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About
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History
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Our Leaders
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Financial Report
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Business Strategy
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News and Events
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ABOUT US
Tune Protect Malaysia with the registered name of Tune Insurance Malaysia Berhad (30686-K ) is a licensed insurer that has a geographically diverse presence in Malaysia, with 18 branches nationwide, and our Head Office strategically located in Kuala Lumpur.
Tune Protect Malaysia provides a comprehensive range of general insurance solutions through multiple distribution channels to balance the needs of different consumer groups. We are supported by dedicated agents, brokers and direct clients to underwrite various general insurance classes as listed in our products page.
HISTORY
21 Sept
2012
May
2012
31 Jan
2003
1 Aug
1997
27 Dec
1976
OUR LEADERS
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A Message From The CEO
Welcome to Tune Protect. At Tune Protect Malaysia, we believe that everyone deserves to be protected and that is why we aim to give our customers the added confidence to enjoy life’s journeys, knowing that they and the ones they love most are well protected. We believe in making things simple, working in close collaboration with our employees, agents, distributors and partners to make insurance easy for our customers by designing hassle-free insurance solutions to specially cater to our customers’ needs. Our strength lies in our people and that is why we create a diverse and inclusive environment where every employee feels valued and empowered to become the best that they can be. In line with Malaysia’s vision to grow into a global digital hub, Tune Protect Malaysia leverages new technologies to lead in differentiation and customisation, structuring relevant protection solutions that best matches our customers’ needs. Through our digital capabilities and big data analytics, we strive to deliver an exceptional customer experience through the understanding of our customers who are increasingly looking for tailored products and services that are fully relevant to their lifestyle. Our focus on technology not only allows us to offer innovative solutions, but also enhances the way we work to deliver more value, more efficiently. We remain committed to look after all our stakeholders and we hope that you will join us as we strive to grow the market and drive our goal of becoming the leading digital insurer. Thank you. William Foo |
BOARD OF DIRECTORS
Mohd Yusof Bin Hussian (“Mohd Yusof”) is an Independent Non-Executive Director of Tune Insurance Malaysia Berhad. He was appointed to the Board on 23 May 2012. He is the Chairman of the Board and a member of the Risk Management Committee, Audit Committee, Investment Committee, Nomination Committee and Remuneration Committee.
Mohd Yusof is a graduate of Universiti Teknologi MARA, a fellow member of the Association of Chartered Certified Accountants (UK), a member of the Chartered Institute of Purchasing and Supply (UK), a Chartered Accountant of the Malaysian Institute of Accountants and a Certified Financial Planner. He was a member of the ACCA Malaysian Advisory Committee for 5 years. Mohd Yusof became a Fellow member of Institute of Corporate Directors Malaysia (ICDM) in 2019.
He started his career with Coopers & Lybrand from 1971 to 1976 as an external auditor. He later joined PTM Thompson Advertisings Sdn Bhd, an affiliate of J. Walter Thompson Group in USA, as the Finance and Administration Manager cum Company Secretary, and subsequently joined Shell Malaysia in 1986. He held various positions in Shell and its refinery which included amongst others, Internal Auditor, Treasurer, Finance and Services Manager and Procurement Contract Manager. He resigned as a Special Project Manager from Shell in 1999 on an early retirement.
He is presently an Independent Non-Executive Director of Proton Commerce Sdn Bhd, an associate company of Proton Holdings Berhad, and an Associate Director of CG Board Asia Pacific Sdn Bhd while also holding a directorship role in NanoMalaysia Berhad.
Chee Siew Eng was appointed to the Board on 23 May 2012 as an Independent Non-Executive Director. He is the Chairman of the Risk Management Committee and a member of the Audit Committee, Nomination Committee and Remuneration Committee.
He holds a Bachelor of Arts Degree in Economics from the University of Malaya. He is a member of the Chartered Insurance Institute, UK (ACII) and the Malaysian Insurance Institute (MII).
He started his career in insurance with the office of the Director General of Insurance, Ministry of Finance as an insurance officer from 1977 to 1988. Subsequently, he joined Bank Negara Malaysia in May 1988 as a manager of the Insurance Regulatory Department and was promoted to Deputy Director prior to his retirement in 2008. In 2010, he was engaged as a consultant to assist Perbadanan Insurans Deposit Malaysia (PIDM) in formulating a new framework and legislation for the Insurance Compensation Scheme in Malaysia.
He also sits on the Board of Malaysian Life Reinsurance Group Berhad.
Tan Ming-Li (“Ming-Li”) joined the Board of Tune Protect Group Berhad on 1 April 2014 as Independent Non-Executive Director. On 1 June 2017, she became the Chairman of the Nomination Committee and Remuneration Committee of the Company. She is also a member of the Audit and Risk Management Committees of the Company.
Ming-Li sits on the Board of Tune Insurance Malaysia Berhad, the general insurance subsidiary of the Company. A partner in the legal firm, Chooi & Company + Cheang & Ariff, she has been in legal practice since 1994 specialising in corporate and securities law. She is principally involved in advising on capital market transactions, mergers and acquisitions, corporate restructuring as well as corporate finance related work.
Prior to joining her present firm in 1997, she practiced law in the firm of Allen & Gledhill specialising in the areas of corporate and commercial litigation, as well as intellectual property.
