The vision is To Be The Best Government-Linked Company in Brunei Darussalam
While the mission are as follows:
The most trusted Takaful company in Brunei Darussalam with offices, branches and takaful desks presence all over the Sultanate. Offer Family takaful and General takaful products.
Established on 1993, under Company’s Act, Brunei (Cap 39), under the name Takaful TAIB Sdn Bhd. A subsidiary of Perbadanan Tabung Amanah Islam Brunei (TAIB). Started with Authorised Capital of B$10M and Paid up Capital of B$5M. In June 1997, changed its name to Insurans Islam TAIB Sdn Bhd. In 1998, increased its Authorised Capital to B$20M and Paid up Capital of B$10M.
In 2010, established 2 subsidiaries namely Insurans Islam TAIB Family Takaful Sdn Bhd & Insurans Islam TAIB General Takaful Sdn Bhd.
The products offered by its subsidiaries are as follows:
Insurans Islam TAIB Family Takaful Sdn Bhd
Offers savings and protection takaful products.
Insurans Islam TAIB General Takaful Sdn Bhd
Offers takaful products which protect assets and cover liabilities.
Our product ranges from retail to corporate and even cater for specialize risks.
Our markets comprise of retail, corporate and specialise risks with expertise in all the indicated areas.
Insurance/ Takaful Industry.
We have offices, branches and desks all over Brunei with offices as follows:
Unit 5, 6 & 7, Ground Floor
Suria Building, Kiulap
Bandar Seri Begawan
Kuala Belait Branch
Unit No 14, Block B
Pg Hj Ali Bersaudara Building
Jalan Jaya Negara
A major portion of our business in the General Takaful comes from Motor as it is regulated.
Company Goals & Objectives
Our goal is eventually to venture into international market in a few years time. To achieve the goal we have to:
Right on top of our company structure will be our Board of Directors. Our companies are headed by Managing Director who is assisted by the Assistant General Manager who eventually have a number of Department Heads reporting.
On top of that, we have various committees assisting the business and just to name a few the Management Committee, Syariah Advisory Committee, Audit Committee, Investment Committee, Product & Business Development Committee etc.
Comprise of around 160 employees. 100% local.
3rd March 1993
Opening of Takaful counters/ desks @ TAIB Beribi & TAIB Delima Filling Stations
Opening of Takaful counter/ desk @ TAIB Tg Bunut Branch
Launching of Special Siswa Takaful Plan for Orphans registered under thr Dana Duli Pengiran Muda Hj Al Muhtadee Billah
Opening of Takaful counter/ desk @ the Land Transport Department
Introduction of Group Family Takaful Plan
Launching of Sinar Takaful Plan
Move to its own office building @ Suria Building, Kiulap
Formation of subsidiaries:
Launching of Teachers Takaful Plan
Official opening of Head Office for Insurans Islam TAIB Family Takaful Sdn Bhd
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