Kuala Lumpur, Malaysia – In a groundbreaking move, Zurich Malaysia and Oyen have teamed up to launch ‘Oyen Takaful Kucing’, marking the debut of Asia’s first-ever cat takaful product. This strategic partnership caters to the rising demand for faith-based pet insurance, offering comprehensive protection for cats and their owners in Malaysia.
Revolutionizing Pet Care with Shariah-Compliant Solutions
The ‘Oyen Takaful Kucing’ is not just an insurance product; it’s a commitment to the well-being of feline friends. It promises up to RM8,000 coverage for unexpected veterinary expenses, ensuring that cat owners can access quality care in emergencies without financial strain.
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What sets this product apart is its adherence to Islamic principles. The Shariah-compliant coverage aligns with values of mutual protection and shared responsibility, resonating with the faith-based community.
Technology Meets Tradition: AI-Enhanced Claims Processing
Oyen’s AI-powered application streamlines the insurance experience. From claim submission to tracking, the process is seamless, offering a swift and simplified experience for pet owners.
A Vision for Comprehensive Pet Protection
Shamsul Azman, CEO of Zurich General Takaful Malaysia Berhad, expressed enthusiasm about the collaboration. “Introducing Asia’s first cat takaful product aligns with evolving pet owner needs and our commitment to innovation and customer-centric solutions,” he said. This venture underscores Zurich’s dedication to protecting what customers value most, resonating with their brand campaign “Care For What Matters.”
Kevin Hoong, co-founder and CEO of Oyen, highlighted the growth in the pet insurance sector since 2021. “Our partnership with Zurich, a global leader, aims to provide Malaysian pet owners with high-quality veterinarian care, respecting their faith-based principles,” he stated. This initiative is a significant step in offering peace of mind and security to pet owners.
A New Era for Pet Insurance in Asia
The introduction of ‘Oyen Takaful Kucing’ by Zurich Malaysia and Oyen is more than an insurance product; it’s a cultural shift in how pet care is perceived and provided in Asia. It’s a testament to the evolving landscape of financial products, where tradition and innovation coalesce to meet the diverse needs of consumers.