We are launching our annual 2018/19 Motor Insurance and Takaful Survey to find Malaysia’s Best Car Insurance and Takaful company. In the next 4 months Malaysian drivers can fill out a survey to share their experience with insurance companies. Every week, we give out Cash Prizes and at the end of the campaign we will raffle away smart phone to all the participants. Terms & Conditions apply.

Malaysia has over 20 car insurance and takaful companies that each provide different prices and quality of service. This is similar like hotels. Some hotels cost more, but provide 5 star service. Some hotels are low-budget, but provide less services to the customer and only have 1-2 stars. Our independent math model shows you which insurance company provide 5 star service to the customer and can cost more.

This year you can win weekly prizes of cash and a grand prize of either an iPhone 8 or Samsung S9. You choose.

Check out our page about past winners and prizes here. 

This year is the 4th time that iBanding is running the Motor Insurance Survey. Last year Etiqa Takaful and Takaful Malaysia won the Award for Best Takaful company. Etiqa won the Best Car Insurance Award for conventional insurance.

The ranking and awards are based on actual feedback from thousands of Malaysians that have a valid motor insurance. This is important, because only if you drive a car and have insurance, you can have experience with your car insurance. The survey is not a popularity contest, in which the company with the most vote wins. Through scientifically proven questions, the actual customer experience of drivers are captured to rank the insurance companies against each other.

Advantages of iBanding’s Car Insurance and Takaful Ranking

• Ranking is based on customer experience, not popularity vote
• Winners are selected by an independent math model, not from a panel of paid judges
• Survey is not sponsored by insurance companies

Step 1:
Fill out the survey

Click on the link to start filling out the survey. They survey has 10-15 questions and can be filled out in less than 5 minutes.

Step 2:
Confirm your email

You will get an email to verify your email address. This is important to make sure that your entry is valid.

Step 3:
Share for extra chances

You will get an individual Lucky URL that you can share with your friends to increase your chances of winning. Every time a friend fills out the survey with your Lucky URL you get 3 extra tickets to win the grand prize.

Have questions? Leave us a comment below

Today was an eventful day for us at iBanding. After spending months organizing our Motor Insurance Award survey last year, our team worked hard at sorting out all the responses that we had received from the public. Finally today, we have our winners.

I had the honor of presenting the Malaysian Motor Takaful Award 2016 to Syarikat Takaful Malaysia. In front of the senior management team of Takaful Malaysia, I handed the first award to Dato’ Sri Mohamed Hassan Kamil. The event celebrates the end of our hard work to find out which Insurance company is best in Malaysia.

iBanding’s Motor Insurance Award, the first of its kind in Asia

It was not an easy feat. Many awards are sponsored by big companies hence one may wonder if this award is truly independent. To answer this question, we can proudly say that we did not have a sponsor, because we wanted to avoid any conflict of interest that may arise. We wanted to be 100% un-biased. Other awards are based on a panel of judges or experts that cast their votes for which insurance company is best. The Asia Insurance Industry Award is one of them, where a panel of 30 judges select the winners. The judges have a set of criteria to rate the insurance firms in determining the winners.

iBanding’s Motor Insurance Award is different as we use actual customers’ experience in selecting the winners. This selection is based on their opinion and personal experience with their motor insurance companies. We believe that this award is more meaningful to the actual users, in this case, Malaysian drivers. Based on the responses of 2,600 Malaysians, we can confidently say that Syarikat Takaful Malaysia has earned the title of “Best Motor Takaful Company” in Malaysia. Congratulations!

We at iBanding are truly grateful for all the responses that we received from the public. The survey conducted in 2016 generated an overwhelming response. It is our hope that this year’s campaign will see an even larger turn out so that we can include even more experience of actual drivers into our findings. Join us in our next Motor Insurance Survey to determine the best motor insurance company in 2017. You can learn more about the full results on our Motor Insurance Award 2016 page.

Luke Roho
Co-founder, iBanding