PUMA: Performance and Sport-inspired Lifestyle Products

More than just being quick, PUMA aims to achieve one thing: to be the Fastest Sports Brand in the World. As a world-renowned sports brand, PUMA has been creating, developing and designing quality sports apparel, men bags and footwear for all kinds of sports, from football to motorsport and golf, for over seven decades.

The Brand Story of PUMA

In Germany, PUMA was founded in 1919 as the “Gebrüder Dassler Schuhfabrik” (Dassler Brothers Shoe Factory). The brand pivoted its international breakthrough during Amsterdam’s 1928 Olympic Summer Games, where most German athletes wear Dassler spikes. In 1948 “PUMA” was officially registered at the German Patent and Trademark Office.

PUMA PH

PUMA Sports Apparel and Equipment

PUMA apparel is designed for both functionality and leisure — it is suitable for all sports, from football to running. You can also style it as leisurewear and go about your day in comfortable sports apparel because sport is a lifestyle. Discover a variety of sportswear for all ages at PUMA.

PUMA’s Business Philosophy

PUMA views sustainability in the same way they consider sports — it’s about figuring out and improving weaknesses to reach common goals. PUMA strives to create change through fashion and sportswear by improving social and environmental areas where they have the most significant impact, including Plastic & Oceans, Circularity, Biodiversity and more.

PUMA: Culture of Firsts

PUMA thrives on the culture of being first and delivering performance innovations to push athletes to greater heights. In 1968, the Brush Spike that featured Velcro™ on performance footwear was designed for the first time. The tiny rows of spikes on the shoes helped athletes maximise traction and minimised resistance, which worked well for athletes at the 1968 Olympic Trials.

PUMA #Reform

PUMA does not tolerate racism, bigotry, or police brutality and is committed to using its platform to push for change — this is why PUMA established #REFORM to stand up against social injustice. PUMA men bags makes an effort to amplify all Black voices within the workplace and made donations to support organisations and initiatives for the Black Lives Matter movement.

Providing Electronic Solutions to The Facultative Coinsurance Company

CAB’s Background Historical past

Created in 1995, the Central Administration Bureau (CAB) deals with centralised online-based solutions directed at eradicating reconciliation difficulties and producing stable settlements better for facultative reinsurance and coinsurance approach. In 2020, CAB recognized its 25th anniversary. Its office is located in Damansara Levels, monitored by the Malaysian Reinsurance Berhad.

CAB’s Corporate and business Structure

CAB’s Table is presided by way of a Chairman, with table members comprised of a PIAM consultant, a permanent Malaysian Re member and four supervisory board participants —managing greater than 70 local and offshore insurance policy industry stakeholders. For interior functions, the Assistant (Bureau Administrator) oversees the CAB Operation Crew. Simultaneously, a surgical procedure Head leads both the Financial System plus its Unit.

CAB’s Online-Based Programs

The insurance plan business usually operations payments based on the range object reconciliation approach, which is efforts and labour-intense. Responding to this circumstance, CABFAC and CABCO electronic online-centred systems are begun by the CAB to get rid of reconciliation concerns, quicken the arrangement of balances and statements healing for your facultative reinsurance and coinsurance industry.

How CABFAC Advantages Reinsurance

CAB’s Facultative Reinsurance Product is the first computerized online-structured system in Asia to administer facultative reinsurance purchases. The machine has four units, the underwriting module, state module, provide unit and revealing unit. In facultative reinsurance, main insurance companies purchase insurance to pay for enterprise hazards to make certain solvency and security within the experience of any activities.

Being familiar with Coinsurance

Coinsurance is a form of insurance coverage offered by a variety of insurance providers for anyone consumer or organization. Modelling the CABFAC system’s achievement, people in Persatuan Insurans Am Malaysia (PIAM) designed a digital CAB Coinsurance Process (CABCO) for productive state settlements and dealings. The CABCO system incorporates a declare module, reporting module and underwriting element.

Become a Participant, Improve your Enterprise

The CABFAC simplifies resolution for facultative reinsurance and coinsurance operations through obvious guidelines and processes, providing unlimited users with an accessibility portal. Insurance and takaful operators spend a 1-off becoming a member of fee of MYR41,465 along with a once-a-year payment of MYR 7,195 with .2Percent of levy charges, while brokerages pay MYR1,500 annually MYR50 regular monthly.

Who the Advantages of CAB Professional services?

Apply for a CAB membership to savour an online-dependent program that offers smooth features for facultative reinsurance & co-insurance plan. CAB is currently providing over 70 insurance companies & reinsurers, takaful & retakaful operators, broker agents and offshore reinsurers & broker agents, which include recognized table participants including AIG Malaysia, Kuwait Re, and Takaful Ikhlas.

Join to become a CAB Member

Over the past 25 years, Central Administration Bureau provides its people with digital online-based solutions to further improve performance in reinsurance and retakaful purchases, an alternative for substantial concerns experienced with the industry— labour-intense and time-ingesting facultative management. CAB is over pursuing to foster assurance inside the facultative reinsurance and coinsurance market through digitised professional services.