Tuesday July 11, 2006

Takaful Ikhlas gets big online

By IAN MCINTYRE

KOTA BARU: Syariah-based insurance services provider Takaful Ikhlas 
Sdn Bhd plans to be the top information technology (IT) provider in 
the country for its customers and associates. 

Since its inception three years ago, Takaful Ikhlas has invested 
RM15mil to provide online services to customers and associates with 
the main objective of conducting as many online transactions as 
possible in line with its operational costs. 

"We are now among the top three insurance firms in the country 
offering a range of IT services and we will focus on this as it 
provides a value-added dimension to our services and products," 
Takaful Ikhlas chairman Mohammad Abdullah said after the recent 
launch of the company's east coast regional hub . 

Present were managing director Syed Moheed Syed Kamarulzaman, 
operational general manager Wan Mohd Fadzlullah Wan Abdullah and 
regional marketing manager Mohd Zulkiflee Mamat. 

Mohammad said its online services now included "I-Pos" that allowed 
its associates and agents to interact online with the company 
headquarters. 

Soon to be unveiled will be the online renewal of policies, updates 
on policies status and investments. 

"We are slowly introducing an online point of sale where customers 
can access and purchase our products and services through our 
dedicated websites," Mohammad said. 

Takaful Ikhlas plans to raise sales of RM220mil from its nationwide 
contributors for the financial year ending Aug 31, 2007, which is a 
50% increase from last year's. 

To this end, Mohammad said, 10% of the RM220mil was forecast to be 
from Kelantan, which in the first five months of this year collected 
RM5.6mil. 

Based on a study, Kelantan's economy is said to be stable with a 
growing middle-income bracket and this has convinced Takaful to boost 
its market presence in the state.  

The opportunity for expansion in Kelantan is great, which has the 
highest number of agents in the east coast, 400. This is due to the 
awareness of benefits of takaful.  

"We are convinced that our penetration is high in Kelantan as we are 
boosted by the market's awareness of our products and services," 
Mohammad said. 

He also said the company would unveil a new investment scheme this 
month that would provide monthly returns to contributors pending 
approval from Bank Negara. //Thestar











 
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