Malaysia’s first telematics commercial vehicle insurance launched

Commercial Vehicles Local News News

AXA Affin General Insurance Berhad (AXA) has partnered up with Hap Seng Trucks Distribution (HSTD) and Hap Seng Credit to launch Malaysia’s first telematics commercial vehicle insurance and financing. Called the AXA FlexiTruck, this collaborative initiative hopes to inculcate safe driving behaviour among FUSO light commercial vehicle truck drivers with the addition of telematics security device.

According to Emmanuel Nivet, CEO of AXA, “As commercial vehicle transportation continues to grow in Malaysia, crash rates involving commercial vehicles remain high. It is important for us, as an insurer, to promote inclusivity and responsible driving behaviour to all road users, including light commercial vehicle drivers to mitigate the high accident and road fatality rate. Together with our partner Hap Seng Trucks Distribution, we are committed to deliver our shared goal of providing added value and protection to our customers, at the same time making our roads better and safer for all.”

The concept is basically the same with their AXA FlexiDrive for private car owners explained in the video above. Through collective efforts with HSTD, AXA FlexiTruck will be promoted at HSTD FUSO dealership network branches and HSC offices nationwide, with all Mitsubishi Fuso Canter trucks sold to be fitted with a telematics device that provides the following capabilities:

  • Vehicle telematics service (data access on vehicle usage, mileage and driving behaviour through mobile app)
  • Automatic accident alert & assistance: (automated alert for emergency medical assistance in case of emergency)
  • 24/7 vehicle security & theft recovery (real-time alert in case of theft and police will be alerted to help recover the stolen vehicle)

“Truck drivers in Malaysia are among the most trained and highly skilled, but they are under protected due to lack of awareness and accessibility to affordable protection solutions. Our collaboration with AXA ties back to our mission to leverage on innovative product offerings to address the drivers’ needs, while giving them peace of mind on the road,” added Roland.

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