To be the leading and trusted insurance and takaful broker in Malaysia, especially in Sabah, through innovative risk management solutions and excellent service.
Insurance & Takaful
IIB Insurance Brokers Sdn. Bhd.
A wholly owned SEDCO insurance and takaful broker delivering expert advice, risk transfer and tailored protection programmes.
ActiveFull profile
About IIB
IIB Insurance Brokers Sdn. Bhd. was incorporated on 26 February 1997 and is now a wholly owned subsidiary of SEDCO. IIB is an insurance and takaful broker regulated by Bank Negara Malaysia under the Financial Services Act 2013.
IIB helps clients identify risk exposures, design coverage programmemes, obtain market terms, administer policies and manage claims. His experience spans the public and private sectors including energy, ports, maritime, aviation, manufacturing, hospitality and infrastructure.
Key facts
Incorporated26 February 1997
SEDCO Equity100%
RegulatorBank Negara Malaysia
CoveragePublic & private sectors
Vision, mission & purpose
Be the preferred insurance broker and trusted provider of risk management solutions.
Products, services & facilities
Risk analysis & programme design
Identification, profiling and quantification of risks before a cover proposal and insurance budget are developed.
Insurance programme placement
Preparation of underwriting information, market selection and negotiations with local or international insurers and reinsurers.
Administration programme
Management of premiums, cover notes, policies, protection amendments and communication between customers and insurers.
Loss prevention
Site visits, briefings and risk surveys to help reduce exposure and losses.
Claim handling
Appointment of loss adjuster, claim procedure, coordination, reporting and monitoring of claim settlement.
Credentials, capacity & expertise
Approved by Bank Negara Malaysia
Member of MITBA
Member of the Asian Insurance Institute
Registered with MOF
Registered with PUKONSA
Property & financial loss
Liabilities
Employee benefits
Marine & cargo
Construction
Energy & power
Ports & terminals
Flight
Hospitality
Medicine
Telecommunications
Operating locations
Sabah Headquarters
Lot S2, Tingkat 4, Wisma SEDCO, Coastal Highway, 88300 Kota Kinabalu, Sabah
8.00 am–5.00 pm +60 88-260 763Putrajaya Service Office
L01-16, Level 1, Shaftsbury Tower Putrajaya, Jalan Alamanda, Presint 1, 62000 Putrajaya
Contact IIB for an appointmentHow to access our services
- 01
Contact IIB with a description of the assets, operations, employees or risks to be covered.
- 02
IIB conducts discussions, site visits or risk surveys to understand risk exposure.
- 03
The protection programme is designed and the terms are negotiated with the appropriate insurer or takaful operator.
- 04
After placement, IIB assists with policy administration and claims management.
Frequently asked questions
Is IIB an insurance company?+
Nope. IIB is an insurance and takaful broker that arranges cover through insurers and takaful operators.
Does IIB offer insurance and takaful?+
Yes, both insurance broking and takaful services are provided.
Is IIB only for government agencies?+
Nope. IIB serves clients in the public, private, organisational and individual sectors.
Can IIB arrange protection for businesses?+
Yes. Programmemes are designed based on the risk profile and needs of a business.
Does IIB help with claims?+
Yes. IIB assists with the notification process, loss adjuster coordination, documentation and claim settlement monitoring.
Who regulates the IIB?+
IIB is regulated by Bank Negara Malaysia under the Financial Services Act 2013.
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