The identification of risk sets the platform upon which decisions are made on how each risk is to be treated, taking into consideration the possibility of losses, their magnitude, frequency and their impact on the parties involved. The extent of the insurance coverage to be procured is a result of the identification and assessment process, when such risk are ready to be transferred to commercial insurers in a structured manner in consideration for the best possible terms to the insured.
Insurance offers the buyers an available and major tool to protect the assets and valued benefits from physical and other losses and liabilities. The services of an insurance broker with strong technical insurance skills as well as in-depth knowledge of the world’s ever changing insurance environment is essential in identifying the client’s needs and designing a suitable programme that will provide the required protection.
MIT brings together a team of established and experienced personnel with the skills and experience to provide fresh, innovative and strategic solutions to enterprise wide risks that businesses and organisations encounter in the conduct and growth of their businesses. Our key management staff and supporting manpower comprise of a good and healthy cross-section of experienced professionals in underwriting, claims and account management. In the rendering of our service our personnel are supported by a state of the art ICT support system and access to current information/data on the insurance market place, both locally and internationally.
Our objective at MIT is to assist our clients in attaining new standards for excellence and results by means of a critical identification and assessment of risk exposure and thereupon the formulation of innovative and cost efficient solutions to mitigate and manage the identified risks.
As a responsible Company, MIT has always aspired to adhere to Malaysia’s National Development Policy and we are a registered Insurance Broker with the Ministry of Finance and enjoy Bumiputra contractor status. MIT is also a licensed Takaful broker.
We have taken advantage of globalisation and the consequences arising there from by establishing linkages with some of the leading underwriters and renowned brokers in the world, particularly in Singapore, Hong Kong and the UK. We also have within our network of associates, a group of well-trained engineers and consultants who bring with them the experience of handling the portfolio of various projects within the region.
In the final analysis our resources in terms of skills, experience and expertise, our global access to the leading insurance markets in the world and our commitment to service places us in an ideal position as a leading insurance service provider in the country.