KUALA LUMPUR, April 2 – Takaful Ikhlas General Berhad (Takaful IKHLAS), a wholly -owned subsidiary of MNRB Holdings Berhad and local travel agency, Andalusia Travel & Tours Sdn Bhd (Andalusia Travel & Tours) has entered into a strategic partnership starting 7 February 2022 for the purpose of equipping Hajj and Umrah participants with comprehensive takaful coverage throughout the period of worship.
This collaboration supports the initiative of the Ministry of Tourism, Arts and Culture (MOTAC) in facilitating umrah pilgrimages as well as ensuring the feasibility and continuity of Malaysians to perform umrah activities.
Through this strategic partnership, Takaful IKHLAS will provide takaful products and services to umrah participants registered with Andalusia Travel & Tours. Takaful products and services from Takaful IKHLAS will be distributed through Andalusia Tijarah, the takaful management unit for Andalusia Travel & Tours which has 40 branches nationwide.
“We fully support the efforts of Andalusia Travel & Tours in providing umrah package preparation services to Malaysians. We are honored to be the exclusive takaful operator to partner with Andalusia Travel & Tours in helping to provide various takaful coverage to Malaysians who wish to perform umrah and travel with Andalusia Travel & Tours, ”said Dato ‘Rudy Rodzila Che Lamin, President and CEO Takaful Ikhlas General Berhad.
Meanwhile, Tuan Haji Ibrahim bin Mat Sin, Founder of Andalusia Travel & Tours Sdn Bhd said, “We as the leading local umrah leader, are pleased that Takaful IKHLAS provides an extensive protection plan to meet the various needs of umrah pilgrims. This proves that Takaful IKHLAS is very sensitive to the problems of umrah participants who need additional protection including medical expenses and quarantine costs for those who are COVID-19 positive once they return home “.
The combination of the strength of this cooperation as well as the exciting development of the umrah and tourism industry can have a positive impact on Takaful IKHLAS and Andalusia Travel & Tours. This collaboration is expected to be able to increase Takaful IKHLAS revenue by RM9 million per year as well as strengthen the Takaful IKHLAS brand as a trusted takaful operator in providing protection to umrah participants. Apart from that, this collaboration is also expected to expand Takaful IKHLAS ‘market share in the travel takaful segment.
For Andalusia Travel & Tours, this collaboration can strengthen its position as a market leader in the provision of packages and umrah travel arrangements that provide comprehensive takaful coverage to its customers. Apart from that, this collaboration can also help increase the existing market of Andalusia Travel & Tours from 30,000 customers to more than 50,000 customers every year.
