Samiksha Jaiswal (Editor)

Prudential BSN Takaful

Updated on
Edit
Like
Comment
Share on FacebookTweet on TwitterShare on LinkedInShare on Reddit
Industry
  
Takaful

Net income
  
RM00,10 million (2014)

Founded
  
2006

Revenue
  
RM1,088 million (2014)

Headquarters
  
Kuala Lumpur, Malaysia


Type
  
Private limited company

Key people
  
Ghazali Awang (Chairman) Aman Chowla (CEO)

Products
  
Family takaful General takaful

Parent organizations
  
Prudential, Bank Simpanan Nasional

Profiles

Prudential BSN Takaful Berhad (PruBSN) is a Malaysian takaful company. It was founded in 2006 and is a joint venture between Bank Simpanan Nasional and Prudential plc, who have 51 and 49 percent stakes respectively. The company is a provider of both family and general takaful.

With a market share of 39% in the first quarter of 2015, PruBSN is one of the leading family takaful operators in Malaysia. It was the market leader from 2011 to 2014 according to Insurance Services Malaysia. In 2015, it won various awards including 'Best Takaful Institution' by The Asset.

PruBSN has an agency force of 12,000 and partners with Standard Chartered Saadiq, Affin Islamic Bank and Kuwait Finance House Malaysia to distribute their products. In 2013, it began advancing the use of mobile point-of-sales to sell products instantly through debit or credit cards. As of April 2015, more than 50 percent of sales were conducted on the mobile platform.

Prudential malaysia prudential bsn takaful agent


References

Prudential BSN Takaful Wikipedia