Top 10+ Best Business Insurance Companies in Malaysia

Looking for the best business insurance companies in Malaysia? We’ve compiled a list of them for you here:

Top 10+ Best Business Insurance Companies in Malaysia

1. Tokio Marine Insurans (Malaysia) Berhad
2. Allianz Malaysia Berhad
3. AXA Affin General Insurance Berhad
4. The Pacific Insurance Berhad
5. Tune Insurance Malaysia Berhad
6. Takaful Ikhlas General Berhad
7. Chubb Limited
8. Malayan Banking Berhad
9. MSIG Insurance (Malaysia) Bhd
10. AIG Malaysia Insurance Berhad
11. AIA Bhd
12. Liberty Insurance Malaysia Berhad
13. Zurich Insurance Company Ltd
14. Progressive Insurance Bhd
15. Eastern Life Assurance (Malaysia) Berhad
16. Etiqa

Check out our directory for all business insurance companies in Malaysia here! 

Tokio Marine Insurans (Malaysia) Berhad

Established in the year 1879 as the first insurance company in Japan, TOKIO MARINE has grown over the decades, now offering an extensive selection of General and Life insurance products and solutions.

Services: Marine Cargo Insurance, Engineering, Personal Lines, Life Insurance
Location: Level 20 Menara Hap Seng 3 Plaza Hap Seng, No. 1, Jalan P. Ramlee, Wilayah Persekutuan, 50250 Kuala Lumpur
Contact Number: 03-2027 8200
Email: [email protected]
Website: https://www.tokiomarine.com/

Allianz Malaysia Berhad

Allianz General is one of the leading general insurers in Malaysia and has a broad spectrum of services in motor insurance, personal lines, small to medium enterprise businesses and large industrial risks. Allianz Life offers a comprehensive range of life and health insurance as well as investment-linked products and is one of the fastest growing life insurers in Malaysia.

Services: Automotive & Travel, Home Insurance, Medical Illness, Personal Accident, Savings, Investments & Waivers, Fire & Property, Marine, Group Personal Accident and more
Location: Jalan Stesen Sentral 5, Kuala Lumpur Sentral, 50470 Kuala Lumpur
Contact Number: 1300-22-5542
Email: [email protected]
Website: https://www.allianz.com.my/

AXA Affin General Insurance Berhad

As one of the largest global insurers, our purpose is to act for human progress by protecting what matters. From businesses to homes, from mobility to health, from environment to the economy, we strive to continue setting out our societal responsibility, positively impact the community around us and progress for a better future.

Services: Medical & Health, Travel & Personal Accident, Savings & Investment, Motor & HomeLife Protection, Business Protection
Location: C-20-06, Jalan 19/1, Dataran 32, 46300 Petaling Jaya, Selangor, Malaysia
Contact Number: +603 2170 8282
Email: [email protected]
Website: https://www.axa.com.my/

The Pacific Insurance Berhad

The Pacific Insurance Berhad has its roots going back to the 1950s when it was the Malayan business arm of The Netherlands Insurance Company, then the 12th largest insurance company in the world. The Company has been writing non-life business and is known for its expertise in writing medical insurance.

Services: Fire, Golf, Bonds, Engineering, Marine, Foreign Workers, Liabilities, Miscellaneous
Location: 40-01, Q Sentral, 2A Jalan Stesen Sentral 2, Kuala Lumpur Sentral 50470 Kuala Lumpur, Malaysia.
Contact Number: 03-2633 8999
Email: [email protected]
Website: https://www.pacificinsurance.com.my/

Tune Insurance Malaysia Berhad

At Tune Protect, we believe insurance shouldn’t be complicated. Our plans are straight-to-the-point so you can choose the right plans easily. We’ve also simplified the process of getting our plans via the use of our user-friendly digital channels enabling you to get it anytime, anywhere.

Services: PRO-Health Medical, Motor Easy, Travel Easy, PA Easy, Sports+, Dental Easy, Guard Easy, Ride Easy, EasyCare PA
Location: Level 8, Wisma Tune, 19 Lorong Dungun, Damansara Heights, 50490 Kuala Lumpur, Malaysia.
Contact Number: 1800 88 5753
Email: [email protected]
Website: https://www.tuneprotect.com/

Takaful Ikhlas General Berhad

Takaful IKHLAS began carving its mark in the Takaful industry on 18 September 2002 through Takaful Ikhlas Sdn. Bhd. and its status was later converted to Berhad on 5 May 2014. Takaful IKHLAS is principally involved in the provision of Financial protection services, based on principles and rulings of Shariah. Takaful IKHLAS offers a comprehensive range of family and general takaful products.

