KUALA LUMPUR (July 2): Berjaya Sompo Insurance Bhd (Berjaya Sompo) has partnered online classified-ads website, iMotorbike, to expand its reach in the motorcycle insurance industry.
Under the partnership, members of the public will be able to renew their motorcycle insurance online via iMotorbike’s website within minutes, thus providing an end-to-end digital insurance solution to more than 1.2 million potential customers.
In a statement today, Berjaya Sompo’s chief executive officer Tan Sek Kee said the company issued close to 78,000 policies last year.
He said the motorcycle insurance segment provided a huge growth opportunity for insurance providers.
“More customers are going online to purchase and renew their motor insurance, which is why we continued to look for strategic partners to expand our digital distribution channels to ensure that consumers have access to information and renew their insurance online,” he added.