Thai Life Insurance: Best Life Insurance Provider Thailand 2022
Thai Life Insurance continues to build on its 80-year legacy as the first public insurance company established by Thai nationals. The company is headquartered in Bangkok and engages with clients through multiple sales channels with 64,000 professional agents. The company is pursuing a 10-year vision that’s underpinned by strong corporate governance and a mandate to create value for all stakeholders. Digitalisation and diversification are key components of its sustainable business model. Thai Life Insurance is ramping up the e-commerce side of the business to complement the expansive national footprint it has established — now at 260 branches and customer service centres. The insurer prides itself on a fully inclusive strategy that covers all segments of Thai society and brings increasingly innovative products to market. It offers insurance products for every lifestyle and stage of life to provide financial security and stability for Thai families. Insurance plans cover everything from health, life and critical illness to investments, savings and taxes. It trains employees to embrace the corporate principles of care, compassion and trustworthiness. The company differentiates itself as an insurer that has remained true to its oriental heritage while also adopting the best practices from around the developed world. Thai Life Insurance has earned a AAA rating from Fitch and struck a strategic partnership with a Japanese insurer to expand into new markets and capitalise on fresh opportunities. The CFI.co judging panel announces Thai Life Insurance as the 2022 award winner for Best Life Insurance Provider (Thailand).
