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MCIS ZURICH Insurance Berhad

MCIS ZURICH Insurance Berhad

Established : 1998
MCIS Insurance Berhad was a composite insurer providing life and non-life products.MCIS ZURICH was the first conventional insurer in Malaysia to set up the Syariah Advisory Council for handling Takaful related issues.

Contact Info Products & Services
Address : Wisma MCIS ZURICH, Jalan Barat, 46200, Petaling Jaya, Selangor, Malaysia
Phone : +603-79552577
Fax : +603-79574780

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MCIS Insurance Berhad was a composite insurer providing life and non-life products. It has been previously known as The Malaysian Cooperative Insurance Society. In June 1998, the Cooperative transferred it's insurance business to MCIS Insurance Berhad, a company incorporated under the Companies Act.

Zurich Insurance (Malaysia) was a non-life insurance company and Zurich Asia Holdings Limited is a subsidiary of the Zurich Financial Services Group, a global leader of integrated financial services, providing it's customers solutions in the area of financial protection (non-life insurance and structured solutions) and asset gathering (life insurance and asset management). Founded in 1872, Zurich Financial Services headquartered in Zurich, Switzerland.

On 23 February 2008, the company officially announced its newest Syariah Advisory Council (SAC) members. The Syariah Advisory Council consists of a 5 Member panel that together, make up a balanced composition of experience and expertise - with representations from the scholastic and syariah field; and complimented with long-time insurance industry practitioners.

MCIS ZURICH was the first conventional insurer in Malaysia to set up the Council and remains to be the only one to have such a Council. The Councilís role shall primarily be to provide internal consultations to the Management, undertaking research and development on various Insurance topics from a syariah perspective and be involved in road shows and interaction sessions in enhancing the awareness of ethical practices in the sale of insurance products.

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