Kuala Lumpur, 22 January 2022 – The recent flash flood that hit Malaysia has affected many people nationwide. The flood risk is likely to persist during this monsoon season and it is of huge concern as many Malaysians are still uninsured against flood. Most Malaysians are uninsured against flood Only 4% of motor (comprehensive) policies [...]
KUALA LUMPUR, 13 January 2022 - In an endeavour to reduce road accidents and fatalities as well as to foster greater road safety awareness amongst road users, the Persatuan Insurans Am Malaysia (PIAM) and the Malaysian Takaful Association (MTA) jointly kickstarted the year-long PIAM-MTA 2022 Nationwide Road Safety Campaign in Kuala Lumpur (“Campaign”) today. [...]
All eligible BPR 2021 recipients should redeem their vouchers by 31 December 2021 Kuala Lumpur, Tuesday, 16 November 2021– The insurance and takaful industry wishes to announce the launch of Phase 2 of the Perlindungan Tenang Voucher (PTV) programme effective 15 November 2021 onwards. Under the 2nd phase, the PTV programme offers social [...]
Kuala Lumpur, 8 November 2021 – Persatuan Insurans Am Malaysia (PIAM) lauds and supports the Government’s initiatives in enhancing social protection through incentives to assist the B40 households and micro, small and medium business segments under the Budget 2022. The government’s initiatives will assist in promoting financial resilience of the economically disadvantaged and [...]
Kuala Lumpur, Wednesday, 29 September 2021 – The Perlindungan Tenang Voucher (PTV) Programme, a national initiative by the Government of Malaysia in collaboration with the Insurance and takaful providers will be officially launched on 30 September 2021, offering social protection to about 8.4 million eligible Bantuan Prihatin Rakyat (BPR) recipients. Under the first [...]
Kuala Lumpur, Rabu, 29 September 2021 – Program Baucar Perlindungan Tenang (PTV), sebuah inisiatif nasional yang diperkenalkan oleh Kerajaan Malaysia dengan kerjasama syarikat insurans dan pengendali takaful akan dilancarkan secara rasmi pada 30 September 2021. Program PTV ini menawarkan perlindungan sosial kepada kira-kira 8.4 juta penerima Bantuan Prihatin Rakyat (BPR) 2021 yang layak,. [...]
Kuala Lumpur, 5 August 2021 – Vehicle Theft Reduction Council of Malaysia (VTREC) are warning the public on the rise of frauds and scams relating to vehicle. The pandemic Covid-19 has resulted in large fortunes for some e-commerce companies, unfortunately so did automotive frauds and scams. Automotive frauds and scams have skyrocketed in [...]
PIAM & MII HOLDS FORUM ON LEADERSHIP FOR THE INSURANCE INDUSTRY Reset.Renewal.Hope.Opportunity Kuala Lumpur, 20 August 2021 – The 6th Insurance Leadership Forum 2021 (ILF 2021) organised by Persatuan Insurans Am Malaysia (PIAM) in collaboration with The Malaysian Insurance Institute (MII) was successfully held on 28 – 29 July 2021. Setting the scene [...]
With reference to the press release entitled “Exemption on Licensing Renewals of Private Motor Vehicles and Competent Driving Licenses (Excluding Vocational Licenses) From 1 Feb To 31 Mar 2021” issued by Ministry of Transport Malaysia (MOT) on 29 January 2021 (Link: https://cddigitaldev.com/piam/wp-content/uploads/2015/06/PRESS-STATEMENT-YBM-MOT-EXEMPTION-ON-LICENSING-RENEWALS-OF-PRIVATE-MOTOR-VEHICLES-AND-CDL-29012021.pdf ), PIAM wishes to clarify that although there is an exemption on [...]
Kuala Lumpur, Sunday, 17 January 2021 – The insurance and takaful industry is fully supportive of the Government’s call on private and public partnership to manage the increasing cases of COVID-19 patients. Generally, pandemic-related risks are not covered under any insurance and takaful plans worldwide. The exclusion stems from the difficulty in pricing for [...]
