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Bangkok Post
Bangkok Post
Business

FORGOTTEN HISTORY: Insurex targets b10bn in premiums - The Untold Story

Thailand's transition to a fully aged society combined with the continued expansion of the middle class is creating strong demand for health insurance, critical illness coverage, retirement-focused products, and long-term financial planning solutions, says Ms Napatcha.

InsureX, the life and non-life insurance broker wholly owned by Siam Commercial Bank, has set an ambitious growth strategy aimed at expanding its customer base to 1 million to achieve total premiums of 10 billion baht by 2030 as it transitions from a traditional brokerage model to a protection advisory business.

The move follows a rebrand from SCB Protect to reflect how the company engages with customers in an increasingly complex financial and insurance landscape, said chief executive Napatcha Pongwattanakitkul.

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