Grab-led GXBank teams up with Zurich to offer affordable insurance
Add BT as a preferred source
GXBANK, a Malaysia-based digital bank backed by Grab and Singtel, has entered into a 10-year partnership with Zurich General Insurance Malaysia and Zurich Life Insurance Malaysia to develop cost-effective insurance products.
Their initial product, slated for launch in the third quarter of this year, aims to safeguard customers from unauthorised transactions resulting from cybercrime.
Such a product holds significance in the country, as the number of online fraud cases has doubled in 2023 compared to 2019.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
That ‘cheap’ Malaysia condo could cost Singapore buyers far more than they think
These little-known SGX tech stocks are beating the market. What’s driving them up?
Indonesia equities plunge as MSCI removal triggers broad sell-off; tycoon-linked stocks hit hardest
