Improving the handling of NCD using ISM to achieve operational efficiency / Muhammad Hafiz Fazlil

ISM was conceptualized in 1998 by the General Insurance Association of Malaysia (PIAM) as the Malaysian Insurance Rating Organization (MIRO) project. The objective of MIRO was to put in place databases to support pricing and reserving in a liberalized pricing environment. The project took shape in 2...

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Main Author: Fazlil, Muhammad Hafiz
Format: Student Project
Language:English
Published: Faculty of Business and Management, Universiti Teknologi MARA 2010
Subjects:
Online Access:http://ir.uitm.edu.my/id/eprint/25627/
http://ir.uitm.edu.my/id/eprint/25627/1/PPb_MUHAMMAD%20HAFIZ%20%20FAZLIL%20BM%20M%2010_5.pdf
id uitm-25627
recordtype eprints
spelling uitm-256272019-12-06T02:47:01Z http://ir.uitm.edu.my/id/eprint/25627/ Improving the handling of NCD using ISM to achieve operational efficiency / Muhammad Hafiz Fazlil Fazlil, Muhammad Hafiz Insurance Insurance business. Insurance management ISM was conceptualized in 1998 by the General Insurance Association of Malaysia (PIAM) as the Malaysian Insurance Rating Organization (MIRO) project. The objective of MIRO was to put in place databases to support pricing and reserving in a liberalized pricing environment. The project took shape in 2000 when PIAM established the MIRO department and employed an actuarial manager to coordinate the project. In July of 2003, the PIAM management committee decided to merge the MIRO and MIS departments to become the ISM department. The scope for the project was also expanded to include anti-fraud and Information Technology related services. Takaful operators began to participate and contribute data to ISM in 2003. This was followed by life companies in 2004. The PIAM management committee recognized the need to create a separate entity to enable ISM to carry out its role more effectively and also formally involve the Takaful and life insurance industry. On the 18th of February 2005, ISM was incorporated as a company limited by guarantee with 35 insurers and 4 Takaful operators as members. ISM commenced operations on 1 April 2005. Faculty of Business and Management, Universiti Teknologi MARA 2010 Student Project NonPeerReviewed text en http://ir.uitm.edu.my/id/eprint/25627/1/PPb_MUHAMMAD%20HAFIZ%20%20FAZLIL%20BM%20M%2010_5.pdf Fazlil, Muhammad Hafiz (2010) Improving the handling of NCD using ISM to achieve operational efficiency / Muhammad Hafiz Fazlil. [Student Project] (Unpublished)
repository_type Digital Repository
institution_category Local University
institution Universiti Teknologi MARA
building UiTM Institutional Repository
collection Online Access
language English
topic Insurance
Insurance business. Insurance management
spellingShingle Insurance
Insurance business. Insurance management
Fazlil, Muhammad Hafiz
Improving the handling of NCD using ISM to achieve operational efficiency / Muhammad Hafiz Fazlil
description ISM was conceptualized in 1998 by the General Insurance Association of Malaysia (PIAM) as the Malaysian Insurance Rating Organization (MIRO) project. The objective of MIRO was to put in place databases to support pricing and reserving in a liberalized pricing environment. The project took shape in 2000 when PIAM established the MIRO department and employed an actuarial manager to coordinate the project. In July of 2003, the PIAM management committee decided to merge the MIRO and MIS departments to become the ISM department. The scope for the project was also expanded to include anti-fraud and Information Technology related services. Takaful operators began to participate and contribute data to ISM in 2003. This was followed by life companies in 2004. The PIAM management committee recognized the need to create a separate entity to enable ISM to carry out its role more effectively and also formally involve the Takaful and life insurance industry. On the 18th of February 2005, ISM was incorporated as a company limited by guarantee with 35 insurers and 4 Takaful operators as members. ISM commenced operations on 1 April 2005.
format Student Project
author Fazlil, Muhammad Hafiz
author_facet Fazlil, Muhammad Hafiz
author_sort Fazlil, Muhammad Hafiz
title Improving the handling of NCD using ISM to achieve operational efficiency / Muhammad Hafiz Fazlil
title_short Improving the handling of NCD using ISM to achieve operational efficiency / Muhammad Hafiz Fazlil
title_full Improving the handling of NCD using ISM to achieve operational efficiency / Muhammad Hafiz Fazlil
title_fullStr Improving the handling of NCD using ISM to achieve operational efficiency / Muhammad Hafiz Fazlil
title_full_unstemmed Improving the handling of NCD using ISM to achieve operational efficiency / Muhammad Hafiz Fazlil
title_sort improving the handling of ncd using ism to achieve operational efficiency / muhammad hafiz fazlil
publisher Faculty of Business and Management, Universiti Teknologi MARA
publishDate 2010
url http://ir.uitm.edu.my/id/eprint/25627/
http://ir.uitm.edu.my/id/eprint/25627/1/PPb_MUHAMMAD%20HAFIZ%20%20FAZLIL%20BM%20M%2010_5.pdf
first_indexed 2023-09-18T23:15:07Z
last_indexed 2023-09-18T23:15:07Z
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