KUALA LUMPUR, April 22 — Allianz General Insurance Company Bhd , in partnership with United Kingdom-headquartered insurance broker Howden Broking, has rolled out the first-in-market bicycle insurance in Malaysia.
Allianz is also offering the Allianz Shield Plus personal accident insurance as part of the coverage that will cover accidental death, permanent disablement, snatch theft or attempted snatch theft, medical expenses, and other optional benefits. “Malaysia has such a vibrant cycling community, and what was missing was an insurance solution that looked after the cyclists and their ride. In Howden, we found a distribution partner that ticked all the right boxes, and we are very excited to work together and be able to offer meaningful protection for our customers,” he added.