AmGeneral Insurance

Kuala Lumpur, Malaysia Founded: 2008 • Age: 18 yrs Acquired By Liberty Mutual Insurance
General insurance services are offered in Malaysia by AmGeneral Insurance.
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About AmGeneral Insurance

AmGeneral Insurance is a company based in Kuala Lumpur (Malaysia) founded in 2008 was acquired by Liberty Mutual Insurance in July 2022.. AmGeneral Insurance has completed 1 acquisition, including Kurnia. AmGeneral Insurance offers products and services including EZY Plus, Houseowner, BizCare, and Liberty EzyPA. AmGeneral Insurance operates in a competitive market with competitors including Blue KC, Prudential, Beazley, AmAssurance and Pacific & Orient Berhad, among others.

  • Headquarter Kuala Lumpur, Malaysia
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Liberty General Insurance Berhad 197801007153 (44191-P)
Operational Areas
Financial Services → Insurance & Risk Management
Key Metrics
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Products & Services of AmGeneral Insurance

AmGeneral Insurance offers a comprehensive portfolio of products and services, including EZY Plus, Houseowner, BizCare, and Liberty EzyPA. 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.

Primary

Comprehensive coverage for private motor cars and vehicles

Protection for homeowners against fire and other risks

Insurance solutions for business assets and operations

Coverage for personal accidents and travel-related incidents

People of AmGeneral Insurance
Headcount 1000-5000
Employee Profiles 12
Board Members and Advisors 7
Employee Profiles
People
Ronnie Chan
Chief Claims Officer
People
Foo Yong Chiat
Chief Commercial Lines Officer
People
Tan Bee Chuan
Chief Internal Auditor
People
Aisah Bevi Binti Abdul Rahman
Chief Legal Officer & Company Secretary

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Board Members and Advisors
people
Saime Defne Turkes
Non-Independent Executive Director
people
Keong Choon Keat
Director
people
Lim Heen Peok
Director
people
Haji Kamil Khalid Ariff
Chairman

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Funding Insights of AmGeneral Insurance

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in AmGeneral Insurance

AmGeneral Insurance has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Liberty Mutual Insurance. 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.

All
Institutional
Investor Description Founded Year Domain Location
Liberty Mutual Insurance is engaged in providing insurance solutions globally.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by AmGeneral Insurance

AmGeneral Insurance has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Kurnia. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Personal and business insurance is compared and purchased online.
1998
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - AmGeneral Insurance

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Amgeneral Insurance Comparisons

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Competitors of AmGeneral Insurance

AmGeneral Insurance 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, AmAssurance 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
domain founded_year HQ Location
Provides health insurance plans for individuals, families, employers, and Medicare recipients.
domain founded_year HQ Location
Financial services for pensions and investments are provided by Prudential.
domain founded_year HQ Location
Specialist insurance and reinsurance are underwritten for clients worldwide.
domain founded_year HQ Location
Diversified insurance services are offered across multiple sectors.
domain founded_year HQ Location
Diversified insurance services are provided across multiple sectors.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Amgeneral Insurance

AMMB completes sale of AGIB
Thestar3 years ago
Liberty Mutual acquires AmGeneral
Reinsurancene3 years ago

Frequently Asked Questions about AmGeneral Insurance

When was AmGeneral Insurance founded?

AmGeneral Insurance was founded in 2008.

Where is AmGeneral Insurance located?

AmGeneral Insurance is headquartered in Kuala Lumpur, Malaysia.

Who is the current CEO of AmGeneral Insurance?

Derek Roberts is the current CEO of AmGeneral Insurance.

What does AmGeneral Insurance do?

AmGeneral Insurance was founded in 2008 and is headquartered in Kuala Lumpur, Malaysia. Operations are conducted in the general insurance sector, where a range of products including property, casualty, and liability coverage are provided to clients. The company is led by CEO Derek Roberts, with activities focused on the Malaysian market to meet diverse risk management needs.

Who are the top competitors of AmGeneral Insurance?

AmGeneral Insurance's top competitors include Beazley, Prudential and Pacific & Orient Berhad.

What products or services does AmGeneral Insurance offer?

AmGeneral Insurance offers EZY Plus, Houseowner, BizCare, and Liberty EzyPA.

How many acquisitions has AmGeneral Insurance made?

AmGeneral Insurance has made 1 acquisition, including Kurnia.

Who are AmGeneral Insurance's investors?

AmGeneral Insurance has 1 investor. Key investors include Liberty Mutual Insurance.

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