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SP&G Insurance Brokers
Malaysia
1974 (51 Years)
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Security Information
What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know SP&G Insurance Brokers
Company Information
Get to know SP&G Insurance Brokers
SP&G is a multi-discipline commercial insurance broker specializing in coverages for the aviation market, as well as offering clients additional expertise and insurance solutions for property & casualty, marine, engineering and other risks. Founded in 1974, SP&G was purchased in its entirety by its current CEO, Dato' Zakaria Meranun, in early 2014. Based in Kuala Lumpur with an office in Johor Bahru, SP&G today is one of the leading insurance brokers in Malaysia, with revenues exceeding $6 million (US) in 2018.
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- Financial InsurancePRIMARY
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