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KUALA LUMPUR - Tune Protect Group has launched its first-in-market online employee health and life digital solutions for small and medium enterprises (SMEs) and micro SMEs (MSMEs).
In a statement today, the insurtech company said the digitally-led initiative is made through its wholly-owned subsidiaries, Tune Protect Life and Tune Protect Malaysia.
Group chief executive officer Rohit Nambiar said despite being a vital part of the economy, contributing 37.4 per cent to the gross domestic product (GDP) in 2021, SMEs remain largely uninsured or underinsured.
"This protection gap exposes them to significant risks and vulnerabilities. This is why, as a digital insurer, we are taking proactive steps to address the insurance needs of MSMEs, leveraging our digital-first approach,” he said.
Nambiar noted that by making insurance accessible, affordable, and convenient, the group would be able to support the growth and resilience of the MSMEs community, contributing to a stronger and more secure economy. - BERNAMA
