Zurich, Malaysia launches new products to protect against the effects of climate risks

Written by Zufazlin Baharuddin

KUALA LUMPUR, April 25 (Bernama) — Zurich Insurance Group (Zurich) plans to introduce new products and services in Malaysia this year that are specifically designed to meet customers’ evolving needs, Chief Customer Responsibility said. said Connie Culture.

The main focus is on protecting customers from the effects of unexpected weather and weather phenomena.

“In the Malaysian market, we have seen climate issues have a significant impact on the well-being of local customers, such as the 2021 floods that affected 11 states across the country.

“During this period, the insurance and takaful industry covered 36% of the overall losses, totaling RM2.2 billion,” she told Bernama.

Kulture said the company previously used the Zurich Flood Truck to provide Zurich Flood Relief Kits to flood-affected insureds to provide assistance and settle claims of up to RM30,000 on the spot. He said he did.

Additionally, she noted that approximately 37 percent of registered claims were quickly resolved within five business days, relieving customers of the situation.

Mr Kulture emphasized that Zurich Malaysia is consistently evolving to meet the needs of its customers, including health, property protection and the safety of loved ones.

“Malaysia is a great example of how we are able to comprehensively serve customers from all walks of life through our unique market position as the only global brand with all four insurance and takaful licenses.” she stated.

He said Zurich has built a global customer intelligence platform that can provide every customer with customized offers and recommendations based on their needs.

“In line with our goal to meet and exceed customer expectations through innovative, accessible insurance and noble solutions, we are strengthening our digital platforms to improve our customer interactions and service delivery. .

“Whether it’s strengthening our customer-facing capabilities or streamlining our internal operations to better understand our customers’ needs, we will continue our commitment to innovation and digitization,” she added.

Zurich Insurance Group is one of the world’s leading multi-insurance companies serving people and businesses in more than 200 countries and territories.

As of December 2023, Zurich Malaysia ranks 5th in general insurance and Takaful and 11th in Life and Family Takaful.

— Bernama

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