Motor Insurance Award 2017 / 2018

Malaysia Motor Insurance Award 2017/18

Search for the Best Motor Insurance and Takaful Companies has ended!

What is iBanding’s Motor Insurance Award (MIA)?

The Motor Insurance Award (MIA) organized by iBanding is an annual award given out to the Best Motor Insurance and Takaful company. The award is announced alongside the ranking of the Insurance and Takaful companies that shows how vehicle owners in Malaysia perceive their insurance providers. The intention is to provide Malaysians with independent information to help them decide from which insurance company to buy their motor insurance.

Best Motor Insurance and Takaful Companies for 2018

How does it help?

Have you heard of the Motor Detariffication or Liberalization of Motor Insurance ? It started in July 2017. This means that insurance for cars and motorcycles are no longer fixed and that each company can set their own price. Now that each company can set their own price, it becomes important to consumer to compare prices. When prices are different, then service becomes also very different. Companies that are more expensive might charge a higher price and companies that are cheaper might not provide good service. The annual Motor Insurance Survey finds out which companies provide good service and which insurance companies provide bad service. Once the survey is completed, iBanding will announce the top companies as the winner of the Motor Insurance Award. 

In 2016, Allianz General Insurance was the best conventional insurance company. Among the Takaful companies Syarikat Takaful Malaysia won the Motor Insurance Award. Click here to read more about the results in 2016.

best motor insurance companies in Malaysia 2016
best motor takaful companies in Malaysia 2016

Astro Awani – What is the best Insurance Company in Malaysia?

Who can participate?

The participation on the Motor Insurance Survey is open to legal residents of Malaysia who are above 18 years of age, have a valid National Registration Identity Card (NRIC) and a registered vehicle (car or motorcycle) with insurance. Deatailed Terms & Conditions can be found here.

Why should I fill out the survey?

If you drive a car or motorcycle, you have bought an insurance. You have your own experience of how good or how bad your current insurance company is. You can make a difference by filling out the survey and let others know how the service is of your current insurance company. If every Malaysian driver fills out the survey we get the best possible picture of the service provided by the insurance/takaful companies.  Your voice matters !

2017/18 Survey Giveaway Winners

Our third annual Motor Insurance Survey just ended and we finally have our two iPhone 8 winners, Peter and Azhan. Big congratulations to our winners and good luck to everyone next year with hopefully even better rewards

Lucky Draw Winner

Peter Siew

peter iphone 8 winner

Most Number of Referrals

Azhan Nordin

2016/17 Survey Giveaway Winners

Our 2016 campaign also included a giveaway where survey participants were able to win some great prizes. Such as a brand new iPhone SE, attractive gadgets and plenty of  other rewards every week.
Click here to see the 2016 campaign winners and prizes.


Here are our weekly Motor Insurance Survey Winners !

Each Sunday we draw a winner for a RM 50 Petronas Card and the results will be announced on following Monday

  • November 20th, 2017 – Amir (Shah Alam)
  • November 27th, 2017 – Catherine (Kuala Lumpur)
  • December 4th, 2017 – Juaynna (Kajang)
  • December 11th, 2017 – Hanis Najwa Noh (Johor Bahru)
  • December 18th,2017 – Mohd Faisal (Batu Caves)
  • December 25th, 2017 – Kwan Dat Siong (Puchong)
  • January 2nd, 2018 – Norizan Abu Samah (Kuala Lumpu
  • January 8th, 2018 – Eng Siang (Kuala Lumpur)
  • January 15th, 2018 – Nurul Azwa (Rawang)
  • January 22nd, 2018 – Syakira (Shah Alam)
  • January 29nd, 2018 – Rahah Abdullah (Pahang)

2017/2018 Survey Period has ended. We are now processing the survey results to find the best motor insurance companies in Malaysia!