Tag: Hap Seng

AXA And Hap Seng Launch Malaysia’s First Telematics Commercial Vehicle Insurance & Financing

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AXA AFFIN General Insurance Berhad (AXA) continues to expand its Payer-to-Partner strategy through its strategic partnership with Hap Seng Trucks Distribution Sdn. Bhd. (HSTD) and Hap Seng Credit Sdn. Bhd. (HSC).

This collaborative initiative aims to introduce AXA FlexiTruck, the first telematics commercial vehicle insurance in Malaysia to inculcate safe driving behaviour among FUSO light commercial vehicle truck drivers and help them understand their driving habits better through the installation of telematics security device.

Emmanuel Nivet, CEO of AXA, said, “As commercial vehicle transportation continues to grow in Malaysia, crash rates involving commercial vehicles remain high. It is important for us, as an insurer, to promote inclusivity and responsible driving behaviour to all road users, including light commercial vehicle driversto mitigate the high accident and road fatality rate. Together with our partner Hap Seng Trucks Distribution, we are committed to deliver our shared goal of providing added value and protection to our customers, at the same time making our roads better and safer for all.”

Following the positive impact of AXA FlexiDrive telematics motor insurance, AXA FlexiTruck is underwritten by AXA to offer comprehensive protection to light commercial vehicle drivers with benefits including special motor insurance pricing, low claim excess of RM 500 per claim and Personal Accident coverage worth RM 50,000.

Through collective efforts with HSTD, AXA FlexiTruck will be promoted at HSTD FUSO dealership network branches and HSC offices nationwide, with all Mitsubishi Fuso Canter trucks sold to be fitted with a telematics device that provides the following capabilities:

(i) Vehicle telematics service: Truck drivers are able to access useful data on their vehicle usage, mileage and driving behaviour through mobile app on a trip-by-trip basis.

(ii) Automatic accident alert & assistance: In the event of accident, an alert will be automatically triggered with emergency medical assistance dispatched to the crash location.

(iii) 24/7 vehicle security & theft recovery: Truck drivers will receive real-time alert in case of theft and police will be alerted to help recover the stolen vehicle.

In addition, AXA FlexiTruck will be financed by HSC under FUSO Ez-Own, also the first telematics financing programme in Malaysia. Purchaser of FUSO truck only needs to pay RM 100 down payment for vehicle hire purchase loan which includes 5 years of motor insurance premium. Unused motor insurance premium, if any, will be refunded to purchaser at the end of the loan tenure.

Roland Schneider, Chief Executive of HSTD, attested that the financing scheme is aimed at offering a simple and affordable protection solution to FUSO truck drivers.

“Truck drivers in Malaysia are among the most trained and highly skilled, but they are under protected due to lack of awareness and accessibility to affordable protection solutions. Our collaboration with AXA ties back to our mission to leverage on innovative product offerings to address the drivers’ needs, while giving them peace of mind on the road,” Roland said.

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Mercedes-Benz Zetros Awesome Truck

The Zetros is probably not the first model that comes to mind when thinking about the Mercedes-Benz truck range in Malaysia.

Flying under the radar somewhat, despite its versatility, the Zetros could be a vehicle you see more of in coming years in Malaysia as the mining and plantation boom hits harder in the outskirts.

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Outstanding traction, supremely mobile, tough in the taking: Zetros, the off-road specialist for extreme terrain, is the solution for the future when coping with exceedingly difficult conditions way off sealed roads. Decades of off-road know-how and innovative technology combine to produce this modern truck concept for carrying out extreme operations and it impressively continues the legendary tradition of conventional trucks.

Whether custom-built solutions are needed for disaster intervention, fire departement, municipal work, agricultural use, the energy or contruction sectors, the Zetros is ready and waiting.

The Zetros is available as a 4×4 or 6×6 and runs a 7.2-litre six-cylinder with 330hp/1300Nm, with low range gearing and front and rear locking diffs.

Daimler auf der Bauma 2016

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Hap Seng Takes-Over Mercedes Commercial Vehicles Distribution

The Malaysian logistics and commercial vehicle industry gets a shake-up with the recent announcement that Hap Seng Trucks Distribution Sdn. Bhd. has completed the take-over of the commercial vehicle general distribution business from Mercedes-Benz Malaysia. This marks the beginning of Hap Seng Trucks Distribution being the exclusive general distributor of Mercedes-Benz Trucks, Mercedes-Benz Vans and FUSO Trucks in Malaysia, which includes handling the import, assembly, wholesale distribution and aftersales services of Mercedes-Benz and FUSO commercial vehicles.

The “office-opening” ceremony of Hap Seng Trucks Distribution was held at its new office housed in Wisma Mercedes-Benz at Kinrara, Puchong (designed, built, managed and owned by the Hap Seng group) to commemorate this momentous milestone.

Hap Seng Trucks Distribution is helmed by Mr. Roland Schneider, a German, whose 28-years illustrious career with the Daimler group has been punctuated by notable distinctions.

“We are truly grateful for this very honour and opportunity to be appointed the exclusive general distributor of Mercedes-Benz and Fuso commercial vehicles in Malaysia. I steadfastly believe that Hap Seng Trucks Distribution is well-poised to fly more Mercedes-Benz and Fuso flags on the roads and highways in Malaysia in time to come. This is a collective mission to be made possible with the collaborative efforts of all stakeholders – our esteemed principal and dealer network, as well as our unflagging commitment to support our dealers and to open new frontiers in the commercial trucks business,” said Mr Roland.

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Mr. Antonio Randazzo, Vice President of Daimler Commercial Vehicles South East Asia said: “Leveraging on the prominent brand presence of Mercedes-Benz and FUSO, as well as the proven track record and reputation of Hap Seng, we are confident that Hap Seng Trucks Distribution is on their way to bring the commercial vehicle business in Malaysia to a whole new level”.

Hap Seng Trucks Distribution Sdn. Bhd. is a wholly owned subsidiary of Hap Seng Consolidated Berhad, a public listed company on the Main Market of Bursa Malaysia Securities Berhad with a market capitalization of approximately RM23 billion. It is a diversified group with six core businesses – plantations, property investment and development, credit financing, automotive, fertilizers trading and building materials.

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