Thanachart Insurance unveils 2018 profits

Breaking News March 14, 2019 23:03

By The Nation

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Thanachart Insurance has unveiled its business results for 2018 which showcase a net profit of Bt1.042 billion and gross written premiums of Bt7.987 billion, an increase of 6.4 per cent year on year.



To support its future business growth, the company said it has increased its registered capital to Bt4.93 billion. 

In 2019, the company said it is prepared to continuously expand its business through customer segmentation designed to meet clients’ various needs, the introduction of service innovations to create an impressive customer experience and by elevating service efficiency for maximum convenience.

Perapart Meksingvee, managing director, said: “Thanks to its commitment to developing a variety of products to meet the different needs of customers and to elevating service quality, Thanachart Insurance is well trusted by its clients as evidenced by over 1.5 million insurance policies. Service satisfaction is ranked at 86 per cent and has contributed to the company’s success.”

Thanachart Insurance has taken steps to enhance its service innovations in a move that it says aligns with the modern consumers’ preference for the digital lifestyle. 

This year, Thanachart Insurance aims to provide greater accessibility and attract new customers from various segments as it moves forward with distribution expansion and business partnerships that go beyond expertise and customer experience. The partnership with emerging local startups, namely Drivemate, an online car rental platform; Digital Butler, a platform for home and condominium management; and TripBuddy, a platform that functions as a personal assistant to travellers, reflects the passion for and commitment to using technology and innovations to develop new consumer-driven products and services, fulfilling consumer preferences and needs in efficient and convenient ways.

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