Allianz General Insurance Company (Malaysia) Berhad has unveiled new initiatives aimed at supporting small and medium enterprises (SMEs) and the commercial sector. The company is offering complimentary financial assistance for unexpected business closures and enhanced coverage for foreign workers. These measures are designed to empower SMEs, which contribute nearly 40% to Malaysia’s GDP and employ almost half of the workforce, by providing comprehensive protection strategies against unforeseen challenges.
“In today’s challenging economic landscape, it is important for businesses to have reliable support systems in place,” said Allianz General CEO Sean Wang. The company is offering financial assistance to businesses facing closures of 48 hours or more due to unexpected events, alleviating the burden during difficult times.
The Allianz Business Resilience Campaign provides corporate policyholders with active Allianz Business Shield, Standard Fire, or Commercial Fire policies with one-off financial support up to $4,300 (RM20,000) if a covered event causes the insured premises to close for 48 hours or more. This campaign runs from 1 February 2026 to 31 December 2026 or until the total financial relief reaches $540,000 (RM2.5m).
Additionally, Allianz General’s Foreign Workers Hospitalisation and Surgical policy now includes complimentary one-year Group Personal Accident coverage. This enhancement is designed to ease the financial burden on employers in the event of an accident, whilst providing foreign workers with extra financial protection.
These initiatives reflect Allianz General’s commitment to safeguarding both assets and people, ensuring businesses are well-protected against a wide range of potential disruptions.
