The Malaysian Motor Insurance Pool (MMIP) was collectively set up in 1992 by the local insurance companies to provide motor insurance to vehicle owners who are unable to obtain insurance protection for their vehicles. Malaysian Re was then appointed as the Administration Manager for the pool.
MMIP Services Sdn. Bhd. (MSSB) (Company No.: 727804-H), a subsidiary of MNRB Holdings Berhad, was incorporated on 23 March 2006. Following its incorporation, the duties and functions of the Administration Manager were transferred from Malaysian Re to MSSB on 12 April 2006.
The duties and functions of MSSB, include inter alia, dealing with the overall administrative and financial functions of the MMIP as well as Bodily Injury claims administration.
ZAINUDIN ISHAK, Malaysian. Director effective from 1 April 2015. Currently, the President & Chief Executive Officer of Malaysian Re. An Associate member of Malaysian Insurance (AMII) since 1994. He started his career as Executive at Trust International Insurance Sdn Bhd in 1989. He joined Commerce Assurance Berhad (now CIMB Aviva Takaful Berhad) in 1994 and appointed CEO in 2006. In 2009, he then joined HSBC Amanah Takaful Berhad as Executive Director & Chief Executive Officer. He served as Chairman of Malaysian Takaful Association until early 2015. Also a Director of Malaysian Re (Dubai) Ltd. and Financial Park (Labuan) Sdn. Bhd.
NORAZMAN HASHIM, Malaysian, Director effective from 22 December 2006. Currently, the Executive Vice President & Group Chief Financial Officer of MNRB Holdings Berhad (MNRB). He obtained his Masters degree in Business Administration from the Cranfield School of Management, United Kingdom in 1990. He is also a fellow member of the Association of Chartered Certified Accountants (ACCA), United Kingdom and a member of the Malaysian Institute of Accountants (MIA). He joined the then Malaysian National Reinsurance Berhad in 1985 and was appointed as its Financial Controller and Company Secretary in 1994. He was subsequently transferred to Malaysian Re on 1 April 2005 and promoted to General Manager to head the Corporate Services Division. He was transferred to MNRB on 1 April 2008 and assumed the position as the named Company Secretary of MNRB, Malaysian Reinsurance Berhad, Sinar Seroja Berhad, Malaysian Re (Dubai) Ltd., Takaful Ikhlas Family Berhad, Takaful Ikhlas General Berhad and Sinar Seroja Berhad until 30 September 2018.