Ouch! Champions Digital Transformation in the Takaful Industry

Over 60% of Malaysians are not insured with any takaful plans. In an effort to reduce these numbers, Ouch!, the first digital takaful operator recognised by the BNM Regulatory Sandbox is shepherding a new era of financial protection by digitising the takaful processes.

Read More News

Ouch! revolutionises traditional takaful by utilising technology to create an accessible digital platform and introducing attractive programmes such as the Kita Cover Challenge to engage its community. 

Ouch! insurance

This Ramadan, Ouch! is introducing the Jaga Generasi campaign, an initiative to empower more Malaysians to secure their financial well-being during this time of reflection and charity.

“When it comes to takaful tech or insurtech, it’s not just a matter of taking an existing product
and selling it online. We need to reach out to the 20 million Malaysians who are not insured by
any takaful protection plans which is why at Ouch!, everything is digitalised to make the process
easier and less complicated.

“With our innovative back-end processes, we promote better
engagement with our participants to use the platform to obtain information and manage their
takaful plans. We are providing a truly affordable, transparent, and efficient takaful solution for
all Malaysians,” says Shazy Noorazman, CEO of Ouch!.

In a gesture of solidarity and giving back to the community, Ouch! will graciously donate RM10 Touch ‘n Go vouchers, which can be used for buka puasa, and an additional RM10 to its charity partner, Pertiwi, with each certificate sold.

This initiative not only reinforces the commitment to societal welfare but also invites Malaysians to be a part of a noble cause, ensuring a brighter future for generations to come.  

Read More Business News

Table of Contents

person in black pants and black shoes sitting on brown wooden chair
Staff Writer

Recent Posts

Weststar Aviation inks RM2 billion financing deal with AmBank

Weststar Aviation Services signed a RM2 billion financing deal with AmBank to double its helicopter…

5 hours ago

Automotive Incentives Must Benefit Entire Supply Chain, Say Industry Players

Industry players urge the government to create inclusive automotive incentives supporting the entire supply chain…

8 hours ago

Kerjaya Prospek Secures RM98.8m Hospital Project, Expands Order Book

Kerjaya Prospek wins RM98.8m Seremban hospital job, boosting order book to RM4.3bn with strong earnings…

9 hours ago

Trading Radar: Crude Oil Long Play Amid Escalating Iran Conflict

Trump’s war update drives Brent crude to USD109; strategic buy positions in oil and commodity…

14 hours ago

US Jobs Surge to 15-Month High, Fed Holds Cautious Amid Iran War

The U.S. labor market rebounded in March with nonfarm payrolls rising +178K, the strongest gain…

15 hours ago

YTL Power – Data centres gaining traction

YTL POWER (BUY Maintained, TP:RM3.72) Data centres are gaining traction 

15 hours ago

This website uses cookies.