Berjaya Sompo Insurance Berhad (BSIB) was honoured with being one of the top performing insurance companies in combating fraud at the recently concluded FIS Industry Showcase held in Kuala Lumpur. Presented by Insurance Services Malaysia Berhad (ISM), the award celebrates insurance companies that have effectively utilised the Fraud Intelligence System (FIS) to address fraudulent activities in the industry. 

Tan Sek Kee, Chief Executive Officer of Berjaya Sompo, expressed his appreciation for the recognition, stating: "This award is a testament to our unwavering commitment to integrity and transparency in the insurance sector. Leveraging advanced tools like the FIS enables us to protect not only our customers but also contribute to a fair and trustworthy insurance ecosystem."

FIS plays a pivotal role in identifying and mitigating fraudulent activities, empowering insurers to enhance operational efficiency and build greater accountability. Berjaya Sompo’s success in utilising this system reflects its proactive efforts to combat fraud and maintain the highest ethical standards in its operations.

Additionally, as an honoured member of the Fraud Prevention Committee at ISM, Berjaya Sompo was also nominated to be part of the 2024 Global Insurance Fraud Summit held from 10-13 November in Singapore. This recognition further reinforces Berjaya Sompo’s position as a trusted insurance provider and its dedication to fostering a safer, more reliable industry for customers and stakeholders alike.

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