Tune Protect Malaysia (also known as Tune Insurance Malaysia Berhad 30686-K ) is a licensed insurer under the Insurance Act 1996 with the registered name of Tune Insurance Malaysia Berhad. Tune Protect Malaysia has a geographically diverse presence in Malaysia with 19 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

 
Corporate business name renamed and registered as Tune Insurance Malaysia Berhad.

May
2012

 
Tune Group through its wholly owned subsidiary, Tune Protect Group Berhad, acquired controlling interest of the company.

31 Jan
2003

 
Merged with Capital Insurance Berhad and name changed to Oriental Capital Assurance Berhad.

1 Aug
1997

 
Converted to a public limited company and assumed the name United Oriental Assurance Berhad.

27 Dec
1976

 
Tune Insurance Malaysia Berhad was incorporated as a private limited company under the Act as United Oriental Assurance Sdn Bhd and began operations in 1977.

OUR LEADERS

Su Tieng Teck, Daniel

A Message From The CEO

 

Welcome and thank you for taking the time to get to know Tune Protect Malaysia

The Tune Protect name may be new to you but this company, through various corporate changes, has a legacy in Malaysia dating over 70 years. We joined the Tune family in May 2012 as a result of being acquired by Tune Protect Group Berhad (formerly known as Tune Ins Holdings Berhad) and officially assumed our current business name Tune Insurance Malaysia Berhad in September 2012. The entry of Tune Group and its strong shareholder base marked the beginning of an exciting new phase for this company as well as for our staff, agents, business partners and our loyal customers.

Tune Protect Malaysia offers a comprehensive range of general insurance solutions. We want consumers to have the choice of simple, straightforward and affordable insurance coupled with uncompromising service quality and prompt claims settlement experience. We look forward to fulfilling your general insurance needs.

Contact us directly or via our loyal intermediaries, our insurance products are made available via multiple distribution channels. We will continue to nurture and grow all our distribution channels to balance the needs of various consumer groups in this fast evolving technological landscape.

Let me also take this opportunity to reaffirm our vision along with the Tune Protect Group to be recognised as the leading digital insurer in the region, distinctive in its innovative products, culture, people and customer loyalty proposition.

Tune Protect Malaysia has embarked on an exciting new journey, do join us.

Thank you.

Su Tieng Teck, Daniel

BOARD OF DIRECTORS

Mohd Yusof bin Hussian, is the Independent Non-Executive Director of Tune Insurance Malaysia Berhad. He was appointed to the Board on 23 May 2012 and is the Chairman of the Audit, member of the Risk, Investment, Nomination and Remuneration Committees.

He is a graduate of Universiti Teknologi MARA, a fellow member of the Association of Chartered Certified Accountants (UK) and a member of the Chartered Institute of Purchasing and Supply (UK) and a Chartered Accountant of the Malaysian Institute of Accountants. He is also a Certified Financial Planner. He was for 5 years a member of the ACCA Malaysian Advisory Committee.

He started his career with Coopers & Lybrand from 1971 to 1976 as an external auditor. Later he joined PTM Thompson Advertisings Sdn Bhd, an affiliate of J. Walter Thompson Group in USA, as Finance and Administration Manager cum Company Secretary. He left the company and joined Shell Malaysia in 1986. During his tenure in Shell, he held various positions in the company and the 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 early retirement.

He is presently an Independent Non-Executive Chairman of CIMB Aviva Assurance Berhad and CIMB Aviva Takaful Berhad, subsidiaries of CIMB Group Holdings Berhad. He is also an Independent Non-Executive Director of Proton Commerce Sdn Bhd, an associate company of Proton Holdings Berhad. He also holds directorships in Boilermech Holdings Berhad, UDA Holdings Berhad and Inti Universal Holdings Sdn Bhd.

Yusof is also the Chairman, a major shareholder and the principal consultant of Myny Jaya Consultancy Sdn Bhd which is his family owned company and which specialises in training and consultancy.

Razman joined the Board as an Executive Director on 21 July 2016 following his appointment as the Group Chief Executive Officer of the Holding Company, Tune Protect Group (Tune Protect Group Berhad). Prior to this he was the Independent Chairman of Tune Protect Group.

He also sits on the Boards of Tune Protect Reinsurance (Tune Protect Re Ltd), Tune Protect Thailand (Tune Insurance Public Company Limited) and Tune Protect UAE (Tune Protect Commercial Brokerage LLC), companies within the Tune Protect Group.

Razman has almost 40 years of experience in the fields of leadership management, corporate restructuring, mergers and acquisitions, corporate finance, management consulting and auditing.

He is a Chartered Accountant and is a Fellow of the Institute of Chartered Accountants in England & Wales, as well as a member of the Malaysian Institute of Accountants. He holds a BSc (Econs) joint-honours degree in Economics and Accounting, from University College, Cardiff, Wales.

Chee Siew Eng was appointed to the Board on 23 May 2012 as our Independent Non-Executive Director. He holds a Bachelor of Arts Degree in Economics from the University of Malaya. He has been a member of the Chartered Insurance Institute, U K (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 Regulation Department. He 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.

