Motor Insurers Bureau of Malaysia

Today I did a email posting on to the wall of this site and I must say, this was indeed a great success. Technology…. I marvel at it! Not forgetting I did blog posting using my android phone, it was awesome but this (email posting), was indeed surprisingly awesome….

I hope you enjoy some historical facts concerning our Motor Insurers’ Bureau of West Malaysia….

Historical Background

The Motor Insurers Bureau of Malaysia was conceived in social justice and was born into the then, Road Traffic Ordinance 1958 (now The Road Traffic Act 1987). The basis of this provision in the said ordinance was to recognise to some extent the unfortunate position of victims of road accidents, where experience has shown, by reason of legal technicalities that innocent victims, despite the requirements of Compulsory Third Party Insurance, failed to obtain any compensation. See New Indian Assurance Co. Ltd v Simirah (1966) 2 MLJ page 4.Mechanism involved in the setting up of Motor Insurers Bureau

The Motor Insurers Bureau does not exist as an Insurance Company, but is premised on an agreement entered into on 15thJanuary 1968, between all the insurers, the Bureau and the Minister of Transport. It states in so far as is material, that –

“… the Bureau will, subject to the provisions of these presents, pay or cause to be paid to the person or persons in whose favour such judgment was given any sum payable or remaining payable thereunder in respect of the aforesaid liability including taxed costs … or satisfy or cause to be satisfied such judgment”.

The payment is given on a compassionate basis and is absolutely up to the discretion of the Bureau. There are certain rules to follow. The claim must be made within three years from the date of accident.The lawyer concerned should also notify the Bureau about the case, he must do it within 30 days of filing the action and must furnish the bureau with all the relevant documents

So much for the origins of the Motor Insurers Bureau and the manner in which it operates.

 

The Special Agreement between our Malaysian Bureau, Malaysian registered Insurers and Motor Insurers’ Bureau of Singapore

This Agreement was signed by Malaysian Bureau representing all Malaysian insurers that are not registered in Singapore with Motor Insurers’ of Singapore, whereby the Malaysian insurers are deemed having agreed to be bound by the Articles of Association of Singapore MIB and the Principal Agreement, in every respect and to comply with every obligation imposed upon members of the Singapore Bureau. This ensures that an ineffectively insured Malaysian registered vehicle coming into Singapore will not create a liability to our Bureau if it caused bodily injury to a third party here. The Malaysian insurers will have to settle such claims as “Insurers Concerned”.

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5 comments for “Motor Insurers Bureau of Malaysia

  1. Abdul Said
    July 10, 2015 at 09:40

    My son had an accident along the motorcycle lane on KESAS highway. He was on his way to the city and the other party came from the opposite direction which is illegal. The other party was killed and he had no valid road tax and insurance cover. My son had a fractured leg and a paralyzed left arm. He had valid learner’s motorcycle license , motor insurance and road tax. Please advice. Thank you

    • July 12, 2015 at 21:31

      Look like this car you would need to bring it to the Motor Insurers Bureau of West Malaysia (MIB). This is really very unfortunate. … Try Google to get the address and email of MIB.

  2. curious
    December 8, 2013 at 08:42

    may i know where can i get MIB agreements (domestic and principle agreements) both old and new online?

  3. Anonymous
    May 4, 2013 at 12:27

    a query here, which branch do i need to go to submit the documents?
    been to damansara heights, they mention to go to klang. do ya have the address?

    • May 11, 2013 at 07:00

      hi, is this submission about a claim with MMIP? Either go to Uni.Asia or MultiPurpose insurance head office and seek their advice

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