Takaful Operators and Agents to Gather in KL to Advance the Development of Family Takaful Industry

Malaysia: The inaugural World Takaful Conference: Family Takaful Summit-Malaysia to be held in Kuala Lumpur on the 14th and 15th of July 2010, is set to attract leading Takaful operators and agents who will engage in discussions that will “bring family Takaful into the 2nd decade of the 21st century." This innovative and focused Summit builds on the successful 5 years of history of the World Takaful Conference, which gathers more than 350 senior executive leaders from across the world in Dubai each year.

“This is the 1st time a conference of this kind is being held where we will share and discuss takaful issues that are important to both operators and agents, thus given a wholesome view of the takaful industry and for agents, a first had opportunity to better understand the takaful business and market which will help them to expand the agency business further,” said David McLean, Managing Director of The World Takaful Conference: Family Takaful Summit Malaysia 2010.

The WTC Family Takaful Summit Malaysia will provide a unique platform that will feature a wide-range of key topics and important issues that are relevant to both Takaful agents and operators. The summit will kick start with discussions on the future outlook for the global Takaful industry: where it is today and where growth will come from; prospects and opportunities for growth in Malaysia; and realizing growth potential in the family Takaful segment.

There will also be interactive discussions on the advantages of a composite multi-channel organisation for family Takaful; product innovation in building the next generation of family Takaful solutions; Shari’ah compliance and family Takaful; and the development of ReTakaful in Malaysia and globally. Other discussions will focus on regulation & risk management issues for family Takaful; and insights into family Takaful based on the Ernst & Young World Takaful Report will also be discussed.

Pursuing these key questions will help determine which Takaful players will be best placed to take advantage of strongly increasing product demand based on consumer demographics, rising income levels and an increasing appetite for Shari'ah-compliant products. With huge untapped growth potential in the Islamic insurance industry, the 1st Annual World Takaful Conference: Family Takaful Summit, Malaysia promises to be highly influential in charting the future direction of the Family Takaful industry.

Takaful operators and agents who are interested to attend the conference are welcomed to visit http://www.megaevents.net/takaful/malaysia to know more the conference, list of topics and speakers and also to register for the conference.