Malaysia: MPI Generali Insurans expands in commercial segment
Source: Asia Insurance Review | Jul 2017
MPI Generali Insurans has launched a new business line that will further expand its position in the corporate and commercial segment.
MPI Generali Global Corporate & Commercial business unit harnesses the global skills and competences of the Italian insurer Generali Group to provide a full range of property, casualty and speciality lines solutions to corporate and commercial clients and distributors in Malaysia.
Leveraging local market knowledge and global technical expertise, the Global Corporate and Commercial unit will operate in various segments such as Property Liability, Financial Lines, Engineering, Marine and Aviation.
Mr Oliver Tan, CEO of MPI Generali, said: “MPI Generali has been established for more than 40 years and has a strong presence in the local corporate and commercial segment.”
MPI Generali, formerly known as Multi-Purpose Insurans, is a strategic partnership between Multi-Purpose Capital Holdings, which is a wholly owned subsidiary of MPHB Capital, a listed company, and Assicurazioni Generali, one of the largest global insurance providers. A