Education key to jumpstarting Malaysia’s life insurance industry - expert
insurancebusinessmag | June 25, 2019
The new chief executive officer of the Life Insurance Association of Malaysia (LIAM) believes that channel diversification and consumer education are two ways to increase the stagnant penetration rate of life insurance in Malaysia.In an interview with New Straits Times, LIAM CEO Mark ODell said that growing Malaysias life insurance industry is one of the associations key priorities. The former head of Manulife in Malaysia is keen on using his new role to work closely with stakeholders and regulators to promote the countrys life insurance industry.