Key Milestones
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Key Milestones

Etiqa is a licensed life and general insurance company registered in the Republic of Singapore. We are regulated by the Monetary Authority of Singapore and governed by the Insurance Act.

Etiqa is owned by Maybank Ageas Holdings Berhad, a joint venture company that combines local market knowledge with international insurance expertise. We are 69% owned by Maybank, the fourth largest banking group in Southeast Asia with more than 22 million customers worldwide in 20 countries. Ageas, an international insurance group with 33 million customers across 16 countries and a heritage that spans over 190 years, owns 31% of our shares.

Etiqa has been protecting Singaporeans since 1961 with a range of general insurance solutions, which are constantly being updated, to cater to our customers’ needs.

We have come a long way and remains committed to be with you in the future.
1961

Started operations in Singapore as United General Insurance Co. Sdn. Bhd.

2001

Renamed as Maybank General Assurance Bhd.

2009

Appointed as the official fire insurer for HDB home owners. Thereafter, we protected more than half a million homes in Singapore for 10 consecutive years.

Evolved to become the Singapore branch of Etiqa Insurance Berhad.

2014

Launched our life insurance business in August 2014, including protection, savings and retirement, and subsequently legacy planning and universal life solutions.

2015

Etiqa became one entity with the transfer of general insurance business from Etiqa Insurance Berhad.

Opening of Customer Service Centre.

First insurer to offer direct purchase life insurance online in Singapore.

 

2017

Launched Singapore’s first online insurance savings plan.

First insurer to offer automatic travel delay claims approval.

2018

Launched Tiq by Etiqa, our digital insurance channel.

First to offer Freelancer Income Protection insurance.

Introduced Whatsapp customer service hotline.

2020

Rated ‘A’ for ‘Favourable’ business profile and ‘Very Strong’ for capitalisation by Fitch.

First insurer to offer complimentary coverage against COVID-19 and dengue fever to customers.

Appointed as NATAS Official Travel Insurance Partner.

Launched E-CLEVA which allows real-time assessment and approval of vehicle claims.

2022

Reaffirmed ‘A’ rating by Fitch.

Launched Dash PET Plus, an all-in-one policy addressing savings, protection and investment needs.

Launched Drive less, Save more, a usage-based motor insurance.