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Generali Malaysia, UNDP to offer insurance and risk financing solutions to bolster SME resilience

KUALA LUMPUR: Generali Malaysia, in partnership with the United Nations Development Programme (UNDP), is working to strengthen the resilience of small and medium-sized enterprises (SMEs) by offering customised insurance and risk financing solutions.

This partnership aims to protect SMEs from the escalating risks of climate change and other emerging challenges, demonstrating Generali's commitment to tackling global issues with locally adapted strategies.

Generali Insurance Malaysia Bhd chief executive officer and Generali Entities country head for Malaysia, Fabrice Benard, said the company will continue to lead with purpose, fostering a resilient and sustainable insurance landscape for Malaysians.

"Our journey has been defined by our relentless pursuit of innovation, operational excellence, and community impact. We are honoured by the recognition we have received, which reflects the trust our customers place in us and our dedication to creating value for all stakeholders," he said.

Generali Malaysia has also been honoured with the prestigious MSME Insurance Initiative of the Year – Malaysia and BMI Sustainable Brand Awards 2024.

These awards celebrate the company's innovative contributions, including the "Building MSME Resilience in Southeast Asia" research report, the SME Loss Prevention Framework digital tool, the Insurance Innovation Challenge Fund, and the Asia SME EnterPRIZE project.

The initiatives highlight its dedication to fostering sustainability and its role as a responsible corporate citizen, committed to supporting vulnerable businesses and driving sustainable development across the region.

Generali Malaysia has also unified its general and life insurance branch networks as part of its growth strategy.

With extensive expertise in general insurance—including medical and health, motor, home, travel, personal accident, and business solutions—the company is dedicated to meeting the changing needs of its customers while delivering a seamless and convenient experience. 

Its life insurance segment provides customised solutions for protection, medical coverage, savings, and legacy planning to support customers at every stage of life.

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