The insurance industry is no stranger to change, but the recent years have seen rapid transformations driven by technological advancements. In Malaysia, this shift is further accelerated by the country's Financial Sector Blueprint 2022-2026, which has prompted Bank Negara Malaysia (BNM) to propose a regulatory framework for digital insurers and takaful operators (DITO) to drive greater inclusion, competition and efficiency while ensuring financial resilience that protects the interests of policyholders and takaful participants.
At KPMG, we regard DITO as game changers where tremendous opportunities await the companies that are prepared. Leveraging on KPMG’s wealth of professional knowledge and experience in the insurance sector, coupled with access to our innovative technologies, we can help DITO companies stay ahead in this competitive landscape.
Stride forward with confidence by leveraging on KPMG’s industry-focused capabilities that enable clients to enjoy end-to-end support. Our services encompass the following scope:
We also have a committed team of specialists in strategy, partnership, regulatory and compliance, technology, operations, risk management, AML/CFT, governance, sustainability and data analytics who are ready to provide you with bespoke advisory guidance.