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PanGlobal banks on E-Zi to increase market share, BUSINESS TIMES

By Habhajan Singh
Publication: Business Times (Malaysia)
Date: Tuesday, April 2 2002


Business Times (Malaysia)

04-02-2002

PANGLOBAL Insurance Bhd, which injects innovation into the motor insurance
sector through a special installment payment scheme, is betting on the
plan to carve out a bigger market share for the motor sector.
Currently, the general insurer commands some 5 per cent of the tariff-
bound local motor insurance policies.
"We believe that this scheme will enable us to increase our business.
We expect to underwrite some RM120 million premiums for this year," said
Alex Wong, chairman of PanGlobal Insurance an

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