Anora partners OpenSys to provide insurance solutions on buySolar platform
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Anora Agency Sdn Bhd (Anora) signed an agreement with OpenSys Technologies Sdn Bhd, a subsidiary of OpenSys (M) Berhad (OpenSys) today to become the first insurance solutions provider on OpenSys’ buySolar platform.
Launched in February this year, buySolar is Malaysia’s first one-stop online marketplace, offering end-to-end solar installation services from online application, cost estimation, financing to after-sales services. With this partnership, Anora will offer its specially-designed insurance product, SolarPro, on the platform.
"With the increasing vibrancy of the solar PV landscape in Malaysia and the accelerated digitisation of today, Anora is now able to offer PV owners easy access to the protection they need for their solar investments via the buySolar platform," said Samuel Soon, Chief Executive Officer of Anora.
Underwritten by Allianz General Insurance Company (Malaysia) Berhad (Allianz General), SolarPro is specifically created for home, commercial and industrial solar photovoltaic (PV) system owners in mind.
“As insurers, we are in the perfect position to fill the protection gap in the solar PV ecosystem and support the adoption of sustainable energy in Malaysia. In teaming up with Anora to offer SolarPro, we are able to address a very important concern of residential and commercial solar PV users – which is protection. So buySolar users now can feel secure knowing that their venture into renewable energy is well protected,” said Zakri Khir, Chief Executive Officer of Allianz Malaysia Berhad as well as Allianz General.
Developed in collaboration with Sustainable Energy Development Authority Malaysia (SEDA Malaysia) and the Malaysia Photovoltaic Industry Association (MPIA), SolarPro offers comprehensive protection which covers loss or damage to the solar PV system due to any malicious damage, theft or lightning, as well as damage from aircraft, aerial devices or articles dropped, fire, explosion, earthquake and other natural disasters, flood, landslides, burst water pipes and overflowing water tanks, and more.
Furthermore, SolarPro also compensates the insured for income or savings lost during system downtime, a benefit exclusively offered by Anora.
The buySolar platform connects residential or commercial solar PV users with the relevant solar energy stakeholders through thoughtful touchpoints. Besides providing a seamless and smooth experience, bySolar also aims to empower its users to make personalised decisions on the type of solar products, coupled with the most suitable financing options and with Anora in the fold, much-needed insurance protection.
Luke Sebastian, Chief Operating Officer of OpenSys Technologies said, “It is very apt for us to welcome Allianz General via Anora Agency as the first insurance provider on-board buySolar, because it aligns with buySolar’s pillars of customer experience, namely wide selection and on-demand convenience. With every partner and service provider signed on our dedicated buySolar platform, we know we are a step closer to developing a pool of renewable energy initiators in Malaysia, spearheading a virtuous cycle that will continue to drive adoption of solar PV for homes and businesses.”
To more information about Anora Agency’s products and services, visit anoraagency.com. To learn more about buySolar, visit buysolar.my.