A graduate of the University of Melbourne, Australia, Ming-Li holds a double degree in Law (Hons) and Science and has been a member of the Malaysian Bar since 1994. She is currently an Independent Non-Executive Director of BP Plastics Holding Bhd.
Lim Chong Beng (“Mr. Lim”) was appointed as an Independent Non-Executive Director of the Company on 1 September 2015. He is the Chairman of the Audit Committee and Investment Committee and a member of the Risk Management Committee, Nomination Committee and Remuneration Committee.
He graduated from the University of Leeds, England with a Bachelor of Arts in Economics (Hons) and is a Fellow of the Institute of Chartered Accountants in England & Wales and an Associate of the Malaysian Institute of Accountants.
Mr. Lim completed his articleship with a chartered accounting firm in London, England. Upon obtaining his professional qualification and returning to Malaysia, Mr. Lim joined Price Waterhouse for several years, attaining the position of Senior Audit Manager before leaving to join the insurance industry.
Mr. Lim has 29 years of experience in the general insurance industry having worked as the Vice President, Finance in British American Life & General Insurance Berhad (now known as Manulife Insurance Malaysia Berhad) and General Manager of Finance and IT in Berjaya Sompo Insurance Berhad and Tokio Marine Insurance Malaysia Berhad. His work experience covered all areas of Financial Accounting and he had served as the Compliance, Risk Management Head and Chief Internal Auditor in his later years with Tokio Marine. Mr. Lim was the Deputy Convenor of the Finance Sub-Committee of Persatuan Insurans Am Malaysia (PIAM) for many years and had represented PIAM in dialogues and discussions with the regulatory authorities on financial matters relating to the general insurance industry.
OUR CEO
Tune Protect Malaysia Management
| Name | Designation |
|---|---|
| WILLIAM FOO | CHIEF EXECUTIVE OFFICER |
| TEOH KEK PIN | CHIEF FINANCIAL OFFICER |
| VINCENT KU | CHIEF AGENCY OFFICER |
| SENG SOO WY | CHIEF RISK OFFICER |
| SURESH MARIA ALEXANDER | GROUP HEAD - INTERNAL AUDIT |
| LEE TEENG TEENG | GROUP HEAD - COMPLIANCE |
| AFENDI BIN CHE MUSTAFFA | HEAD - BROKING |
| MOHAMED SHAHARIL MOHAMED BAKHARI | HEAD - POS |
| NASIR MATT | HEAD – CORPORATE BUSINESS DEVELOPMENT |
| MICHAEL INDRAN GOPALAN | HEAD – GROUP BUSINESS |
FINANCIAL REPORT
BUSINESS STRATEGY
With strong support from Tune Group and strategic alliances with AirAsia, we aim to make 'Tune Insurance' a household name by offering simple, straightforward and affordable insurance for companies and individuals. The impetus for this undertaking is our committed new management team and dedicated employees.
News and Events
February 2016
| Date: | 19 February 2016 |
| Media Title: | BERNAMA |
| Headline: | Tune Protect Partners Super Strap To Provide Complimentary Baggage Insurance |
| Tune Protect Group Bhd has partnered baggage wrapping service provider, Super Strap, to offer travellers who wrap their checked-in baggage, free insurance to cover for any loss during a flight. Known as the Baggage Wrap Insurance, it is underwritten by Tune Insurance Malaysia Bhd. Read More | |
| Date: | 19 February 2016 |
| Media Title: | BERNAMA |
| Headline: | Tune Bekerjasama Dengan Super Strap Sediakan Insurans Bagasi |
| Tune Protect Group Bhd bekerjasama dengan penyedia perkhidmatan pembalut bagasi, Super Strap, untuk menawarkan pengembara yang membalut bagasi daftar masuk mereka perlindungan insurans percuma bagi sebarang kehilangan semasa dalam penerbangan. Dikenali sebagai ‘Baggage Wrap Insurance’, ia ditaja jamin oleh Tune Insurance Malaysia Bhd. Read More | |
January 2016
| Date: | 4 January 2016 |
| Media Title: | The Star |
| Headline: | Tune Protect eyes better results |
| Tune Protect Group Bhd (formerly Tune Ins Holdings Bhd), which saw its third quarter earnings drop by 20%, is unperturbed by the external headwinds and slower domestic consumption as it strives to chalk up a better set of results this year. Read More | |
December 2015
| Date: | 9 December 2015 |
| Media Title: | South China Morning Post |
| Headline: | Tune Protect focuses on making insurance simple, convenient and affordable |
| Technology is the single most impactful force that is shaping how the world is doing business today. A formidable friend or foe, it remains the bridge that connects customers who require information on the go in the most convenient manner. Riding this wave of change, Tune Insurance has realigned its business focus and refreshed its brand proposition by reintroducing itself as Tune Protect. Read More | |
OFFICE RELOCATION NOTICE
OFFICE RELOCATION NOTICE
Please be informed that Tune Insurance head office will be relocating to the following address:
Tune Insurance Malaysia Berhad
Level 9, Wisma Tune,
No. 19, Lorong Dungun,
Damansara Heights,
Kuala Lumpur
General line: 03 – 2087 9000
Fax: 03 – 2094 1366
We will be operating at our new location in Damansara Heights as effective 28 April 2014. Our former office located at Jalan Ampang will no longer be occupied by TIH and TIMB employees. Kindly update your records to ensure that all communications reach your contact accordingly.
Should you have any questions on the relocation, be sure to contact us!
Thank you.
