Zurich Malaysia locks in exclusive group takaful scheme with Kenanga

The cover will be offered only to Kenanga Investors clients through its wealth management arm.

Zurich Malaysia has entered into a strategic partnership with Kenanga Investment Bank Berhad to expand the distribution of insurance and takaful products across Malaysia.

Under the arrangement, Zurich Malaysia will provide general insurance and takaful, as well as life insurance and family takaful solutions through Kenanga Group’s advisory-led and digital channels.

The partnership builds on earlier collaborations between the two groups in the takaful and investment space.

As part of the deal, Zurich Malaysia will underwrite a group takaful scheme that will be offered exclusively to clients of Kenanga Investors Berhad, the asset and wealth management arm of Kenanga Group. 

Financial adviser representatives at Kenanga Investors will also be able to offer a wider range of Zurich Malaysia’s insurance and takaful products to clients, integrating protection planning into broader financial discussions.

The two companies plan to develop personalised solutions by combining Zurich Malaysia’s protection offerings with Kenanga Group’s investment capabilities. 

One initiative being explored is the integration of Kenanga’s OnePRS retirement scheme into Zurich Malaysia’s product offerings, allowing clients to combine investment and protection options on a single platform.

Zurich Malaysia’s products will also be made available through Kenanga Group’s digital platforms, including KDi GO, giving clients access to insurance and takaful solutions as part of their digital investment journey.