The First General Insurer To LaunchAn Innovative Product For People With Pre-Diabetes And Type 2Diabetes

Policyholders Will Be RewardedFor Managing Their Diabetes Condition Effectively

KUALA LUMPUR, MALAYSIA - Media OutReach - 12April 2019 - MSIG Insurance (Malaysia) Bhd "(MSIG Malaysia)" has launched a dedicatedinsurance for the growing number of Malaysians diagnosed with pre-diabetes and type2 diabetes.

MSIG Gluco SafeGuardrecognises that millions of Malaysians with pre-diabetes and type 2 diabeteshave difficulty obtaining proper health insurance coverage, with the majorityof traditional health insurance policies excluding pre-existing medicalconditions (medical conditions identified before purchasing the insurance).

Gluco SafeGuardinsurance provides comprehensive coverage for the wide variety of illnesses andtreatments that normal health insurance plans do, but with additionalprotection and assurance for diabetic patients. Gluco SafeGuard has beenspecifically designed to provide greater peace of mind to diabetic patients,who may face additional uncertainties, costs, and claims complications whenutilising normal health insurance policies, particularly if diabetes ends upbeing a factor in their illness and treatment.

Another keyfeature of MSIG's Gluco SafeGuard insurance is that it is innovatively packagedwith complimentary premium access to a dedicated Diabetes Management App(Health2Sync) that can help policyholders monitor and manage their diabeteseffectively.

Premium access to the Health2Sync app, will enable policyholders toself-monitor by conducting their blood glucose and haemoglobin tests in atimely and regular manner. It will also provide lifestyle and dietaryrecommendations to help policyholders achieve a healthier blood sugar level.Policyholders who dutifully and consistently perform their tests and record theresults in the App itself can enjoy a premium reduction of up to 40% upon theirnext policy renewal, subject to eligibility and underwriting criteria.

The provision of the Apppromotes self-disciplinedhealth management, which differentiates Gluco Safeguard from some other diabetes-related insuranceofferings that rely only on one-off tests in advance of policy renewal. Gluco SafeGuardrewards policyholders who sustain a healthy lifestyle on a consistent basis andnot merely for a short period of time. Another key difference of MSIG's productis there is no co-insurance (a health care cost-sharing between an insuredperson and the insurance company) expected of the policyholder for admissioninto hospitals.

Malaysia has the highest rate of Diabetes in Asia and one of the highestin the world. According to figures released by The International DiabetesFederation (IDF), there are currently (2019) about 3.6 millionadults with diagnosed diabetes in Malaysia, an increase from 3.5 million in2017.  Inaddition, the diagnosis of diabetes inpeople between the age of 18 and 35 has increased by 300% in the last 15 years,according to a statement by the Health Minister, Datuk Seri Dr. DzulkeflyAhmad, 27 March 2019, The Malaysian Reserve.

Mr. Chua Seck Guan,Chief Executive Officer, said "Diabetesis clearly a large problem in Malaysia, which is why we have chosen to launchthis innovative 'Gluco SafeGuard' product which is specifically designed for peoplewith pre-diabetes and type 2 diabetes. Our objective was to not only give customers the peace of mind thatthey can handle the increased financial consequences of the condition, but alsoprovide a tool to help them understand and manage the condition in an effectiveway."

Mr. Chua continued, "At MSIG wepride ourselves on 'seeing the heart in everything' and as such we felt aresponsibility to encourage and reward our customers to make choices to minimisethe impact of the condition and enjoy a better overall quality of life forthemselves and their families. This is why we are providing complimentarypremium membership use of the Health2Sync App as part of the 'Gluco SafeGuard'policy, along with rewards to encourage its use. We hope that this approachwill not only benefit our customers directly, but also play a small part inhelping the country tackle the diabetes epidemic."

Further details of MSIG's 'Gluco SafeGuard' insurancepolicy, you may click to watch the product feature  video here: https://www.youtube.com/watch?v=pOnzaTF2zEk . Interested parties can also contact a MSIGInsurance Adviser or visit www.msig.com.my for more information.

About MSIG Insurance (Malaysia) Bhd

MSIG Insurance (Malaysia) Bhd ("MSIGMalaysia") is a subsidiary of Mitsui Sumitomo Insurance Company, Limitedand a member of MS&AD Insurance Group Holding, Inc. (MS&AD), one of thetop ten** general insurers in the world.

With over 100 years of general insurance experienceand a nationwide network of 20 branches in Malaysia, MSIG Malaysia is one theleading general insurers in Fire, Engineering and Motor classes and No.1 inMarine Cargo, offering extensive range of products and services for personal andbusiness needs.

In2015, MSIG Malaysia was recognised as the "General Insurance Company of theYear" at the Asia Insurance Industry Awards for efforts in advancing customerexperience and industry leadership in Enterprise Risk Management.

For more information on MSIG Malaysia, visit www.msig.com.my orfacebook.com/MSIGMalaysia.

*Asof Dec 2017

**FortuneGlobal 500, 2017.