About AmAssurance
AmAssurance is a company based in Kuala Lumpur (Malaysia) founded in 1832.. AmAssurance has raised $46.31 million across 1 funding round from investors including IAG. AmAssurance offers products and services including Private Motor Insurance, AmPro Personal Accident, Houseowner & Householder Insurance, and AmDrive Plus. AmAssurance operates in a competitive market with competitors including Blue KC, Prudential, Beazley, AmGeneral Insurance and Pacific & Orient Berhad, among others.
- Headquarter Kuala Lumpur, Malaysia
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
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- Legal Name Liberty General Insurance Berhad
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$46.31 M (USD)
in 1 rounds
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Latest Funding Round
$46.31 M (USD), Series A
Oct 28, 2010
- Investors
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Employee Count
Employee Count
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Products & Services of AmAssurance
AmAssurance offers a comprehensive portfolio of products and services, including Private Motor Insurance, AmPro Personal Accident, Houseowner & Householder Insurance, and AmDrive Plus. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Policy for vehicle protection and roadside assistance
Coverage for personal injury and financial support
Protection for homes and household belongings
Auto assistance service for breakdowns and accidents
Funding Insights of AmAssurance
AmAssurance has successfully raised a total of $46.31M through 1 strategic funding round. The most recent funding activity was a Series A round of $46.31 million completed in October 2010. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $46.3M
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First Round
First Round
(28 Oct 2010)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2010 | Amount | Series A - AmAssurance | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in AmAssurance
AmAssurance has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include IAG. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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IAG is engaged in providing insurance and reinsurance services across Australia and New Zealand.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by AmAssurance
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - AmAssurance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Amassurance Comparisons
Competitors of AmAssurance
AmAssurance operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Blue KC, Prudential, Beazley, AmGeneral Insurance and Pacific & Orient Berhad, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Provides health insurance plans for individuals, families, employers, and Medicare recipients.
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| domain | founded_year | HQ Location |
Financial services for pensions and investments are provided by Prudential.
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| domain | founded_year | HQ Location |
Specialist insurance and reinsurance are underwritten for clients worldwide.
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| domain | founded_year | HQ Location |
General insurance services are offered in Malaysia by AmGeneral Insurance.
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| domain | founded_year | HQ Location |
Diversified insurance services are provided across multiple sectors.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about AmAssurance
When was AmAssurance founded?
AmAssurance was founded in 1832 and raised its 1st funding round 178 years after it was founded.
Where is AmAssurance located?
AmAssurance is headquartered in Kuala Lumpur, Malaysia.
Is AmAssurance a funded company?
AmAssurance is a funded company, having raised a total of $46.31M across 1 funding round to date. The company's 1st funding round was a Series A of $46.31M, raised on Oct 28, 2010.
What does AmAssurance do?
AmAssurance was established in 1832 as an insurance carrier in Kuala Lumpur, Malaysia. Operations focus on providing a range of insurance products, including life, general, and health coverage, to clients throughout the country. The company maintains its headquarters in the capital and extends services via its domain amassurance.com.my. Regulatory compliance is ensured in the Malaysian financial sector, supporting diverse risk management needs for individuals and businesses.
Who are the top competitors of AmAssurance?
AmAssurance's top competitors include Beazley, Prudential and Pacific & Orient Berhad.
What products or services does AmAssurance offer?
AmAssurance offers Private Motor Insurance, AmPro Personal Accident, Houseowner & Householder Insurance, and AmDrive Plus.
Who are AmAssurance's investors?
AmAssurance has 1 investor. Key investors include IAG.