Kurnia Malaysia
Kurnia is first to use ISM's online system
BUSINESS TIMES - Tuesday, March 9th, 2010
KURNIA Insurans (Malaysia) Bhd is the first insurer to use the Insurance Services
Malaysia-Automotive Business Intelligence (ISM-ABI) online system, for underwriting
motor insurance.
ISM chief executive officer Carl Rajendram said Kurnia is using the system
to provide its customers with an indicative value of their vehicle upon purchase
or to renew their comprehensive motor insurance.
“Upon theft or total loss claim for a vehicle, Kurnia Insurans will
pay an agreed insured value proposed by the customer and accepted by it under
this new system,” he said in a statement yesterday.
The ISM-ABI is an independent vehicle evaluation system provided by ISM.