Spending power
TheGrid Corporate Spending Power index would rate purchasing capacity from registry, scale and activity signals.
Spending power
Brand profile · Insurance
Kuala Lumpur-based SP&G Gallagher Insurance Brokers operates in Insurance. A partnership, at spggib.com.my. It holds two addresses on record, all in Malaysia. It employs 33 people, on the record. Its latest round on record is Corporate round, with no amount recorded. It is listed alongside ten similar brands, mostly in Insurance.
Our company was initially setup in 1974 as a joint-venture company comprising of Malaysian bumiputra company, Sharikat Permodalan Kebangsaan (SPK) and a well known London Lloyds brokers called CT Bowring Insurance.
In 1980, CT Bowring was later acquired by Marsh & McLennan and as a result of that acquisition, our company’s name was changed to SPK Bowring Marsh & McLennan.
In 1999, as a result of this latest acquisition by Marsh of Johnson & Higgins , the local shareholders of our company decided to buy out the equity of Marsh & McLennan, thus creating a totally Malaysian owned insurance broking company and changed its name to SPK Insurance Brokers Sdn Bhd.
In 2003, SPK disposed its shareholding in the company and our name was changed to SP&G Insurance Brokers Sdn Bhd.
In 2019, Arthur J Gallagher an internationally reknown insurance brokers acquired a substantial minority stake in the company.
| Countries | 1 |
|---|
All codes: MY
| Rounds | 1 |
|---|---|
| Axis | 2020 to 2026 |
| Corporate round · 6 Feb 2020 | not disclosed |
Dated rounds only. The axis ends at the date this profile was last observed, not at today.
TheGrid Corporate Spending Power index would rate purchasing capacity from registry, scale and activity signals.
Spending power
Hiring, headcount and registry-change signals, streamed to members.
Registry-filed capital and financial indicators, standardised by TheGrid.
4 employee profiles on record · names withheld.
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33 counted staff profiles at January 2026, inside the self-reported 11–50 band.
Two addresses on record, Malaysia only. Primary: 4Th Floor, Menara Yayasan Tun Razak, No. 200, Jalan Bukit Bintang, Kuala Lumpur, Kuala Lumpur 55100.
One round. Latest 6 February 2020: corporate round, investor Gallagher, no amount recorded.
13 profiles list SP&G Gallagher Insurance Brokers Sdn Bhd as a peer. It lists ten peers of its own. BIB Insurance Brokers Sdn Bhd (Malaysia) and Lockton Sime Insurance Brokers Sdn. Bhd. list it back.