KUALA LUMPUR: Insurance players have been urged to consider synergistic partnerships among companies to achieve the scale and competitive edge to lift performance and break into new markets as the current local economy is in need of transformational change in the sector.
Bank Negara governor Datuk Nor Shamsiah Yunus (pic) said the industry plays a key role in helping contain costs and aligning consumers and the medical industry towards preventive care measures, which would reduce the burden on individuals in society.