KUALA LUMPUR, 29th July 2019 - Small and Medium Enterprises (SME) business owners commonly cited affordability, complicated buying process and lack of product understanding as reasons why they are not or adequately insured. Tokio Marine Insurans (Malaysia) Berhad or TMIM developed SME BizOne to address these concerns for a simpler way of getting insured by enabling business owners to choose from a variety of optional covers to suit specific business needs.

“Growing a business in the current global economic climate is increasingly challenging and to succeed, one has to work extra hard and many do not consider insurance as an important but necessary expense in their day to day operations. With SME BizOne, we are providing business owners the option to progressively build cover over time with a holistic insurance solution according to one’s affordability level which will eventually help reduce the need to underinsure.” said Mr. Ng Hang Ming, Chief Executive Officer of TMIM.

Partnering with Malaysia SME Newspaper and BFM: The Business Station, Tokio Marine will be embarking on a nationwide campaign consisting of 8 SME centric events merging on-ground, on-air, print and digital media to create awareness and share insights on the importance of getting insured. 

First ground event with Malaysia SME took place in Melaka on 29th July with The Binary Economy Series 2019 3.0. A workshop for SME business owners covering topics that revolve around cashless payments, e-commerce, cloud-based solutions, internet-of-things and more. A subject matter expert from Tokio Marine will also be sharing the importance of insurance in relation to business continuity after an unfortunate event.     

As exclusive Insurance Partner, Tokio Marine will team-up with BFM: The Business Station in BFM Enterprise Breakaway and BFM Takeaway 2019. These events will connect visionary founder of innovators who have created businesses in the new frontiers, who have gone on to create some of the fastest growing companies today.