\n<\/p>\n
KUALA This is why Kevin Hoong, In the US, the\u00a0<\/i>Animal Medical “As a busy working adult living on my own, the remote Kevin continued, “Medical costs for pet care can be “When I first adopted 2 stray cats (Siti Kylie and Nurul Kendall), \u00a0<\/i><\/p>\n Some key Mr. Chua Seck
\nLUMPUR, <\/i>MALAYSIA\u00a0–\u00a0<\/i>Media OutReach<\/a> – 22 April
\n2021 – Malaysians love their furry friends and are increasingly investing in a
\nburgeoning range of pet-related products such as pet hotels, pet grooming
\nservices, pet tracking\/monitoring gadgets and many more. But pets can also be a
\nheavy responsibility for caring owners, if they get ill or unfortunately suffer
\nan accident.<\/p>\n
\nOyen Sdn Bhd created a digital-first insurance platform – oyen.my<\/a> – with MSIG Malaysia<\/a> partnering to underwrite the pet
\ninsurance policy. This new platform allows
\ncaring pet owners to digitally buy and manage medical insurance for their cats
\nand dogs, quickly and conveniently.<\/p>\n
\nOyen Founder & CEO, said, “The COVID-19
\npandemic has fuelled an increase in pet ownership around the world. More people
\nare now working from home and increasingly look to pets to provide
\ncompanionship and help manage their stress. Many of these new pet owners are
\nfirst-timers and often millennials, who are more digitally savvy.”<\/i>
\nCentre<\/i><\/a> has seen a 25%
\nincrease in new pet dogs and cats ownership compared with the previous year
\nprior to the pandemic. An overwhelming percentage of pet owners <\/i>(74%) in the UK<\/i><\/a> had also said that their pet had helped
\nthem with their mental health while they were coping with the lockdowns.<\/i>
\nworking arrangement limits my physical interactions, which can feel
\ndemotivating. I am happy to have my cats, Budi and Nadi, as companions to keep
\nme positive. Oyen provides me with the peace of mind that my cats are always
\nprotected. Major plus point – it took me just a few minutes to apply with Oyen
\nonline!” Aiman Kamal, 32, a banker & recent customer of Oyen Sdn Bhd.<\/i><\/p>\n
\nsurprisingly large and an unexpected and unwelcome expense for many owners
\nshould their pets get ill or suffer an unfortunate accident. That is why we
\nthought it was the perfect time to launch this digital pet insurance option in
\nMalaysia. We want to lower the barrier to entry and offer a service which can
\nprovide pet owners, especially first timers, with some reassurance and peace of
\nmind in these turbulent times.”<\/i><\/p>\n
\nI was worried about the financial commitment that would inevitably come with
\ntheir health care costs. Once, Siti Kylie fell sick, and I was shocked at the
\nbill that came! The fact that I can now purchase the coverage online with Oyen
\nmakes the process super convenient, and all of the important details are stated
\nin their website clearly.” Jehan Omar, 31, IT Project Manager, who is a
\ncustomer of Oyen Sdn Bhd.<\/i><\/p>\n
\nfeatures of Oyen’s pet insurance^ include:<\/p>\n\n
\nfees, claimable in the event of illness or accidental injury.<\/li>\n
\nliability coverage up to RM 50,000.<\/li>\n
\nwithin minutes and submit their claims online.\u00a0<\/li>\n<\/ul>\n
\nGuan, CEO of MSIG Malaysia, said, “We are delighted to have been able to work
\nwith Oyen to develop this unique digital pet insurance offering. We hope that
\nour position as one of the world’s top ten general insurers, with over 100
\nyears of operation in Malaysia, will provide reassurance and confidence to
\nMalaysian pet owners looking to use Oyen to cover their pets’ medical
\nexpenses.” <\/p>\n