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With Digital Insurers on the Horizon, Can Malaysia's Traditional Players Keep Up? - Fintech News Malaysia
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With Digital Insurers on the Horizon, Can Malaysia's Traditional Players Keep Up? - Fintech News Malaysia
Malaysia’s insurance and takaful industry stands at a pivotal moment. With over 10 million people and 644,000 micro, small, and medium enterprises (MSMEs) currently unserved, the market has a glaring protection gap. Yet, this challenge presents a remarkable opportunity: an estimated RM78 billion digital insurance and takaful market opportunity is projected to emerge by 2030. At the centre of this shift are Digital Insurers and Takaful Operators …
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