CTOS Digital launches CTOS Car Insurance

By THE STAR | 17 May 2022

CTOS Digital group CEO Hamburger.

KUALA LUMPUR: CTOS Digital Bhd through its subsidiary, CTOS IDS Sdn Bhd has launched CTOS Car Insurance, an online platform for car insurance and road tax renewal, in collaboration with PolicyStreet.com.

In a statement, the company said CTOS Car Insurance provides a fast, hassle-free opportunity to make price comparisons of policies from more than 10 insurance providers within minutes, allowing consumers to find the best deals in the market.

By comparing quotes from a large range of insurers, consumers are able to find savings of up to RM1,000 from their current deals.

CTOS said consumers who successfully renew or purchase their insurance via the new platform will be able to get a free MyCTOS Score Report.

“CTOS Car Insurance reflects how we are focusing our partnership efforts to offer consumers end-end digital solutions in increasingly varied industries," said CTOS Digital group CEO Eric Hamburger.

"Also, in time, we hope to be able to offer even more value by taking into account credit scores to present consumers better prices, in line with the motor insurance de-tariffication process started by Bank Negara in 2016.”