The History of Asia Insurance 1950 Public Co.Ltd.

The company was established in 1950 as an insurance company under the Asia Trust Group with a paid capital of 30 million baht.
On September 9th 2003, a group of experts in the insurance trade led by Julpayap Srikanjana became shareholders and built “Asia Insurance” as an insurance company introducing innovations to the insurance business.

In 2005-2006, Asia Insurance 1950 developed a new innovation insurance policy for motorists in Thailand and became the generic name in the industry. The ASIA 3+ was a new sensation that added variety to the insurance business and Asia Insurance was recognized as an innovative insurance company.
In 2007, Asia Insurance 1950 received 1st place, The Gold Award for Best Marketing Campaign from the Marketing Association of Thailand (MAT) Awards 2007 in the category of Creative Marketing Concepts, followed by the opening of Asia Insurance BTS Skytrains gave a complete full service directly to the consumers. Meeting the younger generation’s lifestyle need of quick and convenient and true desires of all consumers.

On December 23 2008, DEG (KFW) the No.1 development bank for business in Germany and also one of the top banks in Europe made a joint venture agreement with Asia Insurance 1950 to share the objective of developing the company’s insurance business to acquire the capability and potential in expanding and building financial stability. Our company currently has a registered capital of 199 million baht.

On February 6 2013, Asia Insurance 1950 became a public company as “Asia Insurance 1950 Public Co. Ltd.”, a step towards further greatness and a solid foundation.


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