Insurance Commission Agent Companies in Malaysia

The Malaysian insurance industry is overseen by the Insurance Commission of Malaysia (ICM), which is a statutory body that is tasked with regulating and supervising the industry. The ICM is responsible for issuing licenses to insurance companies and insurance brokers, as well as setting and enforcing industry-wide standards and codes of conduct.

There are a number of different types of insurance companies in Malaysia, including life insurers, general insurers, takaful (Islamic insurance) operators, and reinsurance companies. There are also a number of insurance agent companies that operate in the country.

Insurance agent companies in Malaysia are required to be licensed by the ICM in order to operate. These companies are typically involved in the sale and marketing of insurance products, as well as providing advice to potential policyholders.

Many insurance agent companies in Malaysia are affiliated with a particular insurance company or companies, and typically only sell the products of those companies. However, there are also a number of independent agent companies that are not affiliated with any particular insurer, and which offer a wider range of products from different companies.

When choosing an insurance agent company in Malaysia, it is important to consider a number of factors, such as the company's experience, reputation, and the range of products