Malaysia Motor Insurance Pool

Malaysian motor insurance pool mmip here is where the malaysian motor insurance pool mmip comes in. Mmip stands for malaysia motor insurance pool. The new motor no claims discount ncd practices the date 1st july 2010 will mark another day for passenger liability.

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Malaysia motor insurance pool. Compare and apply online from the best insurers in malaysia for the best plans for your needs including windscreen protection flood coverage and free cover for additional drivers. It is a high risk special purpose entity set up and operated collectively by all general insurance companies operating in malaysia. This particular body will insure those unable to obtain motor insurance cover in the market.

Considering a post of ceo to help the insurance industry spearhead the operations of mmip and the newly set up scmmip. Malaysian motor insurance pool mmip will be called syariah compliant malaysian motor insurance pool scmmip by malaysiainsurance february 21 2013 0 comments. What s more we have new msig motor add on to offer you additional benefits such as smart key shield special perils flood storm landslide landslip or subsidence cover driver s personal accident insurance waiver of betterment cost compensation for assessed repair time cart waiver of compulsory excess and 24 hour unlimited towing service.

Our office phone number. Malaysian motor insurance pool mmip the mmip which was incepted in 1992 carried on operations with 2 insurers acting as servicing insurers. However from may 2011 all insurers and takaful operators having a license to carry out general insurance or takaful business were required by the regulators to issue mmip covers on behalf of the mmip and this has seen the pool writing a greater volume.

Most if not all insurance company does not accept vehicles above. 727804 h a subsidiary of mnrb holdings. Mmip is a high risk insurance pool that runs collectively by the insurance industry under the orders from the regulators.

Get quotes and renew your motor insurance instantly via myeg portal now. The malaysian motor insurance pool mmip was collectively set up in 1992 by the local insurance companies to provide motor insurance to vehicle owners who are unable to obtain insurance protection for their vehicles. It provides motor insurance to vehicle owners with difficulty to obtain motor insurance from normal commercial insurance market.

Malaysian re was then appointed as the administration manager for the pool mmip services sdn.