Progressive Insurance Bhd is an established general insurance company in Malaysia, which was initially incorporated as Sri Bumi Sdn Bhd on 8 June 1974 based in Sarawak.
We subsequently rebranded and renamed as Progressive Insurance Sdn Bhd on 7 December 1975, and expanded our business operations nationwide, including Peninsular Malaysia, Sabah and Sarawak. Progressive Insurance Sdn Bhd relocated headquarters strategically to Kuala Lumpur in 1982, to serve our clients more effectively.
Our financial equity was significantly strengthened after Permodalan Bumiputra Sabah Berhad and Sabah State Government became major shareholders of the Company between years of 1987 to 1989. On 30 May 1997, Progressive Insurance Sdn Bhd successfully converted as public company and renamed as Progressive Insurance Bhd.
With total paid-up capital of RM100 million and a dynamic team of people, Progressive Insurance Bhd ready to grow in vibrant Malaysian insurance industry.
Committed to Service
Progressive Insurance has what it takes to help you manage your risk. We have extensive experience in a wide variety of risks, and enjoy the firm support of our expanding panel of reinsurers.
Our list of satisfied clients includes many high-profile names and large corporations with whom we continue to maintain successful, long-standing relationships.
The comprehensive insurance programmes we developed for our clients clearly show our ability to effectively manage risk on even the largest of projects. They also reflect the growing confidence more and more client have in Progressive Insurance.
People are, however, what really makes Progressive Insurance work. Our team of experienced professionals is fully committed to providing all our clients the best service.
We appreciate the role good service plays in maintaining a strong partnership and focus our efforts accordingly. From front-desk staff handling your daily enquiries to the most senior management person, each is dedicated to ensuring that all your needs are quickly and competently met.
In addition, Progressive Insurance has invested heavily in a computerization programme designed to further sharpen its service edge. The installation of this advanced technology will improve efficiency and deliver on faster response time to all our customers. This is especially important in the area of claims, where Progressive Insurance is committed to providing fast and efficient processing and payment.