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A Complete Non-public Automotive Insurance coverage Add-On to Enhance Flexibility for Automotive Homeowners to Pay for What They Want
KUALA LUMPUR, MALAYSIA – Media OutReach – 27 April 2023 – MSIG Insurance coverage (Malaysia) Bhd (“MSIG Malaysia”) has launched a brand new motor add-on for chosen complete personal automotive insurance coverage referred to as “EZ-Mile”. The motor add-on permits new and present MSIG motor insurance coverage clients to scale back their complete motor insurance coverage premium by selecting any of the three mileage-based utilization plans between 5,000km, 10,000km and 15,000km – every of which gives premium financial savings on chosen complete motor insurance coverage packages. This offers MSIG clients, significantly those that drive low mileage annually, flexibility to decide on whichever bundle that greatest displays their anticipated automotive utilization and but nonetheless profit totally from the safety provided by MSIG’s complete motor insurances.
MSIG Malaysia Chief Govt Officer Mr. Chua Seck Guan mentioned, “The brand new EZ-Mile Motor Add-on provides folks a great motive to drive much less and, within the course of, cut back their carbon footprint, which is consistent with MSIG’s assist of the United Nation’s Sustainable Growth Targets (SDGs), significantly SDG13 – Local weather Motion. As well as, we’re additionally conscious that driving behaviours have modified over the previous few years primarily on account of altering employment fashions. We recognised this development and being conscious of buyer wants, created this modern add-on to let automotive customers pay a premium primarily based on how a lot they drive, whereas nonetheless offering all the advantages of a complete insurance coverage protection. We hope this may go some option to lightening the burden of Malaysian street customers.”
Clients who go for MSIG EZ-Mile Motor Add-on could have their mileage measured by a small wi-fi system referred to as a Microtag that hyperlinks through Bluetooth to their smartphone. When the mileage allowance appears prone to be exceeded, the motorist should purchase a ‘top-up’ to keep up their Complete motor insurance coverage.
The Microtag additionally permits more practical roadside help with two companies referred to as eCall and bCall. The eCall characteristic will mechanically name for help when an influence is detected to be sure that within the occasion of an accident, emergency companies are alerted early. Within the occasion of breakdown, the consumer also can use the bCall characteristic to shortly get in contact with the 24-hour help hotline. Additional particulars on the phrases and situations of MSIG EZ-Mile Motor Add-on could be discovered at https://www.msig.com.my/personal-insurance/merchandise/ez-mile/.
Mr. Chua concluded, “MSIG EZ-Mile Motor Add-on has been designed with our clients in thoughts. We wished to offer them with an choice which saves them cash on their insurance coverage in the event that they drive much less. It is a win for our clients and likewise for the surroundings and we consider this new choice will likely be effectively acquired.”
These all in favour of buying or discovering out extra about MSIG EZ-Mile Motor Add-on can contact an MSIG insurance coverage adviser or name MSIG at 1-800-88-MSIG (6744) for additional data.
Hashtag: #MSIG
The issuer is solely chargeable for the content material of this announcement.
About MSIG Insurance coverage (Malaysia) Bhd
MSIG Insurance coverage (Malaysia) Bhd (“MSIG Malaysia”) is a subsidiary of Mitsui Sumitomo Insurance coverage Firm, Restricted and a member of MS&AD Insurance coverage Group Holding, Inc. (MS&AD), one of many prime ten** basic insurers on the planet.
With over 100 years of basic insurance coverage expertise and a nationwide community of 20 branches in Malaysia, MSIG Malaysia is among the main basic insurers in Fireplace, Engineering and Motor courses and No.1* in Marine Cargo, providing an intensive vary of services and products for private and enterprise wants.
MSIG Malaysia’s experience is effectively recognised by its receipt of many prestigious awards. These have included the 2020 Reader’s Digest High quality Service Award – Silver winner within the Automotive Insurance coverage class. MSIG was acknowledged for having one of many highest ranges of high quality service, which displays the trouble that the corporate has put in to fulfill shopper’s demand for top service requirements. The corporate was additionally awarded the 2018 “Excellent Property and Casualty Insurer in Malaysia” award within the InsuranceAsia Information Awards for Excellence. MSIG Malaysia was recommended for main the market with sturdy monetary progress, funding in product innovation, enhanced digital capabilities in enterprise and claims administration techniques and robust customer support proposition. Its dedication to customer support excellence by its efforts in enhancing the shopper expertise and trade management in Enterprise Danger Administration additionally earned MSIG Malaysia the “Common Insurance coverage Firm of the Yr” on the Asia Insurance coverage Business Awards in 2015.
For extra data on MSIG Malaysia, go to 
www.msig.com.my or fb.com/MSIGmy.
*As of Dec 2022
**Fortune International 500, 2021
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