BJAK now recognised by Bank Negara Malaysia


KUALA LUMPUR: BJAK Malaysia is officially an approved financial adviser (FA) under Bank Negara Malaysia (BNM).

To mark this occasion, BJAK also announced the formation of one of the nation's largest online insurance partnership by bringing together 16 insurers onto a single digital platform.

The participating insurers include AIG, Allianz, Chubb, Great Eastern, Takaful Ikhlas, Liberty Insurance, Lonpac Insurance, Generali, MSIG Insurance, Pacific & Orient Insurance, RHB Insurance, Berjaya Sompo Insurance, Takaful, Tokio Marine, Tune Protect and Zurich Takaful.

BJAK chief executive officer Ronald Lim said that the recognition is a major step forward for the company and digital insurance in Malaysia.


He says that the move also celebrates the partnerships BJAK has forged over six years with major insurers in Malaysia, as well as allowing them to deepen their commitment towards transparency, choice, and consumer empowerment.

“Bringing 16 insurers together on one platform is a collective achievement for BJAK and our partners.

"This network is the largest of its kind in Malaysia, and it reflects a shared commitment to strengthening digital access, fair comparison and customer empowerment across the industry.

“Consumers deserve clarity and confidence when choosing protection for themselves and their families. Our platform is designed to cut through complexity and provide Malaysians with easy, accessible and transparent options tailored to their needs,” Lim added.

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