TNG Digital Sdn Bhd (TNG Digital), owner and operator of the Touch ‘n Go e-Wallet has introduced GOprotect, a platform which allows users to purchase various types of insurance offerings conveniently through the e-Wallet app.
GOprotect offers six insurance products via the eWallet app, namely WalletSafe, SafeTrip, SafeHome, CarInsure, CI Insure, and MotoInsure to cover various customers’ needs.
With GOprotect, Touch ‘n Go eWallet users can purchase an insurance plan in less three minutes after comparing quotes from leading insurance partners such as AIA Malaysia, Allianz, Etiqa, MSIG, Takaful Ikhlas, Takaful Malaysia, and Zurich Takaful.
Users are also guaranteed a hassle-free claim process through the 24/7 insurers’ claim hotline.
Speaking to reporters during the launch today, TNG Digital chief executive officer Alan Ni said that more than two million policies have been issued via the e-Wallet since the launch of its first insurance product in July 2021, adding that 1.5 million policies were issued last year.
“In 2022 alone, we managed to issue 1.5 million policies and we plan on doubling the number of policies this year. We will continue to improve the overall insurance penetration, especially amongst the B40 group, which is still very low at only 30%,” he said.
“By working closely with our trusted insurance partners, Touch ‘n Go e-Wallet will introduce more value-for-money insurance products in the near future.”
Ni said Touch ‘n Go e-Wallet has always envisioned becoming a one-stop alternative to banking solutions, thus providing users with a platform to access a full suite of financial services products.
“We are one step closer to that vision with the launch of GOprotect today. We will continue to build that pipeline by working with various partners to grow our financial services offerings which will benefit and add value for our users,” he added. – April 13, 2023
