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Insurance Companies Snooping on Twitter and Facebook Accounts'
From Malaysia Insurance Entrepreneurs, 7 month ago, Read 0 times. Similar articles
In US and Europe markets it is already a common thing for insurers to check various information of individual by “snooping” on to the social media platforms as a form of intelligence gathering. Insurers use of social media for anti-fraud purposes is no more a violation of privacy than the way other companies use such information for marketing and other purposes. The problem is that the concept of what is public and private has changed, and technical advances have outstripped the way...
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What do you mean by FRONTING a risk'
From Malaysia Insurance Entrepreneurs, 2 year ago, Read 0 times. Similar articles
Having sat in numerous meetings involving discussions on subjects relating to Risk-based Capital (RBC) and Risk Management & Compliance (mainly to do with the BNM’s directive in respect of JPI/GPI 22) I noticed people having differing understanding and opinion when articulating the subject concerning “fronting” a risk. In this blog I am not too concern [...]
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Direct MOTOR Rebating ? How does this works'
From Malaysia Insurance Entrepreneurs, 2 year ago, Read 0 times. Similar articles
The Guidelines in respect of Direct Motor Mandatory Rebate (click on the PDF for details of the Guidelines) can be quite confusing, having confused numerous insurers when it was first implemented on 1st July 2009. Now some critical issues were also raised recently in respect of subsection 4.1.1 (highlighted in yellow) - “Motor Business” - whether the percentage [...]
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Anika Insurance Broker'. A 40-years long affair
From Malaysia Insurance Entrepreneurs, 2 year ago, Read 1 times. Similar articles
ANIKA Insurance Broker celebrated its 40th anniversary on the 2nd October 2009. Although a home brewed broking outfit, Anika is standing neck to neck with the international boys, and this is one way of saying, “Malaysia Boleh”! The company is also licensed as a Takaful Broker under the Takaful Act, 1984 and is a [...]
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SEX INSURANCE'. Don't leave your spouse alone without one!
From Malaysia Insurance Entrepreneurs, 2 year ago, Read 0 times. Similar articles
Lesson in NEW PRODUCT DEVELOPMENT
When my boss directed me to come up with a product that must eventually make it as the best selling insurance product of all times, I was bewildered…. by the way he sarcastically thought so highly about me! Is there such an insurance product' Where am I to find or rather [...]
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Performance Bond, Insurance Guarantee and Credit Insurance' Aren't these also Financial Guarantees'
From Malaysia Insurance Entrepreneurs, 2 year ago, Read 0 times. Similar articles
Over the last couple of years you get questions consistently being posted as to whether performance bond, insurance guarantee and credit insurance granted by insurers can also be categorised as financial guarantee. Conceptually, Performance Bond, Insurance guarantee and Credit Insurance are basically synonymous with Financial Guarantees. Maybe I should not use the word “synonymous” [...]
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Noordin Mohd Top, provocateur in Terrorism Insurance'.
From Malaysia Insurance Entrepreneurs, 2 year ago, Read 0 times. Similar articles
The masterful bomber and artful dodger who escaped many attempts to capture him is finally dead! Noordin Top is a Malaysian and his presence in Indonesia helped raise the splinter group of the Jemaah Islamiah (JI) which handed numerous bombings around Bali and Jakarta. It also helped to spice up the Malaysian anti-sentiment among the [...]
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MyEG Services in ?www.myeg.com.my' insurance venture, a path less travelled'
From Malaysia Insurance Entrepreneurs, 2 year ago, Read 0 times. Similar articles
In recent days, My E.G. Commerce Sdn Bhd (including MyEG Services Berhad) and their insurance principals are consistently lambasted with complaints coming from other insurers. Most cited the blatant breach or disregard the existence of General Regulation 33 of the Motor Tariff, Guideline on Minimum Disclosure Requirements in the Sale of General Insurance Products and PIAM Members' Circular on [...]
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Advertising on Facebook
From Malaysia Insurance Entrepreneurs, 2 year ago, Read 0 times. Similar articles
Imagine the insurance industry utilising Facebook as a method of niche marketing. But unfortunately none in existing times! Are we missing out on a great opportunity to reach out to hundreds of millions of active users. Something for the agency fraternity to reconsider moving forward.
Today, Facebook has become one of the most [...]
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Referral Risks and Declined Risks'. What are these'
From Malaysia Insurance Entrepreneurs, 2 year ago, Read 0 times. Similar articles
Your boss gave you a list containing “Referral or Referred” risks with specific instruction that your agents cannot accept them but to make referral to you. You would have to assess whether you have the authority to accept such referral otherwise your decision is whether you would want to escalate this to [...]
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McDonald's Comprehensive IP Infringement (McBlog) Insurance Policy
From Malaysia Insurance Entrepreneurs, 2 year ago, Read 0 times. Similar articles
Move over McDonald’s, you have lost another round of court battle over the prefix of “Mac” and “Mc”.
McCurry it is….
……after a long drawn battle since the case was filed in 2001. The Federal court's unanimous view is that McDonald's plea to carry the case forward has no merit, therefore dismissed the application with costs. McDonald's [...]
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