About Great Eastern General Insurance
Great Eastern General Insurance is a company based in Kuala Lumpur (Malaysia) founded in 1920. It operates as a B2C, and B2B. Great Eastern General Insurance has completed 1 acquisition, including QBE. Great Eastern General Insurance offers products and services including Life Insurance, Health Insurance, Personal Accident Insurance, Travel Insurance, and Car Insurance. Great Eastern General Insurance operates in a competitive market with competitors including Blue KC, Prudential, Beazley, AmGeneral Insurance and AmAssurance, among others.
- Headquarter Kuala Lumpur, Malaysia
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Great Eastern General Insurance Ltd
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
-
Investors
-
Employee Count
Employee Count
- Investments & Acquisitions
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Great Eastern General Insurance
Great Eastern General Insurance offers a comprehensive portfolio of products and services, including Life Insurance, Health Insurance, Personal Accident Insurance, Travel Insurance, and Car Insurance. 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.
Covers life events and financial security needs
Provides medical and health coverage protection
Offers protection against accidental injuries
Safeguards against travel-related risks and losses
Insures vehicles and provides driver protection
Protects homes and personal belongings from risks
Funding Insights of Great Eastern General 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 |
Investments & Acquisitions by Great Eastern General Insurance
Great Eastern General Insurance has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include QBE. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
General accidents, liability, marine, and other insurance services are provided.
|
1913 |
| 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 - Great Eastern General 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 |
Great Eastern General Insurance Comparisons
Competitors of Great Eastern General Insurance
Great Eastern General 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, AmGeneral Insurance and AmAssurance, 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 |
General insurance services are offered in Malaysia by AmGeneral Insurance.
|
|
| 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 Great Eastern General Insurance
Frequently Asked Questions about Great Eastern General Insurance
When was Great Eastern General Insurance founded?
Great Eastern General Insurance was founded in 1920.
Where is Great Eastern General Insurance located?
Great Eastern General Insurance is headquartered in Kuala Lumpur, Malaysia.
What does Great Eastern General Insurance do?
Great Eastern General Insurance delivers a variety of insurance products, including life, health, personal accident, travel, car, home, and maid coverage. Based in Singapore, it operates through online platforms and customer service centers, serving individuals and businesses with tailored protection solutions. The company focuses on safeguarding lifestyles and corporate needs, handling claims and enquiries efficiently.
Who are the top competitors of Great Eastern General Insurance?
Great Eastern General Insurance's top competitors include Beazley, Prudential and Pacific & Orient Berhad.
What products or services does Great Eastern General Insurance offer?
Great Eastern General Insurance offers Life Insurance, Health Insurance, Personal Accident Insurance, Travel Insurance, and 2 more products and services.
How many acquisitions has Great Eastern General Insurance made?
Great Eastern General Insurance has made 1 acquisition, including QBE.