CTOS Digital expands services to include car insurance

TheEdge Tue, May 17, 2022 08:38pm - 1 year View Original


KUALA LUMPUR (May 17): CTOS Digital Bhd is extending its consumer services with the launch of CTOS Car Insurance, an online platform for car insurance and road tax renewal, through its collaboration with PolicyStreet.com.

CTOS Digital in a statement said CTOS Car Insurance will provide customers with the easiest way to find the best deals in the car insurance market by comparing prices from more than 10 insurance providers in minutes.

“By comparing quotes from a large range of insurers, consumers are able to find savings of up to RM1,000 from their current deals,” it said. “Consumers who successfully renew or purchase their insurance via the new platform will also be able to get a free MyCTOS Score Report to stay on top of their credit health ..including further discounts on car insurance quotes based on the value of premiums selected.”

CTOS Digital chief executive officer Eric Hamburger said one of the company’s primary business objectives is to drive the nation's digital transformation.

“We hope to be able to offer even more value by considering credit scores to present consumers better prices, in line with the motor insurance de-tariffication process started by Bank Negara in 2016,” he said.

To renew your insurance and road tax, visit the https://carinsurance.ctosids.com for information.

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