Kuala Lumpur, 17 July 2024 – PIAM, the General Insurance Association of Malaysia, enthusiastically supports the Malaysian Standard – Motor Vehicle Aftermarket Smash Repair Requirements. This significant standard was approved by YB Senator Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz, Minister of Investment, Trade and Industry Malaysia (MITI), on 30 May 2024.
This heralds a new era of excellence and professionalism within the motor vehicle accident repair industry and is poised to complement the imminent release of the Insurers and Takaful Operators – Repairers Code of Conduct, in collaboration with Bank Negara Malaysia, the general insurance and takaful industry and the motor repair industry and Jabatan Pengangkutan Jalan Malaysia’s (JPJ) Accident Collision Repair Guidelines, promoting the unified regulatory improvements across the sector.
PIAM has been closely monitoring these developments, and the Association is committed to keeping all stakeholders informed. An important update will be issued in due course.
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About General Insurance Association of Malaysia (PIAM)
PIAM is the national trade association of all licensed direct and reinsurance companies for general insurance in Malaysia. Currently, PIAM has 23 member companies. More information on PIAM can be obtained from its website: www.piam.org.my
Media Relations Contact:
Susanna G. Simon
Manager, Consumer Education, PR and Corporate Communications
Persatuan Insurans Am Malaysia (PIAM)
Tel : +603-2274 7399
Fax : +603-2274 5910
E-mail : susanna.simon@piam.org.my