Malaysia life insurer inks digital distribution deal

Gibraltar BSN Life is to boost its distribution management operation in Malaysia by partnering with Majesco Distribution Management and Digital Solutions.

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Rangam Bir, president and chief executive of Gibraltar BSN, said: “We see great untapped opportunities in the Malaysian market and this significant investment reinforces our digital and distribution capabilities to unlock greater efficiency and enhance customer experience.”

Majesco Digital Solutions will build a self-service portal and lead management solution for Gibraltar BSN.

The digital programme will also enable Gibraltar BSN to configure standard and complex compensation mechanisms in accordance with the regulations of Malaysia’s Central Bank, the firm said.

Gibraltar BSN is a joint venture between US-based Prudential Financial and Malaysian Government-owned Bank Simpanan Nasional.

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