The company's partner units

TSI Insurance (Thailand)
TSI Insurance is Thailand’s first insurance company to be publicly listed on the securities market, with a distinguished history spanning 78 years. Recently, the company relocated its headquarters to the prestigious All Seasons Place, 15 Witthayu Road, Pathum Wan District, Bangkok.

On October 10, 2019, at precisely 10:10 AM, an auspicious time, TSI Insurance’s executive leadership organized a Buddhist blessing ceremony at the new headquarters. The ceremony, led by the revered monk Venerable Phra Arjarn, sought blessings for a seamless relocation and prosperity for both the company and the community.

The event was attended by over 100 distinguished guests, including former Prime Minister of Thailand, Mr. Sanan Suthinthorn, along with key figures from the political and business sectors. Venerable Phra Arjarn conducted the traditional Buddhist prayers and a holy water blessing ceremony, symbolizing good fortune and the company’s commitment to creating greater value for society.

TSI Insurance offers a comprehensive portfolio of insurance solutions, including fire insurance, engineering insurance, marine insurance, yacht insurance, automobile insurance, and personal liability insurance. The company is also preparing to actively engage in initiatives under the Belt and Road framework and align with Thailand’s regulatory emphasis on digital transformation within the insurance industry.策。

Main direction of cooperation

Digital Transformation

Providing digital solutions to TSI Insurance to optimize business processes and enhance operational efficiency.

Big Data and Artificial Intelligence

Leveraging data analytics and AI technologies to support intelligent pricing, risk assessment, and other critical processes in the insurance sector.

Enhancing Customer Experience

Utilizing information technology to improve customer service experiences, including intelligent customer support, online insurance purchases, and expedited claims processing.

TSI Insurance: Market Position and Needs

TSI Insurance holds significant market influence in the fields of health insurance, property insurance, and commercial insurance.

In the face of increasing competition and diverse customer demands, TSI Insurance must leverage information technology to strengthen its core competencies. Collaboration can contribute to enhancing operational efficiency, improving risk management capabilities, and fostering the development of innovative insurance products.

Areas of Collaboration

1. IT Infrastructure Development

o Implementation of cloud services, network security solutions, and business system integration.

2. Insurance Technology Platform Development

o Creation or enhancement of digital platforms for customers and insurance agents to improve service delivery and engagement.

3. Data-Driven Decision Making

o Utilizing data mining and modeling to support risk management, market forecasting, and customer segmentation.

4. Joint Innovation

o Collaborating on emerging areas such as green insurance and tech-driven insurance to develop new products.

Industry Significance

The partnership will advance the use of data-driven solutions within the insurance industry and provide a roadmap for other insurers embarking on digital transformation.

By integrating resources and fostering technological collaboration, this partnership aims to propel the industry towards greater intelligence, personalization, and operational efficiency.