PUMA: Performance and Sport-inspired Lifestyle Products

As one of the world’s leading sports brands, PUMA has made history as a creator of product designs for outstanding athletes, running shorts women and sports teams — football, running and training, golf, basketball and motorsports. PUMA’s headquarters is in Herzogenaurach, Germany, with more than 14,000 employees in more than 120 countries.

From Humble Beginnings to International Breakthrough

In Germany, PUMA was founded in 1919 as the “Gebrüder Dassler Schuhfabrik” (Dassler Brothers Shoe Factory). The brand pivoted its international breakthrough during Amsterdam’s 1928 Olympic Summer Games, where most German athletes wear Dassler spikes. In 1948 “PUMA” was officially registered at the German Patent and Trademark Office.

Level Up On The Playing Field

PUMA apparel is designed for both functionality and leisure — it is suitable for all sports, from football to running. You can also style it as leisurewear and go about your day in comfortable sports apparel because sport is a lifestyle. Discover a variety of sportswear for all ages at PUMA.

PUMA’s Business Philosophy

PUMA is committed to making better products and contributing to a better environment and society. By working with stakeholders on the 10FOR25 sustainability strategy, they aim to do better across various sustainability areas, including Fair Income, Products, Health & Safety, and more — doing their part to deliver better products and contribute to a better world.

PUMA: Culture of Firsts

PUMA strives to be at the forefront of innovation to meet our athletes’ needs, with adaptive Dynamics as one of the principles that guide PUMA Innovation. This principle is creating products that adapt to human body movement and the environment based on thermoregulation, activity or fit, which led to the creation of PUMA’s self-lacing Fit Intelligence Training Shoe.

PUMA Against Social Injustices

Over the years, PUMA has partnered with athletes and ambassadors who have raised their voices to support universal equality. In 2018, PUMA running shorts women established #REFORM to honour the 50th anniversary of Tommie Smith’s Silent Gesture as an effort to stand up against the broken U.S. criminal justice system. Support organisations that inspire real change.

Extensive Insurance With AIG Malaysia

Get Complete Security With AIG

There’s always a danger that we may deal with doubtful dangers within our day-to-day lives. Hence, it’s very best we get yourself guarded by using an excellent insurance plan. A good direct insurance strategy gives a kind of economic security in case any sad situations happen, and AIG Malaysia is here now to provide a selection of plans that satisfy your desires.

Defense Ideas from AIG Malaysia

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AIG’s Journey Insurance

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Auto Insurance

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Can We Actually Need Insurance Ideas?

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Supplying Electronic Digital Solution for Facultative Coinsurance Company

Honouring 25 Years of CAB

The Central Administration Bureau (CAB) manages the facultative reinsurance and coinsurance dealings between people through centralised digital web-structured methods, hoping to simplify reconciliation repayments and rehabilitation statements. CAB’s workplace is found in Damansara Levels, less than Malaysian Reinsurance Berhad’s administration and celebrated its 25th anniversary in 2020.

CAB’s Organisation Construction

The CAB Board works with a Chairman, a lasting fellow member from Malaysia Re, a PIAM rep and four supervisory table members. Its internal functions are within the treatment for an Assistant (Bureau Director), although an Operation Head directs the Secretary’s Finance and IT Model report. CAB’s client collection consists more than 70 community and offshore insurance policy sector stakeholders.

CAB’s Services and products

Insurance policy reconciliation repayments usually demand a full day time to process. CAB offers centralised online-centered solutions, namely the CABFAB and CABCO, which people jointly account. The systems facilitate on-time settlements, eradicate reconciliation issues making claims rehabilitation better for facultative reinsurance and coinsurance enterprises.

Understanding the CABFAC Program

CAB is the first in Asia to produce an electronic internet-centered system for managing facultative reinsurance dealings, consisting of 4 main modules that are the offer module, underwriting unit, declare unit and confirming module. Facultative reinsurance can be a procedure in which a principal insurer gains a lot more stability by buying insurance to mitigate threats inside their enterprise guide.

Comprehending Coinsurance

Coinsurance the type of protection provided by a variety of insurance providers for a person user or organization. Modelling the CABFAC system’s success, members of Persatuan Insurans Am Malaysia (PIAM) designed digital CAB Coinsurance Process (CABCO) for efficient declare settlements and dealings. The CABCO system incorporates a declare unit, reporting unit and underwriting unit.

CAB Membership Pros

The CABFAC simplifies pay out for facultative reinsurance and coinsurance procedures through obvious rules and processes, offering unrestricted consumers with access to the portal. Insurance coverage and takaful operators pay a 1-off joining cost of MYR41,465 along with an annual fee of MYR 7,195 with .2% of levy charges, when brokers shell out MYR1,500 annually MYR50 monthly.

Who Can be quite a Participant?

Get a CAB regular membership to enjoy a web-based-centered process that offers easy features for facultative reinsurance & coinsurance plan. CAB is presently servicing over 70 insurance providers & reinsurers, takaful & retakaful operators, agents and offshore reinsurers & broker agents, such as well-known board members like AIG Malaysia, Kuwait Re, and Takaful Ikhlas.

Be described as a CAB Participant

In 1995, Central Administration Bureau was recognized to resolve labour and time inefficiencies in reinsurance and retakaful dealings. Using a comprehensive digitalisation of the solutions and methods in 2004, CAB provides dependable and protect web-centred programs for members to enhance productivity and minimize transaction faults, benefitting many insurance plan organizations.