Consultancy Services

Group Insurance

Employee Benefits

Employee benefits insurance refers to insurance offered by employers to their current employees and/or their dependents. These are the major types of employee benefits insurance: medical insurance, life and disability insurance, critical illness insurance, personal accident insurance, maternity coverage, dental and optical coverage.

SME Package

The easy, convenient and comprehensive employee benefits solutions that customised for SME.

Foreign Workers Insurance

Foreign Workers Insurance Guarantee (FWIG)

Foreign Workers Insurance Guarantee (FWIG) is a guarantee required by the Malaysian Immigration Department from employers as a security deposit for the employment of foreign workers in Malaysia. FWIG guarantees to cover repatriation expenses in the event where your foreign worker is required by the authorities to be sent back to his country origin during his stay in Malaysia.

Foreign Workers Hospitalization and Surgical (FWHS or SKHPPA)

The Foreign Workers Hospitalisation and Surgical (FWCS or SKHPPA) is specially designed in view of increasing hospital and surgical costs and to reduce the financial burdens of employers of foreign workers in Malaysia in the event of hospital admission of their foreign workers due to an accident or illness.

General Insurance

Fire & Property

Provides coverage for the buildings and covers loss or damage by fire or lightning.

Engineering & Machines

Provides economic safeguard to the risks faced by the ongoing construction project, installation project, and machines and equipment in project operation.

Commercial Insurance

Liability

The following information was retrieved from PIAM website.

Public Liability Insurance

This type of insurance would cover a business if a customer or member of the public was to suffer a loss or injury as a result of its business activities, and if that person made a claim for compensation. The insurance would cover the compensation payment plus any legal expenses.

Product Liability Insurance

Product liability insurance covers the cost of compensating anyone who is injured by a faulty product that your business designs, manufactures or supplies.

Professional Indemnity Insurance

This policy is a form of liability insurance that helps protect professional advice and service-providing individuals and companies from bearing the full cost of defending against a negligence claim made by a client, and damages awarded in such a civil lawsuit.

Directors and Officers Liability Insurance

This policy is a liability insurance payable to the directors and officers of a company, or to the organization(s) itself, as indemnification (reimbursement) for losses or advancement of defence costs in the event an insured suffers such a loss as a result of a legal action brought for alleged wrongful acts in their capacity as directors and officers. Such coverage can extend to defence costs arising out of criminal and regulatory investigations/trials as well; in fact, often civil and criminal actions are brought against directors/officers simultaneously.

Employers’ Liability Insurance

This policy covers the employer because the employer may be at risk of being sued by those employees who are not protected by Workmen’s Compensation Acts or SOCSO. This policy indemnifies the employer against liability at law to pay compensation and cost and expenses to your employees in respect of accidental bodily injury or disease arising out of or in the course of employment. The standard Common Law limit is RM1,000,000 any one accident and in the aggregate.

Compensation

The following information was retrieved from PIAM website.

Workmen’s Compensation Insurance

This policy covers the employer in respect of the statutory liability under the Workmen’s Compensation Law(s) as well as at Common Law to the employees who are generally not covered under SOCSO.

This policy indemnifies the employer against all sums for which the employer shall be liable to pay compensation to any employee for personal injury sustained by accidents or occupational diseases arising out of and in the course of this employment under the Acts.

Foreign Workers’ Compensation Scheme

Employers who are employing foreign workers must comply with the statutory requirement under Section 26(2) of the Amended Act 1996 of Workmen’s Compensation Act 1952 to purchase this insurance to protect their foreign workers
This policy indemnifies the employer under the Act in respect of compensation for employment injury as well as non-employment injury sustained by your foreign workers.

Employee Wellness Program

Employee wellness program is a set of initiatives ranging from fitness activities, nutrition talks, health screenings to stress management that seek to improve the overall health of the employees. Wellness programs are malleable, shaped primarily by the needs of the employees and resources of the company.

What Are The Essential Components of an Employee Wellness Program?

Surveying

Reaching out to employees in order to find out what health and wellness concerns they may have, especially those related to work. There are a number of factors in the workplace that can contribute to poor health like stress, burnout, and workload. Finding a common thread can help promote inclusion to a wider range of employees.

Planning

This is the process of taking the data and insights from the survey and using them to structure offerings that directly address those concerns. For example, one of the major issues in your office is employees who feel overworked and over stressed. Build mental health challenges or flexible work hours into your wellness program to meet this issue head-on.

Goals

It’s important to be clear on the desired benefits of instituting a wellness initiative, from there you can assign key performance indicators (KPI). KPI for a wellness initiative can be tied to business goals. It can be as simple as observing if there are fewer instances of sick leave since you implemented the onsite fitness program and even potentially tying that to a dollar amount.

Tracking

Follow the progress of the team against the goals and KPI you’ve set with their input. Use regular recognition to reinforce the successes of the individual and the group. Not only does tracking the wellness journey offer tangible results and promote accountability, it also provides points of justification. If a program isn’t working, you’ll be able to tell before it wastes resources. And if it does work, you’ll be able to show leadership how and perhaps why.

Participation

This is simple. Are employees actually taking advantage of the program’s offerings? It’s likely the most important factor in gauging the success of any wellness initiative. If your team isn’t taking advantage of the program’s initiatives, it’s safe to say that something doesn’t resonate with them and you should resort back to the planning phase.

Recalibration

This should be a continuous and fluid process. If your program is working, then you should be thinking of how you can make it better or how you can apply what you’ve learned to your next initiative. If it’s not working, you should think about why and how you can tweak it so that it will become more relevant to employees.

An employee wellness program should function like a living process, rather than a rigid set of activities. The programs should change and evolve with the people they’re meant to serve.

We offer a complete range of Employee Wellness Program to meet your diverse needs and goals.

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