Car_Accident

117,000 accidents in 2015 Q1

KUALA LUMPUR: A total of 117,934 accidents were recorded in the first quarter of this year, an increase of 3.3% compared with 114,115 reported last year. Bukit Aman traffic police chief Mohd Fuad Abdul Latiff said 73 people died in 45 accidents during this period. Most of the fatalities were…

tokiomarine

TOKIO MARINE MALAYSIA LAUNCHES NEW BRAND IDENTITY

KUALA LUMPUR, 6 April 2015 – Tokio Marine unveiled its new collective corporate brand identity Tokio Marine Insurance Group consisting of its life and non-life companies in Malaysia. This rebranding reflects a renewed commitment to provide a unified customer experience through a one-stop marketing platform as a provider of comprehensive…

Helpful Tips on insurance

Insurance Tips – Avenue for Claim Disputes

Scenario 1: The Insured vehicle sustained damages in an accident. It was discovered that the engine of the vehicle had been changed to another with the same cubic capacity. The Insured had, at the material time, submitted the relevant documents to the JPJ notifying the change of the engine and…

Helpful Tips on insurance

Insurance Tips – How to make a motor claim

Consumers often complain about processing delays in their insurance claims. More often than not, the stumbling blocks in the claim process are insufficient information given on the claim form, lack of supporting documentation or the lack of understanding on what the policies actually cover. The most common general insurance policies…

FMB

FMB settled 2106 disputes in 2014

MOTOR insurance claims accounted for the highest number of disputes between consumers and financial service providers (FSPs) resolved by the Financial Mediation Bureau (FMB) last year. FMB resolved a total of 2,106 disputes, comprising 1,362 insurance-related and 744 banking-related cases last year, said its chief executive officer Jeremy Lee Eng…

RHB Insurance

RHB to sell insurance arm?

17 Apr 2015 | StarBiz RHB Capital Bhd (RHBCap), which is undertaking a major corporate restructuring, may dispose of or reduce its interest in its insurance arm, RHB Insurance Bhd, to further unlock value in the group. Sources said the insurance arm contributed only 3% of the group’s earnings. “The trend…

Helpful Tips on insurance

Insurance Tips – Preventing Car Theft

Vehicle theft is one of the most traumatic experiences you can face, but there are ways to prevent you from being a victim of this crime. Some key steps you can take to protect yourself are: Lock your vehicle doors, and any additional car theft prevention locks if you are…