• Follow Us On : 

MSIG Creates a Dedicated Fire Insurance Product For Social Enterprises, Starting With EPIC Homes


Redaksi | Rabu,29 Mei 2019 - 03:42:37 WIB
Dibaca: 497 kali 
MSIG Creates a Dedicated Fire Insurance Product For Social Enterprises, Starting With EPIC Homes

Initiative Sets Blueprint For Future Collaborations With Social Enterprises -Providing Affordable Insurance Solutions To Marginalised Communities

KUALA LUMPUR, MALAYSIA - Media OutReach - 28 May 2019 - MSIG Insurance (Malaysia) Bhd "(MSIG Malaysia)", Malaysia's second largest fire insurer, has designed a fire insurance package specifically created for the Orang Asli homes built by Epic Homes. It is MSIG Malaysia's first-ever partnership with a Social Enterprise. Epic Homes provides a platform for sponsors to fund homes for the Orang Asli and for people from different walks of life to work together to raise living standards for marginalised Orang Asli communities, bridging the urban and rural divide. Epic Homes has so far built over 140 homes around Malaysia.

To ensure MSIG Malaysia understood Epic Homes' building eco-system, 33 employees were sent to experience a home build first hand. By working closely with Epic Homes on the ground, MSIG Malaysia gained an understanding of Epic Homes' operations and insights into the potential risks and insurance needs of the three main stakeholders involved -- protecting the work of the Social Enterprise, the Orang Asli homeowner, and the sponsorship of the building cost by generous corporate / individual sponsors. The experience enabled MSIG Malaysia to design a dedicated fire insurance package to ensure the sustainability of the Orang Asli Homes built by Epic Homes.

Epic Homes is now offering the dedicated insurance package to corporate sponsors and partners, including those who assisted in the construction of its first 136 Orang Asli homes -- enabling them to sponsor the insurance for these homes that are currently uninsured. Epic Homes is encouraging partners to help fund the fire insurance package on all upcoming homes, thereby contributing to the longevity and sustainability of these projects, while giving the Orang Asli residents the peace of mind that insurance gives to regular home owners.

Mr. John-son Oei, Founder and CEO of Epic Homes, said "We are very happy to be working with MSIG Malaysia who share our vision of developing community-based housing solutions for the Orang Asli communities. All our partners bring something different and valuable to the table and so has MSIG Malaysia. This bespoke fire insurance product, will make our projects more sustainable and assuring to our sponsors - which ultimately benefits the Orang Asli residents too."

Mr. Chua Seck Guan, Chief Executive Officer of MSIG Malaysia, said, "We are delighted to be working with Epic Homes on this very meaningful  project and have learned a lot from it. The experience from this project has allowed us to create this unique Fire insurance product for marginalised communities. We are open to extend this fire insurance product to any other Social Enterprise / NGO who may work on similar models in providing houses, schools or any buildings that serve the under-served."

Mr. Chua Seck Guan continued, "As one of Malaysia's leading fire insurers, it was wonderful to be able to team up with Epic Homes to create this dedicated insurance package. Building safer homes for the marginalised is a goal that is close to our hearts, so the team behind this project had a great sense of purpose and drive. As a result of their work, Epic Homes and their sponsors can now deliver safer homes for families who may not have the means to achieve this themselves. This is also perfectly aligned to the United Nations Sustainable Development Goals (SDG 11) -- Sustainable Cities and Communities initiative which MSIG Malaysia fully support."


Akses Wahanariau.com Via Mobile m.Wahanariau.com
Untuk Berbagi Berita / Informasi / Peristiwa
Silahkan SMS ke nomor HP : 085271472010
atau email ke alamat : [email protected]
Harap camtumkan detail data diri Anda
Pengutipan Berita dan Foto, Cantumkan Wahanariau.com Sebagai Sumber Tanpa Penyingkatan
TULIS KOMENTAR
BERITA TERKAIT
Jumat,04 Oktober 2019 - 14:30:54 WIB

MSIG Highlights Importance Of Road Safety With Sponsorship Of Electronic Prosthetic Limbs For Traffic Accident Victims

MSIG Enables Sujana Mohd Rejab To Build 3D Printed Limbs For Amputees MALAYSIA - 4 October 201

Selasa,31 Juli 2018 - 19:21:41 WIB

A trio of National Award prizes for top local runners at the MSIG Singapore Action Asia 50

Fastest male and female Singaporean runners in the 50km trail race will win a fully paid trip to Hon

Senin,13 Januari 2020 - 19:35:50 WIB

MSIG Partners with MyKasih to Support 130 Underprivileged Students in Sabah and Selangor

MALAYSIA - Media OutReach - 13 January 2020 - MSIG Insurance (Malaysia) Bhd "(MSIG Malaysia)&qu

Jumat,16 November 2018 - 10:33:17 WIB

MSIG Launches Home SafeGuard

Innovative New Product Incorporates PIAM Building Cost Calculator and Offers up to 30% Premium Disco

Selasa,10 Desember 2019 - 05:13:41 WIB

Visually Impaired Photographers Contribute Their 'Intuitive' Talents To MSIG's 2020 Calendar

Calendar Features 12 Unique Pictures With Road Safety Theme MALAYSIA - 9 December 2019 - MSIG Insur

Selasa,31 Juli 2018 - 19:35:52 WIB

HK’s trail running stars are on track for the World Champs, thanks to the MSIG Action Asia Development Programme

A tailored training plan has been whipping David Ng Wai-hei and Karen Cheung Man-yee into tip-top sh

BERITA LAINNYA
Sabtu,28 Maret 2020 - 23:49:20 WIB

Langgar Protokol Kesehatan, Pemko Dumai Tutup Gelanggang Permainan

DUMAI - Pemerintah Kota Dumai resmi mengeluarkan edaran Penutupan Gelanggang Permainan (Gelper) guna

Sabtu,28 Maret 2020 - 13:29:02 WIB

Aplikasi Lacak Covid-19 Buatan Indonesia Meluncur Pekan Depan

JAKARTA - Menteri Komunikasi dan Informatika, Johnny G Plate mengungkapkan aplikasi untuk melacak se

Jumat,27 Maret 2020 - 13:23:07 WIB

The ''Poison'' of Gaming Giants – Decentralized Anonymous Gamification Exchange DAGE

SINGAPORE - Media OutReach - 27 March 2020 - Negotiations are impossible when an

BERGABUNG DI SINI
KABAR POPULER
IKUTI BERITA KAMI