ING Offers "Anti-Theft Injury" Handbag Insurance

[jeffrey]

A Malaysian feminine accessories company is offering a so-called "anti-theft injury" handbag - and free insurance to back up their claims that their product will prevent serious purse-snatching injuries.

Hoping to cater to women concerned by soaring snatch thefts in Malaysia, the Giossardi handbag is designed to break free from both ends of its strap on being yanked hard.

This will prevent victims from being dragged by the thief holding the bag, and falling to the ground, Syed Razlan Jamaluddin, the executive chairman of Miroza's parent company MESB Bhd., told reporters.

The more than more than 50,000 ringgit ($13,400) in insurance coverage would be provided by ING Insurance Bhd., the local arm of Dutch conglomerate ING, on the "Giossardi" line of bags made by Miroza Leather, a Malaysian apparel, bags and shoes company, officials said Wednesday... Entire Article