Ms. Tan Ming-Li, was appointed as an Independent Non-Executive Director of the Company on 1st April 2014. She is also a member of the Risk Management Committee.

Ms. Tan is a graduate from the University of Melbourne, Australia with a double degree in Law (Hons) and Science.

Ms. Tan is currently a partner in the legal firm of Cheang & Ariff and has been in legal practice since 1994. She specialises in corporate and securities law where 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 Cheang & Ariff in 1997, she practiced law in the firm of Allen & Gledhill, Kuala Lumpur, in the areas of corporate and commercial litigation and intellectual property.

Mr Lim Chong Beng was appointed as an Independent Non-Executive Director of the Company on 1 September 2015.

He is a graduate from University of Leeds, England with a Bachelor of Arts in Economics (Hons) and is currently a Fellow of the Institute of Accountants in England & Wales (FCA). In Malaysia he is also an Associate of the Malaysian Institute of Accountants and a Certified Financial Planner.

Mr Lim did his articleship with the UK firm, Bright , Grahame, Murray & Co. Upon his return to Malaysia, he joined Price Waterhouse for 5 years attaining the position of the Senior Audit Manager before leaving to join the general insurance industry.

He has 28 years of experience in the general insurance industry having worked as Controller Accounts in British American Life & General Insurance Berhad (now known as Manu Life Insurance Malaysia Berhad) and Head of Finance and IT in Berjaya General Insurance Berhad and Tokio Marine Insurans Malaysia Berhad. In the past 5 years at Tokio Marine his roles covered functional areas including Compliance, Risk Management and Corporate Planning with the last 3 years as Head of Internal Audit.

He is currently holding the position of Executive Director of CLS Risk Consult Sdn Bhd, the in-house corporate agency for the Tiong Nam group of companies, of which its holding company, Tiong Nam Logistics Holdings Berhad is a public listed company listed on the Bursa Malaysia.

Mr. Hong was appointed as an Independent Non-Executive Director of the Company on 3 June 2016. He is a graduate from University Malaya with a Bachelor in Engineering majoring in Electrical and Electronics (2nd Class Upper with Honours)

Mr Hong has about 30 years of experience in the ICT and Knowledge industry having been Senior Vice President of Strategic Planning and Technology Advisor at Taylors Education Group since April 2011. Prior to this, Mr. Hong served as the Group Chief Information Officer of Hong Leong Financial Group from April 2008 to March 2011. He was in Accenture Malaysia from March 1987 to December 1994 and served in senior positions in MBf Group of Companies from January 1995 to July 1999, Multimedia University from August 1999 to August 2000, Avanade Malaysia Sdn Bhd from September 2000 to January 2004 and Motorola Multimedia Sdn Bhd from August 2004 to March 2008.

Mr. Hong has been an Independent & Non Executive Director of Time Dotcom Bhd, a public listed company listed on the Bursa Malaysia since September 2012.


OUR CEO

SU TIENG TECK, DANIEL


Su Tieng Teck, Daniel

Chief Executive Officer of Tune Protect Malaysia

Su Tieng Teck or also known as Daniel was appointed Tune Protect Malaysia’s (Tune Insurance Malaysia Berhad) CEO on 23 May 2012 and he brings 20 over years of general insurance experience.

He graduated from University of Portsmouth, United Kingdom with an MBA in Strategic Management and Marketing. He later became a member of the Australia & New Zealand Institute of Insurance & Finance (ANZIIF).

He has held positions in AMG Insurance and Tokio Marine. One of his previous appointments he was the CEO of MUI Continental Insurance where he had played an important role that bolstered the company to new heights. Currently he does not hold directorships in other companies.

Tune Protect Malaysia Management

Name Designation
SU TIENG TECK, DANIEL CHIEF EXECUTIVE OFFICER
TEOH KEK PIN CHIEF FINANCIAL OFFICER
LIEW ENG SEONG SENIOR GENERAL MANAGER, BRANCH OPERATIONS, INNOVATION AND AGENTS TRAINING
LAM PEK FOONG SENIOR GENERAL MANAGER, SOUTHERN REGION
NASIR BIN MATT GENERAL MANAGER - BUMIPUTERA BUSINESS
AFENDI BIN CHE MUSTAFFA GENERAL MANAGER - BROKING
MOHAMED SHAHARIL MOHAMED BAKHARI GENERAL MANAGER, POS
CHOO HOCK SOON GENERAL MANAGER, MARKETING (HEAD OF AGENCY - KLANG VALLEY)
LING MEE SIENG, MICHELLE ASSISTANT GENERAL MANAGER - SARAWAK REGION
CHOO YOKE YUE, JOCELYN ASSISTANT GENERAL MANAGER - SABAH REGION
SANTICHARD SAWAT ASSISTANT GENERAL MANAGER - NORTHERN REGION

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.

September 2012
Oriental Capital Assurance Berhad is renamed Tune Insurance Malaysia Berhad.