AXA Affin telematics insurance launches in Malaysia
AXA Affin has introduced Malaysia's first telematics motor insurance, AXA FlexiDrive. The service helps drivers gain insights into their driving behaviour through a mobile app and tracking device installed in an insured vehicle. Safer drivers will then be rewarded with up to 20% off their premiums on renewal of their insurance policy. The company stressed that drivers who do not drive so well will not be penalised by higher premiums.

KUALA LUMPUR: AXA Affin General Insurance Bhd has become the first insurance company to take advantage of the detariffed auto insurance environment by launching its AXA FlexiDrive, Malaysia’s first telematics-based motor insurance.

The technology would help drivers better understand their driving behaviour through the installation of a special tracking device and the use of the AXA FlexiDrive mobile app in an insured vehicle.