Career : Insurance Companies in Malaysia

In 1991, a failing, insolvent insurer with 56 staff called Industrial and Commercial Insurance was bought over and named Kurnia Insurans by its current owners. Today it employs over 1,800 staff, collects over rm1 billion in annual premiums, and controls over 23 percent of the Malaysian motor insurance market in terms of both gross and net premiums.

Kurnia Insurans (M) Bhd, the largest general insurer in Malaysia in terms of gross premium income, believes that where insurance is concerned, size does matter. When it comes to protecting your needs, you’ll want a company with the resources, expertise and track record to be there for you when you need it most.

Kurnia Insurans' success is founded on fair business practices, which protects the legitimate interests of its policyholders and offers its service providers lucrative and honest income opportunities. It is the reflection of its financial strength and stability that Kurnia Insurans is able to uphold its 16 years track record and crossed the “One Billion Ringgit” gross premium mark in the country and Asean. Since year 1999, Kurnia Insurans has attained the MS 9001:2000 International Quality Standard Certification.

Kurnia Insurans’ continuing business growth and unprecedented achievementwas made possible through the collaborative efforts, teamwork and commitment ofits people, agents, business partners and customers. This historical milestone is a testament to the quality of its people, the diversity of its product portfolio, the soundness of its corporate values as well as the acceptance and confidence in Kurnia as the insurer of choice from its nearly 4 million valued customers.The Kurnia Group has recently embarked on its regional expansion programme, with entry into Thailand in 2001 and into Indonesia in 2007. It aims to become a leading insurance and financial services group in the ASEAN region.




A trusted insurance brand operating in Malaysia, Indonesia and Philippines, Malaysian Assurance Alliance (MAA Assurance) remains one of Malaysia’s top-of-mind-brands when it comes to protecting your family and loved ones.

Malaysian Assurance Alliance Berhad (MAA Assurance) was incorporated in September 2, 1968 and is a subsidiary of MAA Holdings Berhad. MAA Assurance’s strength and success as a leading Malaysian-controlled company is a result of doing what it’s really good at, which is, operating a life and general insurance company, managing innovative and profitable products and actively managing investments. With a bold vision that one day, every Malaysian will be protected by an MAA Assurance insurance policy, MAA have gone about to set new standards for operating efficiency and product innovation which will deliver peace of mind for its customers. MAA core competencies are the introduction of products that help preserve, grow and protect their customer’s wealth supported with efficient, personal and reliable service.

MAA Assurance is a trusted insurance brand operating in Malaysia, Indonesia and the Philippines, and remains one of Malaysia’s top-of-mind-brands when it comes to protection and investment. The group’s principal activity, Life Insurance, has an average of 19 percent growth per year since 2002. It is one of Malaysia’s largest insurance brands, commanding a 13 percent and 5 percent share of the life insurance and general insurance markets respectively.

MAA Assurance allocates an annual budget of RM9 million for branding, advertisements and sponsorships. Its charitable involvement within Malaysia includes the establishment of 11 dialysis centres nationwide through MAA-Medicare and 8 homes for underprivileged children through The Budimas Charitable Foundation. MAA Assurance’s financial performance in 2006 included a 9% increase in Asset Growth to RM6.5 billion.