Choosing a Broker

Every broker has a regulator. Start there.

How to check a broker's licence in Malaysia, how many brokers are approved, and the four questions to ask before you appoint one.

The two-minute check

A ranking is someone's opinion. A register is the regulator's record.

There is no official top 10. There is a list every broker has to be on, and anyone can read it.

01

Get the full company name.

The brand on a card can differ from the licensed company. Ask for the name on the licence.

02

Find it on the register.

Bank Negara Malaysia for onshore brokers. Labuan FSA for brokers licensed in Labuan.

03

Ask four questions.

Who licenses you, where you place, how many insurers you approach, and what you have placed before.

Where to look

Two registers. One of them has our name.

Bank Negara Malaysia

26

Approved broker companies, read 29 September 2026

22 approved insurance and takaful brokers, plus 2 approved insurance brokers and 2 approved takaful brokers. Each is approved under section 11 of the Financial Services Act 2013.

Source: Bank Negara Malaysia, FSP Directory. Lists updated 21 August 2026 and 2 July 2024.

Open BNM's directory

Labuan Financial Services Authority

Pana Harrison (Labuan) Ltd.

Listed as a general insurance broker

The record names our co-located office: Suite 1708, Level 17, CIMB Hub, Jalan Sultan Ismail, Kuala Lumpur. Search the name and you will find us.

Source: Labuan FSA, Financial Institutions Directory, read 29 September 2026.

Open Labuan FSA's directory

What to ask a broker

Four questions. Put them to us too.

Who licenses you, and under what name?

Labuan FSA, as Pana Harrison (Labuan) Ltd.

Our Kuala Lumpur office at CIMB Hub is the office named on that record.

Where can you place my risk?

Across Asia, and at Lloyd's of London.

Our Singapore office has held a Lloyd's of London licence since 2009. A placement that starts in Kuala Lumpur reaches London capacity inside one group.

How many insurers will you approach?

Ask for the number, and the options side by side.

Bank Negara's rules for its approved brokers took effect on 1 January 2026. For a new customer, they set at least three insurers per class. It is a fair question for any broker.

What have you placed that looks like my risk?

Aviation, marine, engineering and specialty risk.

We have placed a national airline's hull and liability cover for five years, with no declined claim. We also placed a major project insured above USD 3 billion, across several countries.