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BNM Digital Insurers and Takaful Operator (DITO) Licensing

To increase digitalisation and dynamism of the Malaysian insurance and takaful landscape, Bank Negara Malaysia (BNM) launched the license for digital insurers and takaful operators (DITOs).

These licenses are granted to digital companies with meaningful value proposition, innovative business models, and clear and comprehensive business plan in which the activity is regulated under DITO regulatory framework.

It is essential for a company seeking for DITO license to perform various preparation work as required by BNM.​

Our approach is to split the work into two phases; during application phase and during foundational phase. The scope of work in each phase shall be in line with BNM’s requirements based on our experience.

We have a large team of actuarial professionals who understands and has extensive experience with BNM applications for various digital companies.

Actomate is a leading actuarial firm in Asia.

Our company is the first & only actuarial firm awarded MD Digital Malaysia status by the Malaysian Government.

We received Quality Assurance Scheme (QAS) accreditation from IFoA for our high work quality.

Discuss with our team to fully understand our solution

​We can finetune our scope of work to suit your exact needs and requirements.

Enter into a Contractual Agreement to engage Actomate.

​For more information on the licensing and regulatory framework for DITO, click HERE.

For more information on what we can do, click HERE.

The Opportunity

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Actomate
have the resources,
expertise, & experience to support the
initiative.

Our Approach

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Phase I: Facilitate for formal application DITO licensing

Phase II: Outsourced actuarial function

Why Choose Us?

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Our approach is simple, end-to-end and
cost effective.

Next Step

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For any enquiries, contact: 

Nadia Suharto ASA
Country Lead, Indonesia
+60111-648-6132
nadia.suharto@actomate.ai

Copyright @ Actomate 2025. All rights reserved.

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