ISM collects data and maintains databases for various classes of insurance. The Upload File System is used by members to submit data to ISM. The following data is submitted via this system:-
- Motor Insurance
- Fire Insurance
- Marine Cargo and Hull Insurance
- Bank Negara Malaysia
- Medical and Health Insurance
The data submitted is processed through a Data Verification Tool (DVT) to ensure its integrity and accuracy.
2. Insurance Statistic
Statistical bulletins based on the data collected are then published to ISM members periodically. We also carry out customized analytics based on requests from our members, such as:-
- Profitability Analysis for a specific segment
- Competitive Analysis – benchmarking against industry or peer group
- Market Opportunity Analysis
- Trending Analysis
Knowledge Management System (KMS) is our business intelligence tool that can be subscribed by our members to carry out their own analysis. KMS is also the platform for us to publish interactive reports.
3. Automotive Business Intelligence (ABI)
ISM Automotive Business Intelligence (ISM-ABI) is a vehicle valuation database. It consists of vehicle current market value, specification, standard features, vehicle trade-in value and vehicle net selling price of the vehicles on the Malaysian road. The database is updated on a monthly basis to reflect the depreciation of vehicles and new entry models.
This service was developed together with the world's leading provider of Automotive Business Intelligence, Eurotax Glass’s.
Members & Affiliates
Our members consists of stakeholders within the insurance industry in Malaysia. They consist of insurance companies, takaful operators, reinsurers and retakafuls. Click on the button below to view our registered members.