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INDUSTRI INSURANS DAN TAKAFUL MEMPERKENALKAN LANGKAH-LANGKAH INTERIM UNTUK PEMEGANG POLISI/PESERTA TAKAFUL YANG TERKESAN OLEH PENETAPAN SEMULA PREMIUM/SUMBANGAN

Langkah-langkah termasuk menaikkan premium/sumbangan secara berperingkat, peruntukan khas untuk pemegang polisi/peserta takaful berusia 60 tahun ke atas yang dilindungi oleh pelan yang minima, memberi pilihan untuk mengaktifkan semula polisi/sijil yang telah diserahkan atau luput, perkhidmatan sokongan khusus dan memberi pilihan untuk produk alternatif kepada mereka yang tidak ingin terus dilindungi oleh pelan yang telah melalui [...]

December 20th, 2024|News Release|

INSURANCE AND TAKAFUL INDUSTRY INTRODUCES INTERIM MEASURES FOR POLICYHOLDERS/TAKAFUL PARTICIPANTS IMPACTED BY PREMIUM/CONTRIBUTION REPRICING

Measures include spreading out premium/contribution increases affected by repricing, special provisions for 60 years old and above policyholders/participants who are covered under minimum plan, options to reinstate surrendered/lapsed policies and dedicated support services, and offering of alternative products for those who do not wish to continue due to repricing KUALA LUMPUR 20 December 2024 – The Life Insurance Association [...]

December 20th, 2024|News Release|

PIAM MENJAMIN BANTUAN DAN PEMPROSESAN TUNTUTAN LANCAR KEPADA MANGSA BANJIR

Kuala Lumpur, 2 Disember 2024 – Persatuan Insurans Am Malaysia (PIAM) dengan ikhlasnya merakamkan rasa simpati kepada mereka yang terjejas akibat banjir besar baru-baru ini, terutamanya di negeri-negeri bahagian utara Semenanjung Malaysia. Dengan lebih 139,000 individu dipindahkan, kesan akibat banjir tahun ini adalah lebih teruk daripada yang berlaku pada 20141.   PIAM dan syarikat ahli kami [...]

December 2nd, 2024|News Release|

PIAM ASSURES FLOOD VICTIMS ON SWIFT CLAIMS PROCESSING AND SUPPORT

Kuala Lumpur, 2 December 2024 – Persatuan Insurans Am Malaysia (PIAM) extends its heartfelt sympathies to those affected by the recent devastating floods, particularly those in the northern states of Malaysia. With over 139,000 individuals displaced, this year's floods have surpassed the impact of the 2014 floods1. PIAM and its member companies are committed to playing [...]

December 2nd, 2024|News Release|

INSURANCE AND TAKAFUL INDUSTRY ADDRESS CONCERNS ON MEDICAL PREMIUM INCREASES AMIDST RISING HEALTHCARE COSTS

KUALA LUMPUR 28 November 2024 – The Life Insurance Association of Malaysia (LIAM), the Malaysian Takaful Association (MTA) and Persatuan Insurans Am Malaysia (PIAM) acknowledge the concerns raised by policyholders regarding the recent increase in medical premiums. We understand that these adjustments may cause concern, and we are committed to providing transparency and support during [...]

November 28th, 2024|News Release|

PIAM APPOINTS CHUA KIM SOON AS CHIEF EXECUTIVE OFFICER

Kuala Lumpur, 8 October 2024 – Persatuan Insurans Am Malaysia (PIAM) wishes to announce the appointment of Chua Kim Soon (Kim Soon) as the Chief Executive Officer of the Association. He will succeed Julie Lean Gim Chong, effective from 7 October 2024. Mr Chua Kim Soon, PIAM Chief Executive Officer   PIAM’s Chairman, Ng Kok [...]

October 8th, 2024|News Release|

MOTORISTS ENCOURAGED TO #JOMLEVELUP THEIR MOTOR INSURANCE AND TAKAFUL KNOWLEDGE WITH MORE EDUCATIONAL RESOURCES

Kuala Lumpur, 25 July 2024 – Persatuan Insurans Am Malaysia (“PIAM”) and  Malaysian Takaful Association (“MTA”), together with their respective member companies, in collaboration with Bank Negara Malaysia (BNM), announce the launch of a comprehensive educational microsite, a brand film, and an exciting contest designed to empower motorists and promote safe driving practices under the [...]

July 25th, 2024|News Release|

PIAM APPLAUDS APPROVAL OF NEW MOTOR VEHICLE REPAIR STANDARDS

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 [...]

July 17th, 2024|News Release|

PIAM ANNOUNCES NEW BOARD OF DIRECTORS FOR 2024 – 2026

 Mr Ng Kok Kheng, Chairman of PIAM Board of Directors Kuala Lumpur, 9 May 2024 – Persatuan Insurans Am Malaysia (PIAM) announces the appointment of its Board of Directors for the 2024 to 2026 term, effective 25 April 2024. Mr Ng Kok Kheng was elected as Chairman of the Board for a two-year term. He [...]

May 9th, 2024|News Release|

ENHANCED VEHICLE REPAIR STANDARDS ENSURES QUALITY CARS ON MALAYSIAN ROADS

Kuala Lumpur, 3 May 2024 – PIAM, the General Insurance Association of Malaysia continues to anticipate the release of the Malaysian Standard - Motor Vehicle Aftermarket Smash Repair Requirements (“JSM MS”) by Jabatan Standard Malaysia (“JSM”) in Q2 2024. This standard is expected to elevate the quality and professionalism of motor vehicle smash repair services [...]

May 3rd, 2024|News Release|
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