ISM Insurance Services Malaysia Berhad (ISM) has today announced the official launching of Fraud Intelligence System (FIS), the Malaysian Insurance and Takaful industry’s latest initiative in the fight against fraud. It was inspired by consortiums and bureaus in other developed markets which set up industry organisations dedicated to combating insurance fraud through the use of… Read More

The liberalisation of motor tariff, implemented on July 1 should not cause concern among vehicle owners as the method benefits consumers more because the charge or premium payment is based on individual risk profile, said Minister of Domestic Trade, Cooperatives and Consumerism (KPDNKK) Dato’ Seri Hamzah Zainuddin. Under the previous system, vehicle insurance was based on motor… Read More