One of the initiatives of VTREC following the National Seminar in 2005, it conducted in July 2011 was the setting up of the National Register for Stolen/Total Loss and Beyond Economic Repair (BER) Vehicles. The objective of this Register is to block the fraudulent ‘rebirthing’ of reported stolen vehicles and vehicles that had been declared Total Loss and ensure compliance of market regulation in the treatment of BER vehicles. Following discussions with Insurance Services Malaysia Berhad (ISM) the Register had evolved into Motor Anti-Fraud Register.
This online database will provide Insurances Companies and Takaful Operators the facility to ‘block’ the issuance of motor insurance coverage at point-of-sale for vehicles that had been reported stolen or declared as ‘Total Loss’. The Register will also be made available to the public in the event that the public wishes to check the status of a vehicle whether or not it has any record of having been declared ‘Total Loss’ or reported stolen.
