BJAK Malaysia has reached a landmark achievement, solidifying its position as the country’s largest digital insurance ecosystem. The company recently received official recognition as an approved Financial Adviser (FA) under Bank Negara Malaysia (BNM), a milestone that affirms BJAK’s credibility, compliance, and leadership within Malaysia’s financial services sector.
The official launch was marked by BJAK CEO Ronald Lim alongside representatives from 16 leading insurers, underscoring the collaborative spirit that drives Malaysia’s largest online insurance partnership. The participating insurers include AIG, Allianz, Chubb, Great Eastern, Takaful Ikhlas, Liberty Insurance, Lonpac Insurance, Generali, MSIG Insurance, Pacific & Orient Insurance, RHB Insurance, Berjaya Sompo Insurance, Takaful, Tokio Marine, Tune Protect, and Zurich Takaful.
Since its inception, BJAK has rapidly become one of Malaysia’s most widely used digital insurance platforms, enabling users to compare, purchase, and renew policies online seamlessly. With its newly granted FA status, BJAK can now provide professional, unbiased financial advice tailored to individual needs, reinforcing its role not just as a technology enabler but as a trusted advisor in the insurance and takaful space.
“This recognition is a major step forward for BJAK and for digital insurance in Malaysia,” said Ronald Lim. “It allows us to deepen our commitment to transparency, choice, and consumer empowerment—values that have guided our journey from day one.”
The expanded insurer network now offers Malaysians the widest digital access to motor insurance and takaful products in the country. Users can compare quotations side-by-side, review coverage benefits clearly, and make informed decisions—all from a single, secure platform.
“Bringing 16 insurers together on one platform is a collective achievement for BJAK and our partners,” Ronald Lim added. “This network is the largest of its kind in Malaysia and reflects a shared commitment to strengthening digital access, fair comparison, and customer empowerment across the industry.”
BJAK’s platform addresses the traditional challenges of fragmented and opaque insurance purchasing by simplifying comparisons, offering seamless renewals, and promoting financial literacy. The platform empowers consumers to make confident, informed decisions regarding protection for themselves and their families.
Over six years, BJAK has nurtured long-term partnerships with major insurers, creating a robust ecosystem that continues to expand access to insurance and takaful coverage nationwide. As Malaysia accelerates toward a digital economy, BJAK supports national ambitions by providing a compliant, efficient, and inclusive way for consumers to engage with financial services.
For more information and to explore BJAK’s digital insurance platform, visit www.bjak.com.