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Axiata Digital’s online wallet Boost has reportedly launched three new micro-insurance and takaful plans under the name “Boost Protect” in order to provide consumers in Malaysia with affordable and premium coverage. The addition of MozzieProtect, FamilyProtect, and Critical Illness Care brings the total coverage plans being offered by the company to 13. These product offerings have been underwritten by three Great Eastern entities: Great Eastern Life Assurance (Malaysia), Great Eastern General Insurance (Malaysia), and Great Eastern Takaful. Great Eastern has previously invested $70 million in capital into Axiata Digital (in June 2020). It was notably the largest Fintech investment at that time. ....
LIAM president Loh Guat Lan KUALA LUMPUR: The Life Insurance Association of Malaysia (LIAM) has re-elected Loh Guat Lan as president at its recent annual general meeting. In a statement today, LIAM said Loh will be supported by vice-president, Raymond Lew, for the 2021/2022 term. Raymond LewLoh is currently the group managing director/chief executive officer (CEO) of Hong Leong Assurance Bhd and has more than 30 years of experience in the life insurance industry, while Lew is the CEO and president of Sun Life Malaysia Assurance Bhd. LIAM said it also welcomed two new management committee members, Vibha Coburn and Prasheem Seebran. ....
Tuesday, 06 Apr 2021 06:32 PM MYT KUALA LUMPUR, April 6 The Life Insurance Association of Malaysia (LIAM) has re-elected Loh Guat Lan as president at its recent annual general meeting. In a statement today, LIAM said Loh will be supported by vice-president, Raymond Lew, for the 2021/2022 term. Loh is currently the group managing director/chief executive officer (CEO) of Hong Leong Assurance Bhd and has more than 30 years of experience in the life insurance industry, while Lew is the CEO and president of Sun Life Malaysia Assurance Bhd. LIAM said it also welcomed two new management committee members, Vibha Coburn and Prasheem Seebran. ....
08 Mar 2021 / 10:19 H. Below: Koh said Great Eastern has been introducing initiatives to support their customers on every journey during these unprecedented times. GREAT EASTERN pledges a total of RM1 million under the Covid-19 Vaccine Fund to help customers following the recent roll-out of the National Covid-19 Immunisation Programme. The fund is extended to customers of Great Eastern Life Assurance (Malaysia) Berhad, Great Eastern General Insurance (Malaysia) Berhad and Great Eastern Takaful Berhad. Customers of Great Eastern Life Assurance (Malaysia) must be a registered e-Connect user whose policies are in-force during the fund’s coverage period, from now until Dec 31 or when the fund has reached its RM1 million limit. ....