Allianz General Malaysia launches bicycle insurance

The insurance provides protection from accidents and theft.

Allianz General Insurance Company (Malaysia) Berhad has partnered with international insurance broker Howden to offer a bicycle insurance package for cyclists in Malaysia.

Allianz General Malaysia and Howden’s comprehensive bicycle insurance offers protection against accident/crash damage, theft, and coverage of accessories and specified add-on parts. Moreover, 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 as well as other Optional Benefits.

According to Allianz General Malaysia CEO Sean Wang, Malaysia has a vibrant cycling community that lacks an insurance solution to protect cyclists.

“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,” Wang said.

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