Press Release

Gibraltar BSN and POS Malaysia expand partnership to offer financial planning resources - New Sarawak Tribune

- 12 Feb 2016, Kuala Lumpur -

Gibraltar BSN Life Berhad and POS Malaysia Berhad recently further strengthened their business partnership in a signing ceremony to mark their new distribution agreement for insurance products sold at POS Malaysia branches nationwide.

The new agreement will see dedicated Financial Services Officer (FSO) introduced at selected POS Malaysia outlets across Malaysia, including Shah Alam, Kuantan and Johor Bahru among others. Jointly accredited and trained by Gibraltar BSN and POS Malaysia via customised training programmes, the FSOs will be able to provide professional advice on relevant insurance products available at POS Malaysia.

Through this collaboration with POS Malaysia, Gibraltar BSN aims to create a broader understanding of the benefits of life insurance and educate customers on the advantages of financial protection. Customers will have access to expert advice, the ability to purchase on the spot using a simple process, and a range of affordable products that fit individual needs.

Vincent Kwo, Chief Executive Officer of Gibraltar BSN said, "We have been working closely with POS Malaysia over the past several years, and are delighted to further strengthen this partnership with our new FSO initiative. With products available from as low as RM3.33 per day, we aim to provide all Malaysians with affordable yet quality financial protection tailored to their specific needs, as we work to bring 'a refreshing approach to life insurance' to our customers. This truly lives up to Gibraltar BSN's brand promise of 'We Protect Dreams,' in ensuring Malaysians have the financial protection they need for their peace-of-mind."

Dato' Mohd Shukrie bin Mohd Salleh, Group CEO of POS Malaysia commented, "This collaboration brings a unique and differentiated model to our outlets, with FSOs utilising iPads and specialised workstations to serve customers, ensuring a seamless and comfortable experience for all. Our FSOs will also be easily recognisable with their brand new uniforms. We are confident that this new model will deliver positive results and look forward to expanding our team of FSOs to more POS Malaysia branches in the months to come."

Gibraltar BSN and POS Malaysia currently offer the "Pos Hayat" and "Pos Bestari" life insurance plans at POS Malaysia outlets. Pos Hayat is a basic life insurance cover that comes with Dengue protection benefits, while Pos Bestari is a comprehensive life protection plan with savings, complete with guaranteed cash payouts and maturity benefits for coverage up to age 88.

For more information, please contact Gibraltar BSN's Customer Services at 03-26872020 or visit their website at www.gibraltarbsn.com. Alternatively, visit POS Malaysia's website at www.pos.com.my for more details.