AXA’s brand-new FlexiDrive
Kuala Lumpur, 10 July 2018 – As the local motor insurance industry detariffication came into effect on 1 July, AXA Affin general insurance has taken the initiative to launch Malaysia’s first telematics motor insurance in the presence of Emmanuel Nivet, CEO, Dr Wong Shaw Voon, director-general, Malaysian Institute of Road Safety (Miros), business associates and the media.
“Telematics motor insurance is a smart saver for the motoring industry where the premium remains the same and the only additional cost is a deposit for the devise that will be installed in passenger cars,” said Nivet.
“It is available only for comprehensive policy holders for the time being and our target is 45,000 policy holders within 12-18 months,” he added.
“We had contacted tests in 144 vehicles covering over 1 million km prior to this launch and soon, it will be available for fleet operators,” said Rohit Nambiar, chief transformation & operations officer.
“The refundable deposit for the devise is RM70,” said Rebecca Tan, chief marketing director, in reply to a question.
FlexiDrive offers a number of benefits including up to 20% saving on the premium, emergency medical assistance and 24/7 theft recovery service.