Zurich Malaysia and Senang.io have entered into a strategic partnership with Bank Islam Malaysia Berhad to revolutionise the delivery of takaful solutions through the Be U by Bank Islam app.
This collaboration marks a significant milestone in the banking and takaful industries, offering unparalleled convenience and flexibility to customers.
The partnership introduces the inaugural product “Microtakaful for Gig Workers,” providing gig workers with on-demand services, medical coverage, and a user-friendly in-app claim management platform.
These tailor-made takaful services cater to the dynamic schedules and individual needs of the gig community.
Zurich Malaysia, as the pioneering takaful provider, brings expertise and a commitment to delivering top-notch takaful products to the collaboration. Zurich General Takaful CEO, Shamsul Azman stated, “We are honored to embark on this innovative journey, aligning perfectly with Zurich Malaysia’s mission to ‘Care for What Matters.'”
Senang.io’s technology platform is crucial in delivering these groundbreaking takaful solutions. The Be U By Bank Islam app seamlessly integrates a diverse range of takaful products, ensuring accessibility and simplicity for users.
Bank Islam Group Chief Digital Officer, Noor Farilla Abdullah emphasizsed the importance of financial inclusion within the Be U by Bank Islam digital proposition. The microtakaful offering, facilitated through OpenAPIs, integrates gig work protection within the app, allowing users to conveniently access takaful add-ons and process claims directly through the platform.
Looking ahead, Senang.io and Bank Islam plan to introduce additional takaful products in collaboration with various reputable providers over the next three years, catering to multiple population segments.
The partnership exemplifies the power of collaboration between industry leaders in the financial and technology sectors, enhancing customer experiences through cutting-edge takaful solutions.
