A New Framework For Digital Insurers & Takaful Operators

Vincent Fong, Chief Editor & Country Manager, Fintech News Malaysia

11-Jul-24 08:30

A New Framework For Digital Insurers & Takaful Operators

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Bank Negara Malaysia's Policy Document on Licensing and Regulatory Framework for Digital Insurers and Takaful Operators was released this week. It will no longer limit the number of licences to just 5, but will go to any digital insurer and takaful operator that meets its requirements. Vincent Fong, Chief Editor & Country Manager of Fintech News Malaysia, explains the impact of this on Malaysian consumers.

Image Credit: shutterstock.com

Produced by: Jake Lim

Presented by: Shazana Mokhtar, Wong Shou Ning, Keith Kam

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Categories: investments, alternatives, financial wellness

Tags: policy document, digital insurance, real estate investment trust (reit), takaful malaysia, bank negara malaysia,

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