Etiqa divides business into four organisations


'

KUALA LUMPUR: Etiqa has split into four organisations in support of Bank Negara Malaysia's initiative to have greater focus on respective businesses, minimise risks and ensure continuous stability. 

The group said the move to separate into four organisations, namely Etiqa General Insurance Bhd, (EGIB), Etiqa Life Insurance Bhd (ELIB), Etiqa General Takaful Bhd (EGTB) and Etiqa Family Takaful Bhd (EFTB), will also drive Etiqa's vision to have the most efficient shareholder, capital and organisational structure.

Four new CEOs have been appointed to helm each of the organisations: Fukhairudin Mohd Yusof for EGIB, Zaharudin Daud for EGTB, Zafri Ab Halim for EFTB and, in an interim capacity, Kamaludin Ahmad for ELIB.

“We are now four organisations but still the same Etiqa with the aim to serve you better, as you prepare for memorable milestones or unfortunate events in your life.

"We are committed to always be fast and easy in servicing our customers, whether for sales, service or claims. Should customers need assistance, we are just a call, or a tap away through our customer careline, online portal and numerous mobile apps as well as via our many agents and branches nationwide,” said Kamaludin, who is also CEO of Maybank Ageas Holdings Bhd, the parent company of the four Etiqa companies.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Kinergy Advancement to change stock short name to KINERGY from Dec 30
FBM KLCI extends rally on Christmas Eve; ringgit at five-year high
Higher corporate bond yields push issuers to delay debt sales to next quarter
Oil rises for sixth session on US data, geopolitical tension
BP to sell 65% stake in Castrol to Stonepeak for US$6bil
Nam Cheong sells 4,000-DWT platform supply vessel for US$20.5mil
Maybank experiencing intermittent slowness affecting DuitNow services
China turns sport into serious business
Gold climbs above US$4,500 in historic rally for precious metals
Borneo Oil’s associate Verde Resources seeks Nasdaq listing, raising US$5–US$8mil

Others Also Read