Zurich Takaful collaborates with Antah Insurance Brokers & PERDIM to offer shariah-compliant professional indemnity scheme for general medical practitioners in Malaysia
Gambang, Pahang, October 27, 2017
– Zurich Takaful Malaysia Berhad (ZTMB) in collaboration with Antah Insurance Brokers Sdn. Bhd. (AIB) and Pertubuhan Doktor-doktor Islam Malaysia (PERDIM) today launched Medical Malpractice Takaful Scheme, one of the first shariah-compliant professional indemnity schemes for general medical practitioners as well as specialists in the country.
Designed to provide medical practitioners and professionals a form of financial as well as emotional relief against any medical-related financial liabilities, Medical Malpractice Takaful is the first takaful professional indemnity scheme underwritten by ZTMB.
“Since 2007, Zurich has been underwriting professional indemnity insurance schemes for medical practitioners; therefore we understand the type of risks that they are exposed to. As such, we are delighted to partner Antah and PERDIM to offer general medical practitioners as well as specialists’ unmatched protection against medical-related financial liabilities arising from the services rendered. We believe that this scheme will provide added peace of mind to these professionals in their field of work.” said Hazruddin Hassan, Chief Underwriting Officer of General Insurance & Takaful, Zurich Malaysia at the launch event.
Among the benefits covered under the scheme are defence costs and damages including out-of-court settlements, legal costs for inquiry and investigations by official bodies, full retroactive coverage from first day as a licensed medical practitioner as well as coverage for estate and legal representation.
Certificate holders are entitled to Automatic Extensions in cases of breach of confidentiality, defamation, disciplinary proceedings or enquiries, Good Samaritan Acts, loss of documents, procedure extensions and public relations expenses. There are also Optional Extensions that cover locum extension as well as reinstatement of limit.
Medical Malpractice Takaful scheme is managed by AIB and is available to all private and government general medical practitioners as well as specialists that are working in the country. The annual contribution starts from RM333 for government general medical practitioners and RM903 for private general medical practitioners** PERDIM members enjoy special rates when they sign up for the scheme.
The launch of Medical Malpractice Takaful scheme was officiated by the Chief Minister of Pahang, Yang Amat Berhormat Dato' Sri Diraja Haji Adnan Bin Haji Yaakob together with Yang Berbahagia Dato' Norol Azali Sulaiman – Chairman of State Health, Human Resources and Special Duties Committee, Datuk Dr. Sha'ari Ngadiman –State Health Director, Datuk Dr Ahmad Shukri Ismail – President of PERDIM, Rysha Mustaffa – Senior Vice President, Specialty Development of AIB and Hazruddin Hassan in the presence of more than 150 PERDIM members.
Hazruddin Hassan, Chief Underwriting Officer of General Insurance & Takaful, Zurich Malaysia (centre), together with representatives from Zurich Malaysia, PERDIM and Antah Insurance Brokers
Zurich Insurance Group
Zurich Insurance Group (Zurich) is a leading multi-line insurer that serves its customers in global and local markets. With about 54,000 employees, it provides a wide range of property and casualty, and life insurance products and services in more than 210 countries and territories. Zurich’s customers include individuals, small businesses, and mid-sized and large companies, as well as multinational corporations. The Group is headquartered in Zurich, Switzerland, where it was founded in 1872. The holding company, Zurich Insurance Group Ltd (ZURN), is listed on the SIX Swiss Exchange and has a level I American Depositary Receipt (ZURVY) program, which is traded over-the-counter on OTCQX. Further information about Zurich is available at www.zurich.com.
Zurich Takaful Malaysia Berhad
Zurich Takaful Malaysia Berhad (ZTMB) is one of Malaysia’s leading Takaful companies. It is a member of Zurich Insurance Group (Zurich) and the sole provider of Takaful products within Zurich. With nine (9) years of Takaful market expertise as well as an extensive range of Family and General Takaful solutions, ZTMB caters to the various needs of customers, serving over 1.1 million certificate holders nationwide. The company was formerly known as MAA Takaful Berhad. Zurich is uniquely positioned within the Malaysian insurance market where it offers a full range of insurance solutions also covering conventional products of Life and General Insurance through its sister company, Zurich Insurance Malaysia Berhad. For more information on Zurich Takaful in Malaysia, please visit www.zurich.com.my.