KUALA LUMPUR, April 1 (Bernama) - Takaful Ikhlas General Bhd (Takaful IKHLAS) has entered into a strategic partnership with a local travel agency, Andalusia Travel & Tours Sdn Bhd from Feb 7, 2022 to equip haj and umrah pilgrims with comprehensive takaful coverage throughout their pilgrimage.
Takaful IKHLAS, a wholly-owned subsidiary of MNRB Holdings Bhd, said the collaboration is expected to raise its revenue by RM9 million a year while strengthening the Takaful IKHLAS brand as a trusted takaful operator among umrah participants.
In a statement today, it said the partnership is also anticipated to boost Takaful IKHLAS’ market share in the travel takaful segment.
Under the collaboration, Takaful IKHLAS will provide takaful products and services to umrah participants registered with Andalusia Travel & Tours.
“Our takaful products and services will be offered via Andalusia Tijarah, the takaful management unit for Andalusia Travel & Tours which has 40 branches nationwide," it said.
Takaful IKHLAS added that the collaboration is also in line with the Ministry of Tourism, Arts and Culture’s initiative to facilitate those who are performing their pilgrimage and ensure that umrah activities continue to be feasible among Malaysians.
“We are pleased to be the exclusive takaful operator to work with Andalusia Travel & Tours to help provide various takaful coverage to Malaysians wishing to perform their umrah and travel with Andalusia Travel & Tours," said president and chief officer Datuk Rudy Rodzila Che Lamin.
Meanwhile, Andalusia Travel & Tours founder Ibrahim Mat Sin said his company is pleased with the collaboration as Takaful IKHLAS offers extensive coverage to meet the various needs of umrah pilgrims.
“This proves that Takaful IKHLAS is attuned to the needs of umrah participants who may require additional protection, including medical cost coverage and quarantine expenses for those who are COVID-19 positive when they return home,” he said.
He said the collaboration will strengthen Andalusia Travel & Tours’ position as a market leader in umrah travel packages and travel coordinator, and expand its existing market to 50,000 customers per annum from 30,000 customers per year.
-- BERNAMA
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