When financial disputes arise—whether over a rejected insurance claim, an unauthorised bank transaction, or an investment gone wrong—consumers often feel they have limited options. Do they fight it out in court, which can be costly and time-consuming? Or simply give up, taking the loss on the chin? Starting 1 January 2025, Malaysians have a new […]
FMOS: Your New Avenue for Financial & Insurance Dispute Resolution Read More »
One of the most common questions we hear from business owners and professionals is: “If my Comprehensive General Liability (CGL) policy includes an Errors & Omissions (E&O) extension, do I still need Professional Indemnity Insurance(PII)?” The answer is no. While the two may seem similar, an E&O extension under a CGL policy is not the
For many Malaysian business owners, navigating the world of insurance can feel like decoding a foreign language. Two essential types of coverage that often cause confusion are cyber insurance and public liability insurance. While both offer critical protection, they cover very different risks. In today’s digital economy, understanding the difference between these two insurance types
Cybercrime is no longer a concern exclusive to large corporations. In Malaysia, Small and Medium Enterprises (SMEs) are now among the most frequent targets of cyberattacks — from phishing scams and ransomware to data breaches and business email compromise. Unfortunately, many SMEs still lack the protection they need. That’s where cyber security insurance comes in.
Best Cyber Security Insurance Plans for Malaysian SMEs in 2025 Read More »
When we think about employee benefits, we often imagine a safety net— coverage for medical emergencies, surgeries, and hospital stays. But what happens when an employee’s health condition requires a procedure often misunderstood as “cosmetic”? Let’s talk about bariatric surgery—a medically recognized treatment for severe obesity and related conditions like hypothyroidism, diabetes, hypertension, and sleep
Bariatric Surgery & Employee Benefits in Malaysia Read More »
Malaysia’s general insurance sector is entering a period of transformation as new solvency rules under Risk-Based Capital Framework 2 (RBC 2) are set to take effect in 2027. The upcoming framework is expected to push insurers to restructure, consolidate, and possibly increase premiums, due to the need for higher capital reserves—especially for catastrophe risks like
RBC 2 & Insurance Industry Consolidation in Malaysia Read More »
