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Role of Insurtech

Embedded insurance refers to the seamless integration of insurance products within third-party platforms or services, allowing consumers to purchase coverage as part of a broader transaction. For the travel industry, this integration simplifies access to travel insurance by embedding it directly into booking platforms, payment systems, or airline websites. Rather than requiring customers to seek separate coverage through traditional insurers, embedded insurance eliminates friction, creating a streamlined and user-friendly experience.

Second Hand Car Insurance in Malaysia

Insurance plays a critical role in the operations of second-hand car dealers in Malaysia, providing protection against potential financial losses arising from unexpected events. For dealers, understanding how insurance applies to various aspects of their business is essential to safeguarding assets and ensuring compliance with legal requirements. The dynamics of second-hand car insurance differ from traditional auto insurance, as they cover not only the vehicles but also the dealership’s activities.

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