KUALA LUMPUR, 29 August 2019 – AXA AFFIN General Insurance Berhad (AXA) continues to expand its Payer-to-Partner strategy through its strategic partnership with Hap Seng Trucks Distribution Sdn. Bhd. (HSTD) and Hap Seng Credit Sdn. Bhd. (HSC).
This collaborative initiative aims to introduceAXA FlexiTruckas the first telematics commercial vehicle insurance in Malaysiato inculcate safe driving behaviour among FUSO light commercial vehicle truck drivers and help them understand their driving habits better through the installation of telematics security device.
Following the positive impact of AXA FlexiDrive telematics motor insurance, AXA FlexiTruck is underwritten by AXA to offer comprehensive protection to light commercial vehicle drivers with benefits including special motor insurance pricing, low claim excess of RM 500 per claim and Personal Accident coverage worth RM 50,000.
Through collective efforts with HSTD, AXA FlexiTruck will be promoted at HSTD FUSO dealership network branches and HSC offices nationwide, with all Mitsubishi Fuso Canter trucks sold to be fitted with a telematics device that provides the following capabilities:
(i) Vehicle telematics service: Truck drivers are able to access useful data on their vehicle usage, mileage and driving behaviour through mobile app on a trip-by-trip basis.
(ii) Automatic accident alert & assistance: In the event of accident, an alert will be automatically triggered with emergency medical assistance dispatched to the crash location.
(iii) 24/7 vehicle security & theft recovery: Truck drivers will receive real-time alert in case of theft and police will be alerted to help recover the stolen vehicle.
n addition, AXA FlexiTruck will be financed by HSC under FUSO Ez-Own, also the first telematics financing programme in Malaysia. Purchaser of FUSO truck only needs to pay RM 100 down payment for vehicle hire purchase loan which includes 5 years of motor insurance premium. Unused motor insurance premium, if any, will be refunded to purchaser at the end of the loan tenure.
Roland Schneider, Chief Executive of HSTD, attested that the financing scheme is aimed at offering a simple and affordable protection solution to FUSO truck drivers.
Discussion about this post