Category: Grapevine

The twists and turns of the industry…. but there is always something for everyone.

The new No Claims Discount (NCD) Mantra

This may or may not be good news for all…. When ISM-NCD system was implemented in 2007, the operating framework was nothing but on a parallel run; one leg with IT platform and the other leg with the usual manual…

Preparing Agents for De-tariffication

I read your blogs with written topics concerning the readiness of our agency force with interest. We can refresh with the following blog materials: How agents are preparing for mandatory motor rebate The growing pains of direct rebating Having been…

Formation of a Syariah-compliant Captive by “Kwai Lo”?

Just in case we missed this piece of recent news – Labuan International Business and Financial Centre (IBFC) is looking towards developing the world first set of guidelines on syariah-compliant captive insurance. Kudos! Another First for Malaysia…..can’t say of the…

Hello! Anyone removing Clause 5.3?

insurance rebate

We have written in our previous post on June 22nd – The growing pains of direct premium rebating…… Looks like no one seems to notice the importance of doing away with Clause 5.3 of the Inter-company agreement on General Insurance…

A new Motor insurance POOL for old motor vehicles?

Click to read:  Premium Tambahan Kereta Lama I am not sure whether our industry is having too many spoke-persons, our Deputy Finance minister, Datuk Chor on 6th June told the press  that the government would be setting up a motor insurance…

Pos Malaysia to dispense Motor Insurance for Malaysia Motor Pool

I am not sure whether this is going to be a reality, ie. the Malaysia Motor Insurance Pool (MMIP) has appointed POS Malaysia to help issue cover for vehicles aged > 10 years citing the public is having difficulties in renewing…

The PJ Challenge Bloggers’ Karnival

blogging community

The Karnival started at 9am on 20 June with a big splash….it was raining cats and dogs. For a guy who had spent almost 17 years in East Malaysia and totally unfamiliar with the 21st century PJ, it is a…

The PJ Challenge Blogger’s Karnival ’09

The PJ Challenge Blogger’s Karnival ’09 is a celebration of many reasons – of Petaling Jaya, of blogging and of life! This is a place for bloggers and non-bloggers alike to come together, and share. It’s about expression and fun,…

The making of fraudulent TPBI claims…..MOVIE

Of late I heard of a RM4.8 million fraudulent TPBI claims suffered by a Small-Medium non-life insurer in Kuala Lumpur….. wonder if it is so easy to make such fraudulent claims. I overheard…there was approximately 124 files involved or rather…

The Changing of Old Guards

Happy retirement old guy!

Yes……the old guards are expected to leave the helm of the corporation very soon, not that I supported it but perhaps it is about time for them to rediscover the next phase in life after hitting or near hitting the…