Category: BlogTalk

Foreign Workers’ Compensation Scheme | frolicking with the extras….

  Whenever a Malaysia-domiciled enterprise engages a foreign worker, the following types of insurance are compulsory: Foreign Workers’ Insurance Guarantee (or Bond) (FWIG) Foreign Workmen’s Compensation Scheme (FWCS) Foreign Workers’ Health Insurance (taking effect from 01.01.2011)   CEO! You may…

Salary increment, Promotion and Bonus 2010-2011

promotion and bonus in insurance industry

Just like any past year-ends, 2010 is of no difference for it’s bonus time once again. Staff performance appraisal and review once again are some inevitable tasks for the managers. This is no exception for me either, having spent last…

CEO in Vietnam | Vietnam Internet Insurance Marketing

CEO in Vietnam… on internet insurance millionaire agents Just landed in Hanoi International Airport….. I just woke up to my senses when the airplane finally glided down on the runway with a loud thud, realising that I am now the…

Third Party Bodily Injury NewCo | Miscarriaged without clarity?

travelling together but MINDs apart!

  The original idea to have the third party bodily injury and death (TPBID) section taken off the current motor insurance policy coverage and place them under the New Company (NewCo) is now no longer a good one. This idea…

Insurance industry, drained out of its best talents….

Over the last two years the insurance industry is finding it tough competing for the “better” brains among the Gen-X and Gen-Y university graduates. Development over the last 8 months was not at all encouraging, especially when the minimum entry…

Service Tax on Insurance for Management Corporation

A number of readers wrote in ranting over the issues of service tax applicable on insurance premium for policies issued in the name of Management Corporation (MC) and Joint Management Body (JMB). Some were complaining over inconsistencies adopted by the…

Claim lessons in Chinese tea leaves

Is it really very difficult when coming to the subject of determining the value of tea leaves? What about determining the types and grade of those leaves after a loss incident? How can we recognise tea leaves of higher grade…

Insurance Sales – there are only 3 reasons why people buy

In reality, there are just about three reasons why people choose to buy from you…. 1. to make money, 2. to save money, or 3. to reduce pain and frustration. Your job as an agent or marketeer is to figure…

Setting up an extensive branch network to expand business?

Special thanks to - http://healthclub.info-ebazaar.com

STRETCHING THE BUSINESS-REACH GEOGRAPHICALLY – Building on BRICK-AND-MORTAR or Mobile-eCOMMERCE setup, which is more effective? 😎 Expanding business reach nationwide is not exactly easy nowadays. With underwriting agents and multi-tier agency models gone since the 1990s, widening the business network…

All Online wannabes… to register or not with Companies Commission of Malaysia (SSM)?

Last week the Malaysian dailies reported that all online (eCommerce) businesses must be registered with the Companies Commission of Malaysia (or SSM in Bahasa Malaysia)? The dailies further reported that more than 400 online businessmen are being charged in court…