Latest Insurance News in Malaysia

Insurance and Takaful industry COVID-19 Test Fund calling policy/certificate holders to submit their claims for tests done on or before 31 May 2021

Kuala Lumpur, Thursday, 1 July 2021 – The Life Insurance Association of Malaysia (LIAM), Malaysian Takaful Association (MTA) and Persatuan Insurans Am Malaysia (PIAM) are urging policy/certificate holders who have done their COVID-19 Test on or before 31 May 2021 to submit their application via the MyCTF website at www.myctf.my by 15 July [...]

PRIORITIZING CUSTOMER SATISFACTION

Kuala Lumpur, 25 June 2021 – All member companies of Persatuan Insurans Am Malaysia (PIAM) and Malaysian Takaful Association (MTA) would like to assure consumers that the industry places great importance on overall customer experience which would inevitably include efficient complaints handling. Consumer complaints are “opportunities” for the industry to improve products and [...]

Life Insurers and Family Takaful Operators Extend Deferment of Premium/Contribution Payment to 31 December 2021; General Insurers continue to offer additional relief measures to policyholders affected by the COVID-19 pandemic to year end.

FOR IMMEDIATE RELEASE Life Insurers and Family Takaful Operators Extend Deferment of Premium/Contribution Payment to 31 December 2021; General Insurers continue to offer additional relief measures to policyholders affected by the COVID-19 pandemic to year end. Kuala Lumpur, 22 June 2021 - The Life Insurance Association of Malaysia (LIAM) and Malaysian Takaful Association [...]

Announcement

Kuala Lumpur, 15 October 2020 – Persatuan Insurans Am Malaysia (PIAM) has announced the appointment of Julie Lean Gim Chong as the Chief Executive Officer Designate of the Association with effect from 15 October 2020. There will be a phased handover transition until she takes over the duties of the current CEO, Mark Lim [...]

PIAM’S FLOOD ADVISORY

Kuala Lumpur, 8 October 2020 – The General Insurance Association of Malaysia (PIAM) urges the public to be prepared to protect their assets from possible flood damage and other natural disasters, in preparation of the monsoon transition phase which commenced on 24 September 2020 and expected to last till end November 2020. According [...]

The insurance and takaful industry is broadening the eligibility for reimbursement from the COVID-19 Test Fund (CTF) to benefit more consumers

Kuala Lumpur, Saturday, 11 April 2020 – The Life Insurance Association of Malaysia (LIAM), Persatuan Insurans Am Malaysia (PIAM) and the Malaysian Takaful Association (MTA) have broadened the reimbursement eligibility to encourage more insurance policyholders/takaful certificate holders to undergo COVID-19 tests. Under the revised eligibility, all the policyholders/certificate holders can claim from the [...]

INSURANCE AND TAKAFUL INDUSTRY LAUNCHES THE COVID-19 TEST FUND (CTF) PORTAL AIMED AT TESTING OVER 26,600 PEOPLE

Kuala Lumpur, Wednesday, 8 April 2020 – The Life Insurance Association of Malaysia (LIAM), Persatuan Insurans Am Malaysia (PIAM) and the Malaysian Takaful Association (MTA) have finalised the operational details of the COVID-19 Test Fund (CTF) to benefit medical insurance policyholders and takaful certificate holders nationwide. Earlier the  insurance and takaful industry has [...]

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