LIAM re-elects Loh Guat Lan as president for 2022/2023 time period

KUALA LUMPUR: The Life Insurance coverage Affiliation of Malaysia (LIAM) has re-elected Hong Leong Assurance Bhd (HLA) group managing director and chief government officer (CEO) Loh Guat Lan as its president for the 2022/2023 time period.

The affiliation additionally re-appointed Solar Life Malaysia Assurance Bhd CEO and president Raymond Lew as its vice-president for a similar time period at its annual normal assembly on Wednesday.

In a press release at present, LIAM stated it additionally welcomes Zurich Life Insurance coverage Malaysia Bhd CEO Khoo Ai Lin as its new administration committee member for the 2022/2023 time period.

The affiliation can also be supported by six different committee members, specifically AIA Bhd CEO Ben Ng, Etiqa Life Insurance coverage Bhd CEO Paul Low Hong Ceong, Nice Japanese Life Assurance (M) Bhd CEO Datuk Koh Yaw Hui, Manulife Insurance coverage Bhd CEO Vibha Coburn, Prudential Assurance Malaysia Bhd CEO Lim Eng Seong, and Tokio Marine Life Insurance coverage Malaysia Bhd CEO Toi See Jong.

LIAM CEO Mark O’Dell stated over time, the affiliation has been constantly selling the significance of life insurance coverage safety to all Malaysians, and enhancing the general public’s understanding and appreciation for all times insurance coverage by way of its varied engagement packages in addition to shopper training campaigns on platforms, together with social media.

“We work very carefully with Financial institution Negara Malaysia and different key stakeholders in fulfilling the business’s agenda to enhance monetary literacy and monetary well-being of Malaysians,” he stated.

O’Dell stated by way of LIAM’s shopper teaching programs, the affiliation highlights the virtues of life insurance coverage and continues to coach the shoppers on how the assorted varieties of life insurance coverage insurance policies may assist meet their wants and play a vital a part of a sound monetary planning.

“We additionally inculcate excessive requirements of professionalism and integrity in our employees and brokers by way of greatest practices to engender belief within the business,” he stated.

He additionally gave assurance that the life insurance coverage business stays dedicated and targeted in pursuing its monetary inclusion agenda, in addition to the nationwide aspiration of accelerating the penetration price and narrowing the safety hole within the nation. – Bernama


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