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November 24, 2024 -Sunday

 
  AXA PARTNERS HAP SENG TRUCKS DISTRIBUTION & HAP SENG CREDIT TO LAUNCH MALAYSIA'S 1ST TELEMATICS COMMERCIAL VEHICLE INSURANCE & FINANCING

Wednesday 28/08/2019



Table

(From left to right) Jacky Tan, Senior Manager of FUSO Operations, Hap Seng Trucks Distribution Sdn. Bhd., Puan Chen Keck, Chief Executive of Hap Seng Credit Sdn. Bhd., Emmanuel Nivet, Chief Executive Officer of AXA AFFIN General Insurance Berhad and Roland Schneider, Chief Executive of Hap Seng Trucks Distribution Sdn. Bhd. at the signing ceremony of FUSO Ez-Own & AXA FlexiTruck


KUALA LUMPUR, Aug 28 (Bernama) -- AXA AFFIN General Insurance Berhad (AXA) continues to expand its Payer-to-Partner strategy through its strategic partnership with Hap Seng Trucks Distribution Sdn. Bhd. (HSTD) and Hap Seng Credit Sdn. Bhd. (HSC). This collaborative initiative aims to introduce AXA FlexiTruck as the first telematics commercial vehicle insurance in Malaysia to inculcate safe driving behaviour among FUSO light commercial vehicle truck drivers and help them understand their driving habits better through the installation of telematics security device. 

Emmanuel Nivet, CEO of AXA, said, “As commercial vehicle transportation continues to grow in Malaysia, crash rates involving commercial vehicles remain high. It is important for us, as an insurer, to promote inclusivity and responsible driving behaviour to all road users, including light commercial vehicle drivers to mitigate the high accident and road fatality rate. Together with our partner Hap Seng Trucks Distribution, we are committed to deliver our shared goal of providing added value and protection to our customers, at the same time making our roads better and safer for all.”

Following the positive impact of AXA FlexiDrive telematics motor insurance, AXA FlexiTruck is underwritten by AXA to offer comprehensive protection to light commercial vehicle drivers with benefits including special motor insurance pricing, low claim excess of RM 500 per claim and Personal Accident coverage worth RM 50,000.
 
Through collective efforts with HSTD, AXA FlexiTruck will be promoted at HSTD FUSO dealership network branches and HSC offices nationwide, with all Mitsubishi Fuso Canter trucks sold to be fitted with a telematics device that provides the following capabilities:
 
(i) Vehicle telematics service: Truck drivers are able to access useful data on their vehicle usage, mileage and driving behaviour through mobile app on a trip-by-trip basis.  

(ii) Automatic accident alert & assistance: In the event of accident, an alert will be automatically triggered with emergency medical assistance dispatched to the crash location.

(iii) 24/7 vehicle security & theft recovery: Truck drivers will receive real-time alert in case of theft and police will be alerted to help recover the stolen vehicle.

In addition, AXA FlexiTruck will be financed by HSC under FUSO Ez-Own, also the first telematics financing programme in Malaysia. Purchaser of FUSO truck only needs to pay RM 100 down payment for vehicle hire purchase loan which includes 5 years of motor insurance premium. Unused motor insurance premium, if any, will be refunded to purchaser at the end of the loan tenure.

Roland Schneider, Chief Executive of HSTD, attested that the financing scheme is aimed at offering a simple and affordable protection solution to FUSO truck drivers. 
 
“Truck drivers in Malaysia are among the most trained and highly skilled, but they are under protected due to lack of awareness and accessibility to affordable protection solutions. Our collaboration with AXA ties back to our mission to leverage on innovative product offerings to address the drivers’ needs, while giving them peace of mind on the road,” Roland said.

Source: AXA Affin General Insurance Berhad (AXA)
 
FOR MORE INFORMATION, PLEASE CONTACT: 
Name: Sheena Ho
Brand, Communications & CR 
Tel : +603 2170 8548
Email : sheena.ho@axa.com.my

--BERNAMA

 
 
 

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