What is worth noting is that the life insurance penetration rate in Malaysia has not moved from the 54% level over the last five years. “In AIA PUBLIC Takaful, we also leverage on our unique health programme, AIA Vitality, and provide differentiated healthcare services through various partnerships. Elmie said the 100% non-face-to-face remote capability has helped its Takaful life planners overcome the limitations of not having physical meetings. Extending reach into digital insuranceAt the end of last year, AIA General Bhd rolled out its first digital insurance offering, which marks the insurer’s first foray into the digital insurance space. AIA Online Shield is an affordable personal accident plan that also provides coverage for Covid-19.

Source: The Edge Markets May 09, 2021 16:00 UTC