Bowtie
ActiveHong Kong’s First Virtual Insurance Company
Bowtie Life Insurance Company Limited
About Bowtie
Bowtie is a licensed life insurance company and Hong Kong’s very first virtual insurer. Built with modern technology and medical expertise, Bowtie’s powerful platform offers medical insurance plans under the Voluntary Health Insurance Scheme (VHIS) and other real insurance products to customers instantly and directly. By eliminating paper, commissions and intermediaries, Bowtie’s mission is to enable a new generation of consumers to access real insurance protection and take control of life protection decisions for themselves. Bowtie is backed with HKD 234 million from Sun Life Financial and supported by leading international reinsurers.
Funding (US$ m)
US$87.5m
Total raised
US$150m
Valuation
| Round | Year | Amount |
|---|---|---|
| Latest round | 2023 | 34.9 |
| Round −1 | 2021 | 22.6 |
| Round −2 | 2018 | 30 |
Financials (HK$ m)
| Year | Revenue | EBIT |
|---|---|---|
| 2023 | 157.7 | -121.2 |
| 2024 | 227 | -152.2 |
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