AXA Partners Hap Seng Trucks Distribution & Hap Seng Credit To Launch Malaysia’s 1st Telematics Commercial Vehicle Insurance & Financing

KUALA LUMPUR, Aug 28 (Bernama) — AXA AFFIN General Insurance Berhad (AXA) continues to expand its Payer-to-Partner strategy through its strategic partnership with Hap Seng Trucks Distribution Sdn. Bhd. (HSTD) and Hap Seng Credit Sdn. Bhd. (HSC). This collaborative initiative aims to introduce AXA FlexiTruck as the first telematics commercial vehicle insurance in Malaysiato inculcate safe driving behaviour among FUSO light commercial vehicle truck drivers and help them understand their driving habits better through the installation of telematics security device. 

Emmanuel Nivet, CEO of AXA, said, “As commercial vehicle transportation continues to grow in Malaysia, crash rates involving commercial vehicles remain high. It is important for us, as an insurer, to promote inclusivity and responsible driving behaviour to all road users, including light commercial vehicle drivers to mitigate the high accident and road fatality rate. Together with our partner Hap Seng Trucks Distribution, we are committed to deliver our shared goal of providing added value and protection to our customers, at the same time making our roads better and safer for all.”

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