time Use Cases
Four categories.
All live or in active pipeline.
🚕
Mobility · LIVE ✅
YAS TAXY — 800 EV taxis. Score per trip, per driver, real-time. Dynamic premium based on actual behaviour. 33,053 road segments risk-mapped.
📲
Payments · LIVE ✅
AlipayHK + WeChat Pay HK. Insurance activates inside the payment flow. 2M+ policies issued. $1.3B insured volume. Zero clicks from user.
🤖
Robotics · Pipeline 🔄
MTR HK disinfection + delivery robots. First commercial robot insurance in APAC. Pay-per-operation, geospatial, all-risk including chemical damage.
🚁
Drones + AI · Roadmap 📍
Drone operators: mandatory coverage, zero viable product today. AI agent guardian policies. Digital asset transaction-level protection.
Why Now
Five forces converging.
The window is 2025–2028.
ForceThe SignalYAS Position
⚡ EV ExplosionBYD, NIO, Zeekr expanding HK/GBA. 50%+ new car sales EV by 2027.800 EV contracts live
🤖 Robotaxi WaveWaymo Dallas Feb 2026. Uber robotaxi LA late 2026. Majority of trips robot within 20 years.Insurance layer above it
🧠 AI Agent Growth100M agents by 2030. Each making financial decisions autonomously.Guardian policy framework building
📱 Super-App FinanceAlipayHK + WeChat Pay dominate HK digital payments. Wallet wars expanding SEA.Already embedded
🏛️ Regulatory TailwindsHKMA, MAS actively embracing embedded insurance frameworks.FSDC board access via N+ Ventures
"The infrastructure for the AI economy is being built right now. Insurance always follows infrastructure — but the winners arrive before mass adoption, not after."
Roadmap 2024–2030
Four phases.
We're executing Phase 2 now.
1

Foundation (2024–2025) ✅

AlipayHK + WeChat Pay live. YAS TAXY: 800 EV taxis. 2M+ policies. $1.3B insured volume. GBA + Malaysia expansion begins. $5.5M signed ARR.

2

Expansion (2026–2027) ← NOW

$30M Pre-Series B. Robotics insurance launch (MTR/Lewis Ho). Drone insurance APAC-first. SEA rollout: SG, TH, PH. ARR target: $15–20M.

Platform (2027–2028)

YAS SKY OS full stack live. 10+ underwriter partners. AI agent guardian policies. ARR target: $50M. Series B raise.

Global API (2028–2030)

1B+ policy events annually. Global licensing of YAS SKY OS to tier-1 carriers. Digital asset coverage at transaction level. ARR target: $150M+.

Competitive Landscape
We're not competing
with insurers. We're building
the layer above them.
CapabilityTraditional (Chubb/AXA)Digital ChallengersYAS
Real-time risk scoring❌❌✅ Live
Embedded in wallet/payment❌❌✅ AlipayHK + WeChat
API-native, days to integrate❌Partial✅
APAC super-app distribution❌❌✅ Exclusive
Robotics / Drone coverage❌❌🔄 Building
AI agent guardian policies❌❌📍 Roadmap
Financials
Revenue is real.
The curve is steep.
ARR Progression
2022
$0.4M
2023
$1.3M
2024
$3.2M
2025
$5.5M signed
2026
$12–15M target
Business Model
Policy API Fees
SaaS fee per policy event
Primary
Data Licensing
Risk intelligence to underwriters
Growing
Platform Fees
% of premiums processed
Scaling
Gross Margin
65%+
Platform model, not pure insurance carrier
Team
Built by operators,
not theorists.
Andy Ann
Co-Founder & CEO
  • Founded NDN Group — 35+ ventures, 24 years, APAC digital ecosystem
  • Co-founded Klarity Analytics → acquired by Meltwater (2017)
  • Co-founded HotMob (leading mobile data co.)
  • TEDxWanChai founder · PolyU GenAI advisory panel
  • Lectures at 7 Hong Kong universities
William Lee
Co-Founder & COO
  • Web3 + autonomous insurance specialist
  • Led YAS product from concept to 2M+ policies
  • Bridge between insurtech, web3, and mobility
  • UBC educated
Advisory — N+ Ventures
Strategic Partners
  • Norman Tam — ex-CEO WeChat Pay HK, ex-VP Tencent Cloud
  • Bosco Lin — ex-Alipay/Ant Group, FSDC board member
  • Max LY Lau — ex-Google 13 years (Gemini AI infrastructure)
Fundraise Team
Series B Readiness
  • Carmen Ho — Finance Lead, data room + reporting
  • Marc Tarshis — Investor Relations, pipeline management
  • Combined: 5 exits · 60+ years experience · $100M+ raised
Raise & Use of Funds
USD $30M
Pre-Series B
Pre-Money Valuation
$42.5M
Target Lead Investor
Strategic: Insurance group, mobility platform, or digital asset player with APAC focus.
Target: Zurich Ventures (Cara Morton)
Comparable: Ominimo (EU AI motor insurance) — Zurich backed at $220M. YAS = APAC equivalent with embedded distribution Ominimo cannot replicate.
Use of Funds
SEA Market Expansion (SG, TH, PH, MY)
40% · $12M
Product Dev (SKY OS, Robotics, Drones)
25% · $7.5M
Distribution Partnerships
20% · $6M
Team & Operations
15% · $4.5M
This Round Unlocks
$30M ARR by 2027 · Nasdaq IPO readiness 2028 · #1 Embedded Insurance OS in APAC
The Vision
YAS = The Operating
System of Risk
"In a world where machines make decisions and transactions autonomously, YAS ensures trust exists in every action."
Insurance stops being paperwork.
It becomes the nervous system of a connected planet.
Andy Ann · CEO
andy.ann@yas.com.hk
+852 9319 3019
William Lee · COO
william.lee@yas.io
yas.io
1 / 15