Multi-Purpose Insurans Bhd (MPIB) is a wholly owned subsidiary of Multi-Purpose Capital Holdings Berhad which is a subsidiary of Multi-Purpose Holdings Berhad (MPHB), a public listed company with a total asset of RM5.646 billion.

The principal activities of MPHB are in investment holding, operation of general insurance business, securities broking and dealing, operation and management of licensed four digit number forecast game, and operation of hotels.

MPIB is licensed by Bank Negara Malaysia under the Insurance Act 1996 and is involved in the general insurance business offering innovative insurance products and services which are customized to individuals and corporate customers.

Established in 1973, MPIB has over 36 years’ of experience in serving commercial, institutional and individual customers.  MPIB’s Head Office is located in the city.  It has a network of 12 branches strategically located in various states in Malaysia, namely; Klang, Penang, Kota Bharu, Ipoh, Johor Bahru, Kuantan, Melaka, Alor Setar, Kuching, Sibu, Kota Kinabalu and Sandakan. The company is widely represented by agents throughout the country.

MPIB has recorded impressive growth in Gross Premium for the past 5 years to establish itself as a core insurer in the industry. 

Based on the unaudited 2009 results, MPIB recorded a turnover of RM415 million in Gross Premium or a 28% growth over the RM324.1 million recorded in the financial year ended 2008

MPIB provides a comprehensive range of products from personal to commercial risks as well as special schemes tailored to specific needs of our corporate customers.  MPIB also provides technical services and appropriate risk management programme to large corporate customers.

MPIB has a dedicated team of staff, many of whom have provided years of loyal service to the company, ensuring continuity and consistency in our delivery of reliable and quality service to its customers. MPIB’s policy is to ensure that all legitimate claims are promptly and fairly settled.