Allianz Malaysia eyes the underinsured

TheStar Mon, Feb 14, 2022 09:00am - 2 years View Original


Chief executive officer Sean Wang (pic) said while business will continue to be very challenging in the months ahead, the company is well-equipped to embrace these challenges and will continue to monitor market and customer sentiments to offer appropriate, relevant and meaningful products to its policyholders.

PETALING JAYA: Allianz Malaysia Bhd says it will need to manoeuvre its business around pandemic challenges to stay resilient and brace for challenges ahead as the insurer expects Covid-19 to continue to be in the backdrop in 2022.

Chief executive officer Sean Wang (pic) said while business will continue to be very challenging in the months ahead, the company is well-equipped to embrace these challenges and will continue to monitor market and customer sentiments to offer appropriate, relevant and meaningful products to its policyholders.

Commenting on the recent unprecedented floods in the country, Wang said it was necessary for insurers to focus on education and awareness among customers to quell the notion that customers were underserved when the real issue was that customers were underinsured.

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