Bjak.my generated RM90mil savings through insurance comparison service

PETALING JAYA: Bjak.my announced that it has helped Malaysian car owners generate over RM90mil savings through its car insurance comparison service.

To date, more than 3mil users have signed up on Bjak.my and saved RM50 to RM450 for their annual car insurance renewal.

Founded in 2019, Bjak.my attracted millions of private vehicle owners to use its service to compare and purchase car and motorcycle insurance online, making it the largest insurance platform in the country.

The platform allows car owners to compare more than 10 insurance and takaful operators within five minutes.

Some of the insurance companies offered on its website include Takaful Malaysia, Pacific and Orient, Liberty, Tokio Marine, Zurich Takaful, MSIG and many others.

Significant savings is found with comparing insurance offers due to car insurance premiums varying as much as 40% among insurance companies. This is an after-effect of the on-going liberalisation of motor tariffs announced by Bank Negara Malaysia since 2017.

With instant online comparison, car owners can now choose from over 10 insurance packages within minutes, at the comforts of their home.

“On a daily basis, we receive hundreds of thank you notes and positive messages on Facebook and other social media platforms, mostly with customers expressing how we’ve helped them save time and money, and how much they like our service,” said Bjak senior operations lead Fatin Izzati Masturi.

“It is really gratifying to the team. It is what keeps working hard” she added.

Shireen Lim, a customer of Bjak.my said, “I enjoy the service a lot. It is now really easy to find the car insurance with the lowest price and best benefits.” As the leading insurance marketplace in the region, its online insurance comparison and renewal service have not only helped car owners make savings, but have supported government’s social distancing measures in reducing crowds at Road Transport Department (JPJ) branches during the pandemic.