Liberty General Insurance Berhad and Universiti Kuala Lumpur team up to create future leaders in the industry

Kuala Lumpur, 6 November 2023 – Liberty General Insurance Berhad (Liberty) and Universiti Kuala Lumpur (UniKL) have embarked on a collaborative journey to carve a brighter future for UniKL students. This strategic collaboration, formed in the spirit of fostering education and youth development, represents a significant step towards equipping the next generation with the knowledge, skills, and opportunities they need to thrive in the dynamic landscape of Malaysia’s insurance industry.

Representing Liberty at the ceremony was its Chief Executive Officer, Mr. Puneet Pasricha (Pasha); while UniKL was represented by Prof. Dr. Naziruddin Abdullah, Dean of Business School.

Speaking of the collaboration, Pasha said, “We at Liberty are thrilled to embark on this transformative journey with UniKL as a significant part of our Environmental, Social and Governance (ESG) initiatives. Our commitment to nurturing the talents of tomorrow runs deep in our corporate DNA, and this is a testament to that commitment. More than just merely providing insurance; we see it as our responsibility to build a brighter, more prosperous Malaysia.”

Pasha further added, “By investing in the future of UniKL students, we are not only enriching their lives but also strengthening the very fabric of this nation. This collaboration, therefore, is not just about educational initiatives; it’s about igniting the flames of entrepreneurship, instilling practical skills, and preparing students to become the leaders of tomorrow’s insurance industry.”

Echoing his sentiments, Prof. Dr. Naziruddin Abdullah said, “Today marks the start of an exciting journey for UniKL and our students. With the support of Liberty General Insurance Berhad, our students will gain invaluable insight and unrivaled industry exposure. This aligns with our mission to empower future leaders who will shape the destiny of Malaysia. Together with Liberty, we envision a future where our students not only excel academically but also thrive in the dynamic world of insurance and entrepreneurship.”

Liberty, a prominent player in the global insurance arena, emphasises its commitment to giving back to Malaysian communities and nurturing young talent. Meanwhile, UniKL is a multi-campus technical university, with a rich history and enrolment of over 24,000 students in a diverse array of programs.

This joint effort is a transformative journey for UniKL students, especially for those in business-related and technical disciplines. Through this collaboration, Liberty and UniKL will provide a myriad of educational and career opportunities, reinforcing UniKL’s position as a hub for innovation and growth.

From left to right: ● Mr. Ang Teck Boh, Senior Vice President (Partnership) of Liberty General Insurance Berhad ● Mr. Prakash Sankey, Senior Vice President (Alternative Distribution) of Liberty General Insurance Berhad ● Ms. Grace Quah, Chief Distribution Officer of Liberty General Insurance Berhad ● Prof. Dr. Naziruddin Abdullah, Dean of Business School of UniKL ● Mr. Puneet Pasricha, Chief Executive Officer of Liberty General Insurance Berhad ● Mr. Asmawi Ab. Rahman, Manager of Industrial linkages of UniKL

Key initiatives includes:

Educational Initiatives: Liberty will host career talks and training, offering UniKL students insights into Malaysia’s insurance industry and its career prospects.

An Entrepreneurial Development Program: This program will train the next generation of insurance professionals, guiding entrepreneurs and introducing them to collision repairs in Malaysia, in accordance with guidelines by the General Insurance Association of Malaysia (PIAM).

Practical Experience: Liberty will open its doors to UniKL students, offering internship and attachment opportunities in various business-related and technical disciplines at Liberty’s offices and affiliated workshops. These real-world experiences will empower students with practical skills and industry knowledge.

UniKL Incubator: To set up an Incubator within UniKL where it will be managed by the students to not only sell items like stationeries and groceries but also Motor and Non-Motor policies. Through this initiative, Liberty aims to offer product training and establish new agent codes within the students.

Carefully designed from the ground up following close deliberations between Liberty and UniKL, this collaboration is not just about enriching the educational experience of UniKL students, it’s also about shaping the leaders of tomorrow. By bridging the gap between academia and industry, Liberty and UniKL are committed to fostering a new generation of professionals who will contribute significantly to Malaysia’s growth and prosperity.

This collaboration marks the beginning of an exciting journey that holds the promise of transformation, growth, and prosperity for UniKL students. Liberty and UniKL are determined to make a lasting impact on the educational and career prospects of Malaysia’s youth, creating a brighter and more secure future for all.

To find out more about Liberty General Insurance, visit www.libertyinsurance.com.my.

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