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Zurich Life Insurance Malaysia Berhad joint-venture with ShopeePay Malaysia as digital distribution platform partner

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(From left) Mr. Sim, Insurance Business Lead, Monee MY; Mr. Yang Yang, Head of Insurance, Monee; Mr. Alain Yee, Head of ShopeePay Malaysia; Mr. Junior Cho, CEO of Zurich Malaysia; Ms. Pauline Teoh, CEO of ZurichLife Insurance Malaysia Berhad; Pn. Fatihah, CEO of Zurich Takaful Malaysia Berhad together at the official rollout of ShopeePay’s partnership with Zurich Life Insurance Malaysia Berhad (ZLIMB), making it the first digital distribution platform partner.

7 October 2026, Kuala Lumpur ShopeePay Malaysia is partnering with Zurich Life Insurance Malaysia Berhad in a continued effort to simplify access to essential financial solutions. This expanded alliance is built upon ShopeePay’s existing partnership with Zurich General Insurance Malaysia Berhad and Zurich General Takaful Malaysia Berhad, while extending its digital distribution partnership to ZLIMB for the first time.

Officiated today, the partnership ceremony “Everyday Protection, Made For All” also saw the launch of Zurich Savings & Protection Plan on the ShopeePay app. This plan enables users to build their savings while getting an added layer of protection, enjoy regular guaranteed cash payouts and benefit from flexible early cash-out options.

Speaking at the ceremony, Alain Yee, Head of ShopeePay Malaysia, said, “While general insurance and general takaful provided vital protections and safety nets, the inclusion of ZLIMB plans on ShopeePay takes accessibility a step further with a more proactive approach. By lowering the barriers to entry, we are making it easier for more Malaysians to take meaningful steps towards strengthening their financial future.”

“We look forward to strengthening our partnership with ZLIMB while expanding our range of protection offerings with Zurich Takaful Malaysia Berhad in the coming year. Together, we aim to make quality protection more affordable, understandable, and accessible to the communities that need it most.”

In his remarks, Junior Cho, Country CEO of Zurich Malaysia, highlighted,“Malaysia’s protection gap has always been about access. To close it, we must meet Malaysians in the places they already are, rather than expecting them to come to us. Powered by our Zurich Edge proposition, today’s launch of the Zurich Savings & Protection Plan on Shopee and ShopeePay apps gives Malaysians a simpler way to not only protect their future but also build it, all within a digital ecosystem they already know and trust. This builds on the earlier introduction of Zurich Critical Illness insurance, which protects against serious health events. Users now have more options to both safeguard and grow their financial future.”

“Next year, we will extend that same simplicity to family takaful, giving more Malaysians the choice of Syariah-compliant protection, and helping them be ready for every change life brings. We look forward to working with ShopeePay Malaysia to achieve new milestones and create a brighter future for more Malaysians, together.”

Zurich Savings & Protection Plan

Starting from just RM500, Shopee and ShopeePay users can now enjoy Zurich Savings & Protection Plan – a simple 2-year solution that combines savings growth with life protection. This is just the beginning; stay tuned, as we will soon be lowering the entry premium to only RM100, making it even easier for more Malaysians to get started.

Key features:

  • Guaranteed cash back every 6 months
  • Life and disability protection: your loved ones receive 105% of the premium paid
  • 100% principal protection at maturity after 2 years
  • Single-premium plan with flexible early cash-out options

Users can purchase the plan via the ShopeePay app by selecting “Insurance” on the homepage, followed by “Endowment”.

For more information, please visit HERE

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