July 12, 2024
Southeast Asia’s pet ecosystem system Petotum, Malaysia’s Etiqa Normal Insurance plan Bhd launches pet insurance plan product

Malaysia-headquartered Etiqa General Insurance plan Bhd has collaborated with Southeast Asia’s very first pet ecosystem system Petotum and launched a pet insurance system referred to as ‘PAWer Insurance’.

This partnership ushers in a new period of responsible animal possession and insurance policy, redefining how men and women order coverage on the web and advancing the veterinary market in Malaysia, the corporations mentioned in a joint statement on Monday.

PAWer Insurance introduces revolutionary functions including cashless admission at panel veterinary clinics and a seamless promises expertise for pet proprietors. Beyond insurance policy, “PAWer Insurance” is poised to unlock the entire opportunity of the veterinary market in Malaysia and lead to dependable animal ownership and animal welfare attempts, the businesses explained.

Essential Highlights of “PAWer Insurance” and the Pioneering Collaboration:

Asia’s 1st Electronic Pet Insurance policy with Cashless Admission: ‘PAWer Insurance’ is set to develop into the 1st-of-its-kind electronic pet coverage in Asia, placing a new typical for the region with cashless admission at panel veterinary clinics. Pet owners can now access treatment for their beloved animals with out the hassle of upfront payments.

3rd-occasion liability coverage: Etiqa covers the price of your pet producing personal injury or destruction to many others with a reimbursement up to MYR50,000.

Seamless Claims Knowledge: The collaboration between Etiqa General Insurance plan and Petotum streamlines the statements method, making certain a seamless and worry-no cost experience for pet owners and veterinary clinics when looking for reimbursement for veterinary costs.

Groundbreaking Know-how: Petotum, as the technology partner, has built-in its cutting-edge platform with Etiqa’s insurance coverage alternatives, reshaping the way pet insurance coverage is obtained on the internet. This innovation simplifies the course of action, earning it easy for pet house owners to secure coverage.

Advancing the Veterinary Field: ‘PAWer Insurance’ leverages the complete opportunity of the veterinary business in Malaysia, endorsing access to high quality pet treatment and encouraging liable animal possession procedures.

Etiqa Normal Coverage Bhd and Petotum are also working intently with the veterinary field, contacting on veterinary clinics to sign-up as panel vet clinics with Petotum. This partnership will assistance even more streamline the healthcare procedure for animals and enhance dependable animal ownership methods.

Fukhairudin Mohd Yusof, CEO of Etiqa Standard Insurance plan Bhd, claimed, “By leveraging on our merged knowledge, Etiqa Common Insurance policies aims to offer extensive insurance plan products and solutions that shields what issues most to pet proprietors, merged with seamless consumer knowledge. Our collaboration with Petotum represents a sizeable leap in innovation in the insurance sector and sets a new conventional for convenience.”

Afifah Basir, CEO of Petotum, mentioned, “Our platform’s integration with Etiqa Normal Insurance plan redefines the on the web insurance getting expertise. This collaboration is a testomony to the positive impact technology can have on the lives of animals and their entrepreneurs. We believe it will not only profit the pet sector in Malaysia but also provide as an case in point for dependable animal possession all over the world.”

Malaysia-headquartered PETOTUM is the very first pet ecosystem system in Southeast Asia. The firm explained its revolutionary merchandise and expert services are built to support pet proprietors treatment for their furry close friends as conveniently and successfully as doable.

Etiqa is a multi-channel distributor of Coverage and Takaful products and solutions below Maybank Team. It has 10,000 company pressure, 46 branches and 17 places of work, more than 490 bancassurance network (via Maybank branches, third-occasion banks, as well as co-operatives and brokers) by way of its existence in Malaysia, Singapore, the Philippines, Indonesia and Cambodia.

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