TOP 10 GENERAL INSURANCE IN MALAYSIA

TOP 10 GENERAL INSURANCE

Kurnia Insurans (Malaysia) Berhad

Kurnia Insurans has grown to become one of the leading general insurers in the country and region. A part from having a well-recognised brand, a solid foot holdin the motor insurance sector and gross premiums exceeding the RM1 billionmark, Kurnia Insurans also features an impressive network which consists of a workforce of 1,200 employees and 30 branches across Malaysia. The company also runs operations in neighbouring Thailand and Indonesia.

Allianz General Insurance Company (Malaysia)

Berhad Allianz General Insurance Company (Malaysia) Berhad (“Allianz General”) is the leading general insurer in Malaysia and has a broad spectrum of services in personal lines; small to medium enterprise business and large industrial risks. Allianz General recorded RM852.5million in GWP for the first six months of 2012. This is an increase by 14.2% as compared to RM746.7 million in 2011.

Etiqa Insurance Berhad

Etiqa Insurance Berhad was the result of the merger between Malaysia National Insurance (MNI) Berhad and Takaful Nasional Sdn Berhad.Functioning as the insurance and Takaful arm of Maybank Group. Etiqa Insurance Berhad today is the longest Takaful operator in Malaysia with a 2,000-strong employee force and is a true multi-channel distributor of insurance and Takaful products via its 23,000 agency force, 30 Insurance and Takaful branches, more than 450 Maybank branches, ATMs andother third-party banks, providing full accessibility and total convenience to customers

MSIG Insurance (Malaysia) Berhad

MSIG, a member of MS&AD Insurance Group is a subsidiary of Mitsui Sumitomo Insurance Group.MSIG has become one of the largest general insurers in Malaysia with a nationwide network of 20 branches. It has a multi-channel distribution network established in partnerships with agents,brokers, motor franchise, local and Japanese corporate clients as well as partnership programmes with financial institutions.

Chartis Malaysia Insurance Berhad

Chartis Malaysia Insurance Berhad’s presence in Malaysia can be traced back to the 1920 in Kuala Lumpur and it became a locally incorporated Malaysian insurance company in 2008. Today, the company provides its services to businesses and individuals via its 16 offices nationwide making use of a network of more than 3,000 professional agents, brokers and staff. It is part of the Chartis Group, one of the world’s leading general insurers that serves more than 70 million clients worldwide and has one of the industry’s most extensive range of products and services, deep claims expertise and excellent financial strength.

Berjaya Sompo Insurance

Berhad Berjaya Sompo Insurance Berhad,previously known as Berjaya General Insurance Berhad, beganits operations in Malaysia in 1974. It became known as Berjaya Sompo Insurance Berhad after Sompo Japan Insurance Inc – Japan’ssecond largest insurance company– purchased a 30% equity stake inthe company from Berjaya Capital Berhad. Sompo Japan Insurance Inc has 41 offices and subsidiaries in 27 countries. Currently, Berjaya Sompo has a network of 22 offices in Malaysia providing a wealth of experience and expertise to policyholders.

Uni.Asia General Insurance Berhad

Uni.Asia General Insurance Berhad was the brainchild of a strategic partnership between DRB-HICOM Berhad and United Overseas Bank Group. DRB-HICOM is one of the largest integrated groups in Malaysia and has contributed significantly to the region’s industrialisation.The United Overseas Bank (UOB) Group was founded in 1935 and United Overseas Bank (Malaysia)Berhad was incorporated in 1993.It is a subsidiary of United Overseas Bank Limited (UOB), a leading bankin Singapore with an international network comprising 385 offices in18 countries and territories in Asia Pacific, Western Europe and North America. It is their mission to see Uni.Asia General grow into a leading force in the general insurance industry.

AmG Insurance Berhad

Formerly part of the composite insurance (life and general) operation of AmBank Group, AmG Insurance Berhad is a general insurer which carries the Am Assurance brand. It leverages on an extensive distribution network which consists of the AmBank Group’s 190 bank branches, 19 AmAssurance branches plus 2,900 agents who provide the services forthe insurer’s one million policy holders.

MCIS Zurich Insurance Berhad

The merger between MCIS Insurance and Zurich Malaysia a decade ago culminated in a strategic and synergic amal gamation that is complemented by decades of local knowledge and strong global links. Currently, MCIS Zurich boasts a total of 400,000 policy holders in the country and has assets in excess of RM3 billion with a solid record for good corporate governance.

AXA Affin General Insurance Berhad

Born of a joint venture between AXA Group and Affin Holdings Berhad – the former being a long-serving leader in the local finance services industry – AXA Affin General Insurance Berhad has earned its keep as one of Malaysia’s most profitable insurance providers. The company employs 3,000 agents and 700 employees, spread across 21 branches nationwide to serve its 300,000 policy holders. It also provides services in formulating comprehensive plans specially designed for SME businesses as well as providing insurance services in specialist fields such as Marine and Trade Credit Insurance.