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BANKING & FINANCE
the best rates to address the needs of its clients
at every stage of their lives or businesses. The
company currently has four branches and two
counters throughout the country.
Prominent in Takaful and Insurance
Industry
Insurans Islam TAIB Holdings Sdn Bhd
(IITH) celebrated the 25
th
anniversary of its
establishment on March 3, 2018. The company
was formerly known as Takaful TAIB Sendirian
Berhad, a start-up company with only five
employees. The company occupied a small area
within its parent company Perbadanan Tabung
Amanah Islam Brunei (TAIB) office.
From its humble beginning, IITH and its
subsidiaries now have more than 140 personnel,
three head offices and branches, eight Takaful
counters and more than 70 authorised agents.
The company has bancatakaful partnerships with
leading banks and financial institutions in Brunei.
IITH has two subsidiary companies under the
Takaful Order 2008: Insurans Islam TAIB General
Takaful Sendirian Berhad (IITGT) and Insurans
Islam TAIB Family Takaful Sendirian Berhad
(IITFT); offering a wide range of Takaful products
and services. IITGT protects the insured’s assets
and values. Meanwhile, IITFT provides financial
protection for families if the insured or their
significant other becomes ill and is unable to
work.
Information Technology (IT) has always been
at the forefront of IITH services. The company
aspires to provide professional and efficient
Syariah-compliant Takaful services through the
latest technology.
In November 2018, IITH ventured into e-commerce
with the launching of IIT Mobile app. Available in
Google Play and Apple App Store, the app has
a minimalist and user-friendly interface. Users
may explore IITH, IITGT and IITFT corporate and
products information; view the list of authorised
agents and understand the policy claim process.
The app’s “Get Quote” feature allows customers
to obtain quotations and more information on
Takaful products.
For corporates, IITGT and IITFT have introduced
various Takaful products with customisable
coverages and benefits to suit their needs. Their
products cater to oil and gas related industries,
fishery, aviation, telecommunication, marine
hull and marine cargo. Clients of IITGT and IITFT
range from government agencies to private
companies including micro, small and medium
enterprises.
With its extensive market experience and
global supports from highly rated reinsurance
companies, retakaful and actuarial firms; IITH
and its subsidiaries remain steadfast and
maintain their stronghold in Brunei’s Takaful and
insurance industry.