This partnership will make customers more confident in Roojai.com, thanks to Krungthai Panich Insurance (Public) Co., Ltd. long-standing position in the Thai insurance landscape, and Roojai.com expertise in building affordable, reliable and simple insurance products, using technology and great customer service.
For over 62 years Krungthai Panich Insurance has been trusted by more than 14 million Thais.
Krungthai Panich Insurance Co., Ltd. is a subsidiary of Krung Thai Bank PCL, and was established on the 1st September 1953 under the name Ror Sor Por Insurance Co., Ltd., with a registered capital of Baht 3 million.
In 1995, the company had jointly invested with Krungthai Bank PCL, by holding 40% of ฿100 millions in registered capital and changed its name to Krungthai Panich Insurance Co., Ltd. In 2007, the company had increased its registered capital from ฿100 million to ฿110 million by issuance of 1 million of common stocks to the right offerings. Krungthai Bank PCL increased shareholding ratio from 40% to 45% of the ฿110 million registered capital.
Krungthai Panich Insurance offers a range of personal insurance products, including motor, personal accident, travel accident, residential and catastrophe, natural disaster, and golfer insurance products. The company also provides commercial insurance products, such as group motor and accident, group travel accident, engineering, fire, industrial all risk, catastrophe, business interruption, electronic device, public liability, hull, shipper’s responsibility, and marine and goods transportation insurance products. In addition, it offers motor and general claim services.