Full Address
3rd Floor Wisma PIAM 150 Jalan Tun Sambanthan, Kuala Lumpur, 50470, Kuala Lumpur, WP Kuala Lumpur, 50470
Description
The history of Persatuan Insurans Am Malaysia (PIAM), i.e. the General Insurance Association of Malaysia, originated from the establishment of various insurance and tariff associations set up in 1885 that played a role as a collective voice of the insurance industry in Malaya and Singapore, shortly after the independence of Malaya in 1957. In June 1961, the Insurance Association of Malaya was formed to maintain tariff discipline, respond to new insurance legislations and promote sound insurance practices. For the first time, an Association was established in Kuala Lumpur to safeguard the country’s general insurance interest.
Subsequently, PIAM was incorporated in May 1979 as a statutory trade association recognised by the Government of Malaysia for all registered insurers who transact general insurance business. Currently, PIAM has 26 member companies comprising 21 direct general insurance and 5 reinsurance companies operating in Malaysia.
Our Mission Statement
To be a Dynamic Trade Association serving the interests of our members by creating a favourable business environment and working closely with all stakeholders to support the initiatives under our National Agenda.
Persatuan Insurans Am Malaysia (PIAM) Core Values
P – Professionalism
I – Industry-focused
A – Accountability
M – Make a difference
Persatuan Insurans Am Malaysia (PIAM) Corporate Objectives
- Articulate One Unified Voice for and on behalf of the industry
- Create Favourable Business Environment for member companies
- Promote Image of the industry and its Role in the Economy
- Educate Consumers on General Insurance Products
- Foster Public confidence by protecting the interests of Consumers
- Establish a Sound and Efficient Insurance Infrastructure with Best Practices
- Raise Professionalism and ensure Standards in Distribution
- Harmonize Approaches and Solutions to Industry Issues
- Build a pipeline of talent and profile general insurance as a career of choice
- Facilitate Information Sharing within boundaries of Competition Act
Location Map
150, Jalan Tun Sambanthan, Brickfields, 50470 Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia
Add a review