Services: Motor, Travel, Home Solution, Personal Accident, Protection, Savings, Health, Education, IKHLAS Barakah House
Location: 9th Floor, IKHLAS Point, Tower 11A, Avenue 5, Bangsar South, No. 8, Jalan Kerinchi, 59200, Kuala Lumpur
Contact Number: 03-2723 9999
Email: [email protected]
Website: https://www.takaful-ikhlas.com.my/

Chubb Limited

Chubb is the world’s largest publicly traded property and casualty insurance company. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly.

Services: Motor Protection, Home Protection, Accident Protection, Medical Protection, Travel Protection, Construction, Energy, Financial Institutions, Healthcare, Manufacturing, Marine, Property, Technology
Location: Wisma Chubb, 38 Jalan Sultan Ismail, Kuala Lumpur, Kuala Lumpur, 50250, Malaysia
Contact Number: 03 2058 3000 / 1 800 883 226
Email: [email protected]
Website: https://www.chubb.com/my-en/

Malayan Banking Berhad

Maybank Group is the leading financial services provider in Malaysia catering to the needs of consumers, investors, entrepreneurs, non-profit organisations and corporations.

Services: Personal Accident, Car, Travel, Retirement, Education, Home Insurance, Fund Fact Sheets, Business
Location: Maybank Tower, 100, Jalan Tun Perak, Bukit Bintang, 50050 Kuala Lumpur
Contact Number: 1300 88 6688
Email: [email protected]
Website: https://www.maybank2u.com.my/maybank2u/malaysia/en/personal/insurance/insurance_landing.page

MSIG Insurance (Malaysia) Bhd

MSIG Insurance (Malaysia) Bhd is a subsidiary of Mitsui Sumitomo Insurance Company, Ltd and a member of MS&AD Insurance Group.

With operations in 42 countries, our parent company in Japan, Mitsui Sumitomo Insurance (MSI) has received sterling financial ratings from Standard & Poor’s, Moody’s Investors Service, A.M. Best Company – several of the world’s leading rating agencies. It has a worldwide total net of premium of over USD 12 billion and total assets of over USD 76 billion.

They take pride in being one of the largest general insurers in Malaysia with a nationwide network of 20 branches. MSIG has a multi-channel distribution network established in strong partnerships with agents, brokers, motor franchise, local and Japanese corporate clients as well as partnership programmes with financial institutions.

Services: Commercial Motor, Fire Add-On, Cyber Safeguard, Property Protection Package, Business Safeguard, Retail Safeguard, Marine Cargo and more
Location:  9-3 & 11-3, Block A, No.72A, Jln Profesor Diraja Ungku Aziz, Jaya One, 46200 Petaling Jaya, Selangor
Contact Number: 1-800-88-MSIG (6744)
Email: [email protected]
Website: https://www.msig.com.my/

AIG Malaysia Insurance Berhad

AIG has been serving the Malaysian community since 1953, offering innovative solutions to the changing needs of individuals and corporate clients. AIG Malaysia operates out of 15 offices nationwide and is supported by a professional network of Agents, Brokers, Schemes and have Direct capabilities to service your insurance needs at your convenience.

Services: Property, Casualty, Marine, Group Employee Benefit, Fronting and Captive Services, Foreign Workers Scheme, Finance Lines and more
Location: AIG Malaysia Insurance Berhad, Menara Worldwide, 198 Jalan Bukit Bintang, 55100 Kuala Lumpur.
Contact Number: 1800 88 8811
Email:   [email protected]
Website: https://www.aig.my/personal

AIA Bhd

AIA Bhd. is a leading insurer in Malaysia, where they have been privileged to do business since 1948. They offer a suite of financial solutions including Protection, Health, Personal Accident, Employee Benefits, General Insurance, Mortgage, Retirement and Family Takaful products to meet their customers’ protection and financial security needs at every life stage. Through their wide and diverse distribution footprint which comprises a 15,000 strong Life Planner force, their exclusive bank partner’s branches nationwide as well as corporate sales teams and brokers, they give their customers the choice of deciding how, when and where they connect with us.

