New Generation of Insurance

In 2017, Insurance Authority launched the virtual insurance license scheme and opened up unprecedented possibilities for the industry. Before this, a group of actuaries quit their comfortable jobs to become outsiders and really focus on how the industry could finally be modernized and truly serve its original noble purposes. 

After rigorous examination of our financial resources, management expertise and technological capabilities, Bowtie was approved by the Insurance Authority on December 2018 to become Hong Kong's first virtual insurer.

Bowtie believes that Insurance is Fundamentally Good. We are here to bring the Good back, through Modern Technology.

Join Us
Bowtie Team

Real Insurance.

Insurance is fundamentally good, but the system is backward. Instead of serving its original purpose of providing protection, far too many insurance products in Hong Kong are designed with savings or investment in mind and complex fine print. Bowtie believes insurance should be protection-focused, transparent and truly customer-centric.

Zero commission is only the first step. By eliminating paper and simplifying the insurance experience, Bowtie's mission is to deliver real insurance that is tailored to each and every customer.

Join Us

The Team

Fred Ngan FSA

Co-Founder / Co-CEO

Fred is a serial entrepreneur with a passion for innovation and disruption. He previously practiced in Chicago, London, Toronto and Hong Kong as a consulting actuary at reputable global advisory firms such as EY and Oliver Wyman.

Michael Chan FSA, CFP

Co-Founder / Co-CEO

Michael is a mission-driven entrepreneur with a deep belief that insurance is fundamentally good. He has over 10 years of international experience in insurance.

Dicky Lam FSA

CFO / Appointed Actuary

Dicky is a senior insurance executive with over 20 years of international experience in the life insurance industry. He was most recently the Chief Actuary of a major insurance company.

Gary Wong

Head of Growth

Gary has 4 years of experience in investment banking and has worked in a number of US Silicon Valley and Hong Kong startups, specializing in helping the company grow from 0 to 1. He loves football and his favorite team is Barcelona. He has dreamed about becoming a Barcelona player since childhood.

Jacky Lio MRCP (UK), MBBS (Lond.)

Medical Director

Jacky was trained in UK as a Specialist in Acute Medicine. Years of NHS service had given him heart felt insights into the pros and cons of public healthcare. He is now ready to lay down his scalpel and pick up his keyboard, looking to leverage all he learnt to help Bowtie tailor medical products that truly benefits the need of Hong Kong.

Feiko Lai

Head of Engineering

Feiko has worked in the technology industry for more than 10 years, having worked for well-known Hong Kong startups such as GOGOVAN. His interests are playing video games, sharing snacks with colleagues and bringing joy to the company.

“While digital technology is on the rise, we believe the current system is backward and needs change. Hong Kong desperately needs a challenger insurer to rethink what insurance should be – truly customer-centric, transparent and commission-free.”

Fred Ngan

Fred Ngan

Bowtie Co-CEO

“As a real Hong Kong start-up, Bowtie is all about delivering convenience through technology. This is exciting because we get to reinvent the very structure of an insurance company, designing around the bureaucracy plaguing everyone and replacing it with modern technology.”

Michael Chan

Michael Chan

Bowtie Co-CEO

Join the Revolution

The Co-Founders and Co-CEOs of Bowtie, Fred and Michael, are home-grown serial entrepreneurs who left their comfortable actuarial roles at global advisory firms in the United States to start two successful insurtech start-ups in Hong Kong prior to founding Bowtie.

Inspired by the founders' vision, Bowtie has attracted talent from both local and Silicon Valley tech startups, as well as former C-level executives from international insurance companies to drive industry change.

Job Openings

Get to know Bowtie

Get our latest news & promotions

Thank you for your subscription! We will update you with the latest promotions and information.
Please check your internet connection and please try again later.