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Allianz Malaysia opens bid for panel of authorised repairers

Allianz General Insurance Company (Malaysia) Bhd is seeking General Insurance Association Of Malaysia’s (PIAM) approved repairers scheme (PARS) workshops nationwide via open tender to join its panel of authorised repairers for 2023 and 2024. Allianz General said invitations would be sent out to all PARS workshops nationwide on Oct 11. Interested PARS workshops are required…
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Monsoon season is here, get special perils car insurance add-on!

MetMalaysia predicts that we will face continuous heavy rains from mid-November, but it already starting to flood right now in end-September. Things might get seriously bad in mid-November. The impact is more significant this time around as northeast monsoon is active that time of the year, and the La Nina phenomenon will be present till early…
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Allianz Motorbike Insurance free RM10K PA cover

The Allianz Motorcycle Plus (comprehensive or third party) has been enhanced to also cover pillion riders of motorcycles 250cc and below. As long as the authorised rider is covered by the insurance they along with the pillion rider get a protection with death or permanent disablement of RM10,000 each and hospital income up to RM6,000…
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Allianz Malaysia’s profit RM478mil in FY21

Allianz Malaysia Bhd recorded a net profit of RM478.50 million for the financial year ended Dec 31, 2021, an 8% drop from the RM520.33 million achieved in the preceding financial year. Its revenue, however, rose to RM6.43 billion from RM5.95 billion previously, the insurance group said in a filing with Bursa Malaysia on Tuesday (Feb…
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Owners of uninsured vehicles courting trouble

The General Insurance Association of Malaysia yesterday said that owners of uninsured vehicles are courting trouble should they have a traffic collision. The association said under Section 90 (1) of the Road Transport Act 1987, it is mandatory for owners of motor vehicles using public roads to have a valid motor vehicle insurance to obtain…
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Allianz General to focus on products and value-added services

Allianz General Insurance Company (Malaysia) Bhd will continue to focus on products and value-added services to maintain the company’s strong performance in the industry. Chief executive officer (CEO) Sean Wang said the company would maintain its current strategy as it is difficult to plan too far ahead, given the fluid situation regarding how Covid-19 is…
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Insured your motorcycle with Allianz and win a motorcycle!

Allianz Malaysia Bhd’s 111 Motorcycle Campaign is offering up 110 monthly prizes including a Honda Wave Alpha and a grand prize of a Honda CBR250RR worth RM25,999. Riders who purchase an Allianz Motorcycle Plus (comprehensive or third-party) or Allianz Motorcycle (comprehensive or third party) policy between now and Dec 31 will automatically be in the…
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Motor insurance claims fraud cost RM1 billion a year

The Allianz Road Rangers (ARR) initiative by insurance company Allianz takes the overused “there for you” promise literally. It does that, in-person, all the way from the accident scene to delivering the repaired car back to you. More than just the standard free towing service, ARR deploys its First Response Bike Brigade to accompany customers in an…
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Allianz projects weak growth for motor insurance this year

Allianz Malaysia Bhd has projected a weak growth for motor insurance this year in line with the slump in vehicle sales during the lockdown period. Chief executive officer Zakri Khir said Phase One of Movement Control under the National Recovery Plan for the whole of this month has had an adverse effect on the motor…
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Allianz’s earnings increase in FY20 on higher gross written premiums

Allianz Malaysia Bhd’s net profit increased 5.7 per cent to RM520.33 million during the financial year ended December 31, 2020 (FY20) from RM492.48 million recorded in FY19. The group’s revenue in FY20 increased 7.4 per cent to RM5.95 billion from RM5.53 billion. For the year, the group earned RM 5.31 billion in gross written premiums…
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