Dear Valued Broker
IUM would like to take this opportunity to thank you for your continued support. We trust that we have lived up to our promise of delivering value through exceptional service and competitive product offerings.
IUM conducts annual actuarial analysis of premium rates structures in relation to risk exposure. We have applied careful analysis and considerations to each individual exposure which allows us to improve our service delivery as a whole. With this in mind, we would like to bring your attention to the monthly increase in Third-Party Motor Liability premiums effective 1 April 2019 as per the rating table below: