qbe insurance (malaysia) berhad

Name

qbe insurance (malaysia) berhad

Legal name

QBE Insurance (Malaysia) Berhad

Website

https://qbe.com.my

Company type

Private

Founded year

1987

Operating status

Operating

Ownership category

akta.pro rank

Product category

General Insurance

NAICS

Direct Property and Casualty Insurance Carriers (524126), Insurance Carriers and Related Activities (524)

SIC

Fire, Marine & Casualty Insurance (6331)

akta.pro primary industry

Commercial General Liability (CGL) (FSAJADAA)

akta.pro secondary industries

Commercial Auto & Fleet Insurance (FSAJAMAB), Professional Umbrella / Excess (E&O/D&O Wrap) (FSAJANAH)

Keywords

• General insurance products
• Commercial insurance coverage
• Personal insurance policies
• Motor insurance services
• Business insurance solutions

Headquarters

HQ city

Kuala Lumpur

HQ country

Malaysia

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

1. Insurance Premiums - Commercial Lines: Revenue generated from commercial insurance policies including Construction & Engineering, Commercial Property, Marine, Professional Liability, Workmen's Compensation, Commercial Motor, General Accident, General Liability, Multinational Insurance, and SME Insurance.
2. Insurance Premiums - Personal Lines: Revenue from personal insurance products including Health and Medical, Personal Motor, Personal Accident, Home Insurance, Personal Travel, and Pleasure Craft insurance.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

QBE Insurance (Malaysia) Berhad underwrites and distributes general insurance products in Malaysia, offering a Business Insurance portfolio (Construction & Engineering, Commercial Property, Professional Liability, Marine, Group Accident & Health, Workmen's Compensation, Commercial Motor, General Accident, General Liability, Multinational Insurance, SME Insurance) and a Personal Insurance portfolio (Health and Medical, Personal Motor, Personal Accident, Home Insurance, Personal Travel, Pleasure Craft). Policies are sold and serviced through direct digital channels (eService portal, eClaims, motor quotation), a call center, and licensed insurance agents using proprietary QNECT and REXIT platforms.

Product overview

QBE Insurance (Malaysia) Berhad offers a dual-portfolio insurance platform comprising Business Insurance products and Personal Insurance products, along with digital service platforms. The Business Insurance portfolio includes Construction & Engineering, Commercial Property, Marine, Professional Liability, Group Accident & Health, Workmen's Compensation, Commercial Motor, General Accident, General Liability, Multinational Insurance, and SME Insurance. The Personal Insurance portfolio includes Health and Medical, Personal Motor (Car), Personal Accident, Home Insurance, Personal Travel, and Pleasure Craft. Supporting these product lines are digital service platforms including eClaims (online claims submission), eService (policy management portal), and Motor Quotation (online quote requests). The company positions itself as a global insurer and reinsurer combining international expertise with local market understanding.

