KUALA LUMPUR: Syarikat Takaful Malaysia Keluarga Bhd
(Takaful Malaysia) is focusing on diversifying into the digital segment, especially targeting the retail general and family takaful market.
Their flagship digital platform, Kaotim, has shown positive results since its launch in late 2023.
“In this segment, our focus remain with young professionals and the digital savvy, a market segment which cannot be ignored and we believe that these customers will mature into a key customer segment with growing protection needs in future.
“To supplement our Kaotim platform, we have recently launched a hibah Takaful plan with life cover of up to RM2mil. We expect to build on this positive momentum by further launches of new products in Kaotim in the near future,” Takaful Malaysia said.
In the second quarter ended June 30, Takaful Malaysia’s net profit rose 1.1% to RM93.1mil compared with RM92mil posted in the same corresponding quarter last year.
Revenue rose 18.4% year-on-year to RM998.1mil against RM842.9mil previously while earnings per share climbed to 11.12 sen from 10.99 sen last year.
Takaful Malaysia posted a higher net profit and revenue of RM195.4mil and RM1.96bil respectively in the first six months to June 30.
