Posts filed under: Insurance News

  iBanding has launched Malaysia’s first insurance forum to the public today. Established in 2015, iBanding Services Sdn. Bhd. is an independent insurance platform aims to educate the Malaysian consumers on the importance of insurance. It is also the company responsible...
  The Malaysian Transport Ministry is studying the possibility of implementing a flexible road tax payment system that will be calculated based on vehicle conditions, mileage and drivers’ traffic offences, according to a report by The Malay Mail. “This flexible...
June 8th, 2017 marks another important day for iBanding. After a 10-week training, iBanding is now an official graduate of the Y Combinator Startup School! Why is this so important? Well first, let us look at who Y Combinator is. Who...
On July 1st, 2017, Malaysia saw the start of the 2nd phase of the Liberalisation of Motor and Fire Tariffs. This phase gives insurance companies more flexibility in setting the price for their motor insurance products. This subject has been covered...
The Malaysian Competition Commission (MyCC) recently decided that general insurance companies in Malaysia violated the Competition Act 2010. As a result of this decision, MyCC has proposed a total fine of RM213.45 million against all general insurance companies in Malaysia...