Differentiator

Problem solved

Functional benefit

Products and services

• Construction & Engineering Insurance Essential cover against sudden or unforeseen losses for construction projects and engineering operations, targeted at construction companies, contractors, and engineering firms in Malaysia.
• Commercial Property Insurance Coverage that guards business property and assets against specified risks, for business owners with commercial premises and operations in Malaysia.
• Professional Liability (Professional Indemnity) Insurance Legal protection for corporations and professionals against claims of negligence or malpractice, for Malaysian professional services firms and corporations.
• Marine Insurance Cover for Marine Cargo, Hull and Liabilities including Protection and Indemnity (P&I), for companies involved in marine cargo transport, shipping, and maritime operations in Malaysia.
• Group Accident & Health Insurance Health and accident coverage for groups and corporate employees, for Malaysian employers seeking employee benefit programs.
• Workmen's Compensation Insurance Insurance coverage for work-related injuries and occupational diseases affecting employees, for Malaysian employers meeting workplace safety and welfare obligations.
• Commercial Motor Insurance Motor insurance coverage for commercial vehicles and fleets, for Malaysian businesses operating commercial vehicle fleets.
• General Accident Insurance Broad accident coverage for business operations, for Malaysian businesses seeking protection against operational accident risks.
• General Liability Insurance Liability coverage protecting businesses against third-party claims, for Malaysian businesses exposed to third-party bodily injury or property damage liability.
• Multinational Insurance Insurance solutions for businesses operating across multiple countries, for Malaysian-headquartered multinationals needing coordinated cross-border coverage.
• SME Insurance Tailored insurance coverage designed for small and medium enterprises, for Malaysian SMEs seeking affordable, comprehensive bundled coverage.
• Health and Medical Insurance One-stop healthcare cover for individuals and families, for Malaysian consumers seeking medical and health protection, subject to Bank Negara Malaysia interim measures on medical health insurance.
• Personal Motor (Car) Insurance Motor insurance coverage for personal vehicles with support to get customers moving again after incidents, for Malaysian individual vehicle owners.
• Personal Accident Insurance Accident coverage for personal protection against injuries, for Malaysian individuals seeking personal accident protection.
• Home Insurance Coverage for personal residences and belongings, for Malaysian homeowners and renters.
• Personal Travel Insurance Travel insurance coverage for personal trips, for Malaysian individual travelers.
• Pleasure Craft Insurance Insurance coverage for recreational boats and watercraft, for Malaysian owners of pleasure craft.

Segments8 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves5 records

Expansion highlights3 records

Direct peers

• Etiqa Insurance & Takaful: One of Malaysia's largest general insurers and takaful operators, offering a comparable dual-portfolio of personal and commercial insurance products including motor, health, property, and marine. Directly competes with QBE Malaysia across the same customer segments.
• Allianz Malaysia: Malaysian subsidiary of Allianz SE offering general insurance lines including motor, property, marine, and liability. A direct competitor with similar product breadth and global parent backing, competing for the same SME and corporate accounts.
• Zurich Insurance Malaysia: Malaysian general insurance operation of Zurich Insurance Group offering commercial and personal lines including motor, property, liability, and accident. Comparable as a global insurer's Malaysian subsidiary with similar product mix.
• AIG Malaysia Insurance: Malaysian subsidiary of American International Group offering general insurance including property, casualty, marine, and accident. Competes directly with QBE in commercial lines and specialty risks.
• Chubb Insurance Malaysia: Malaysian operation of Chubb Limited offering general insurance with emphasis on accident & health, property, motor, and liability. Comparable global insurer subsidiary competing in the same Malaysian market.
• MSIG Insurance Malaysia: Malaysian subsidiary of Mitsui Sumitomo Insurance Group offering general insurance products including motor, fire, marine, and engineering. A directly comparable foreign insurer subsidiary operating in Malaysia.
• Great Eastern General Insurance Malaysia: Malaysian general insurance arm of Great Eastern Holdings offering personal and commercial lines. Directly competes with QBE across motor, property, and accident products in Malaysia.
• Tokio Marine Insurance Malaysia: Malaysian subsidiary of Tokio Marine Holdings offering general insurance including motor, marine cargo, property, and engineering. Particularly comparable in marine cargo and engineering lines where QBE also competes.
• Lonpac Insurance: Malaysian general insurer (subsidiary of LPI Capital) offering personal and commercial lines including motor, fire, marine, and engineering. Comparable local general insurer competing in the same Malaysian market segments.

Regional players

• Syarikat Takaful Malaysia Keluarga: Malaysian takaful (Islamic insurance) operator offering family and general takaful products. Comparable in product mix (health, motor, property, fire) but operates under a different Islamic insurance model versus QBE's conventional insurance structure.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xtwitter.com/QBE
• YouTubeyoutube.com/channel/UCDXN3KNTtz5eQ2uX76Xk0Mg
• LinkedInlinkedin.com/company/qbe-asia

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about qbe insurance (malaysia) berhad