Services: Life Protection, Motor Insurance, Savings and Investments, Online Products, Employee Benefits, Commercial Insurance and more
Location: Menara AIA, 99 Jalan Ampang, 50450, Kuala Lumpur
Contact Number: 1300-88-1899
Email: NA
Website: https://www.aia.com.my/en/index.html

Liberty Insurance Malaysia Berhad

At Liberty Insurance, they maintain the strong belief that progress happens when people feel secure. They stand committed to support our customers and their people on a daily basis, so they may ensure the safety of their family, build their business and invest in their future. They promise protection for those unexpected moments, delivered with care. With over 43 years of experience in providing comprehensive insurance solutions to Malaysia, Liberty Insurance is a name you can truly depend on. They place customer experience at the center of their priorities and they constantly strive to give you the strength to embrace the challenges of today, whilst confidently pursuing tomorrow.

Services: Motor Insurance, BizCare, SKHPPA, Liberty Premier Fire Con-Loss, Workmen’s Compensation and more
Location: 28, Jln Raja Laut, Chow Kit, 50350 Kuala Lumpur, Federal Territory of Kuala Lumpur
Contact Number: 03-2619 9000
Email: [email protected]
Website: https://www.libertyinsurance.com.my/

Zurich Insurance Company Ltd

Zurich is uniquely positioned in Malaysia where they offer a wide range of Insurance and Takaful solutions – covering conventional products of Life Insurance and General Insurance as well as Shariah-compliant products of Family Takaful and General Takaful under one single brand.

Services: Employee Benefits, Employee Safety, Foreign Workers, Engineering, Marine, Property, Miscellaneous, Zurich SME Business and more
Location: Level 23A, Mercu 3, No. 3, Jalan Bangsar, KL Eco City, 59200 Kuala Lumpur, Malaysia
Contact Number:  1-300-888-622
Email: [email protected]
Website: https://www.zurich.com.my/en

Progressive Insurance Bhd

Progressive Insurance Bhd is an established general insurance company in Malaysia, which was initially incorporated as Sri Bumi Sdn Bhd on 8 June 1974 based in Sarawak.

They subsequently rebranded and renamed as Progressive Insurance Sdn Bhd on 7 December 1975, and expanded their business operations nationwide, including Peninsular Malaysia, Sabah and Sarawak. Progressive Insurance Sdn Bhd relocated headquarters strategically to Kuala Lumpur in 1982, to serve their clients more effectively.

Services: Progressive SMARTMediflex, Householder Insurance, Motor Insurance, Machinery Breakdown, Erection All Risk and more
Location: 6th, 9th & 10th Floor, Menara Cosway Plaza Berjaya, No.12, Jalan Imbi, 55100 Kuala Lumpur
Contact Number: +603-2118 8000
Email: [email protected]
Website: https://www.progressiveinsurance.com.my/

Eastern Life Assurance (Malaysia) Berhad

Great Eastern Life began its operations in 1908 as a branch office of The Great Eastern Life Assurance Company Limited. The Malaysian operations were subsequently transferred to a locally incorporated public company, GELM under the Scheme of Transfer of Business. The Company was certified by The Malaysia Book of Records in 1998 as “The Oldest and Largest Life Insurer” in Malaysia. With more than a century of experience and solid financial foundation, GELM has RM87.3 billion in assets, over 3.0 million policies in force, and a network of 19,000 agents nationwide as at 31 December 2019.

Services: Marine Cargo, SMI Protector, Easi Health-SME, Condo Insurance, Great BizCare Tailor Made Employee Benefits and more
Location: Wealth Accumulation, Travel Insurance, Motor Insurance, Life Insurance and more
Contact Number: 1300-1300 88
Email: [email protected]
Website: https://www.greateasternlife.com/my/en/index.html

Etiqa

Etiqa’s history began in 2005 when Maybank Ageas (formerly known as Mayban Ageas), Maybank’s insurance and takaful arm consisting of Mayban General Assurance, Mayban Life Assurance and Mayban Takaful merged with Malaysia National Insurance Berhad, Malaysia’s largest national insurer and its subsidiary, Takaful Nasional Sdn Bhd, Malaysia’s premier Takaful provider. Two years following the merger, in 2007, the name Etiqa was born.

Services: Travel, Savings, Motorcycle, Investments, Education, Risk Advice and Protect, Group Medical, Public Servants and more
Location: Ground Floor, Tower B,Dataran Maybank, No. 1 Jalan Maarof,59000 Kuala Lumpur
Contact Number: 1-300-13-8888
Email: [email protected]
Website: https://www.etiqa.com.my/v2/homepage

Bottom Line

There you have it, over 10+ business insurance companies for you to choose from.

Did we miss anything? Let us know in the comments below!

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