Corporate Profile
Kurnia Insurans (Malaysia) Berhad was incorporated on 30th December 1978. Back then, it was known by another name - Industrial and Commercial Insurance. Kurnia Insurans (Malaysia) Berhad, in its present shape and form came to be, only in 1991, when the present owners bought the company.
Rising from the ruins of an insolvent Insurer, Kurnia Insurans has become one of the most successful general insurance companies in Malaysia. Kurnia Insurans' success is founded on fair business practices, which protect the legitimate interests of its policyholders and offers its service providers lucrative and honest income opportunities.
With total capitalization of RM600 million, which comprises RM370 million
in fully paid-up ordinary share capital and RM230 million of irredeemable convertible
subordinated
debts, and total assets exceeding RM2 billion, Kurnia Insurans stands as a pillar
of the industry, representing
stability and strength.
While motor insurance is Kurnia Insurans' main class of insurance business, our non-motor portfolio is by no means, insignificant in terms of premiums. Kurnia Insurans will pursue growth in the non-motor business in support of the nation's drive for increased national retention.
With over 6,500 agents across the country, Kurnia Insurans also boasts one of
the most extensive agency networks in the industry, represented in practically
every town.
With the imminent liberalization of the Malaysian insurance market, Kurnia has undertaken several protective measures in expectation of rising unbridled competition. One predominant move is strategizing towards eCommerce and seizing a prominent position by being the forerunner in providing online insurance services. This website is one of the many means by which to establish Kurnia's presence in the virtual market. Kurnia firmly believes that eCommerce will bring Kurnia to a higher level of performance and quality of service to its customers, business partners and agents in line with its motto "Excellence in Service".
Our Culture
Knowledge
We believe in continuously improving ourselves by acquiring knowledge, sharing experience and honing our skills in order to build Kurnia to be a knowledge-company.
Unity
We take pride in our ability to consistently achieve our goals not through any individually outstanding performance but through the collective effort of the whole team. There are no heroes in Kurnia but we are all Champions! Kurnia is more a Family than a Company. "We" is more important than "I".
Resourcefulness
We become what we are today because of the resourcefulness and entrepreneurship of our people, consisting of a pool of multi-talented, committed and professionally trained individuals and visionary leaders. We move decisively even in the most challenging times because we believe in wasting no time if it means enhancing values to our customers, employees and shareholders.
Nobility
We conduct our business and expand our clientele base by practicing the highest standard of fair play and business ethics. We offer the same level of honesty and integrity to our business partners as we demand from them.
Innovativeness
We subscribe to and shall continue to invest in business-driven Research & Development, as well as the effective use of Information & Communications Technology in order to reduce costs, increase productivity and maintain our leadership position. Innovation in products and processes will pave the way for our personnel to become knowledgeable, multi-skilled, universal executives.
Ability
We become the leading company in the region because we believe in our ability to lead the market. We look at no others but ourselves to identify and rectify our own weaknesses. We then focus on our strengths and say "KURNIA BOLEH!"