Allianz Malaysia eyes the underinsured

KUALA LUMPUR: Allianz Malaysia Bhd (Allianz Malaysia) says it will need to manoeuvre its business around pandemic challenges to stay resilient and brace for challenges ahead as the insurer expects COVID-19 to continue to be in the backdrop in 2022. Chief executive officer Sean Wang said that while business will continue to be very challenging […]

The realities of being an insurance agent

In today’s world, getting an insurance policy can be considered a necessity. However, there are still many people who either cannot afford it or do not believe in getting insured. Because of that, selling insurance policies is no walk in the park, say agents who share the challenges they face in their jobs. No walk […]

Zakri Khir steps down from Socso chair

KUALA LUMPUR: Allianz Malaysia Bhd has confirmed news reports that Zakri Khir has resigned from his post as the chairman of the Social Security Organisation (Socso). In a statement today, Allianz Malaysia said Zakri, who is also the chief executive officer of the company as well as Allianz General Insurance Company (M) Bhd, tendered his […]

Consider reimbursing patients for Covid-19 testing

KUALA LUMPUR: The insurance industry should consider reimbursing patients for Covid-19 testing, particularly for those admitted for treatment and procedures at private hospitals. Association of Private Hospitals Malaysia (APHM) president Datuk Dr Kuljit Singh said currently insurance companies refused to provide reimbursement for Covid-19 testing if the admission is not related to the pandemic. “Hospitals and doctors are worried that if this […]