FWD Insurance Thailand

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FWD Insurance Thailand - overview

Location

Bangkok, -, Thailand

Primary Industry

Insurance

About

Based in Thailand, FWD General Insurance Thailand (FWD Insurance Thailand) is a subsidiary of Bolttech that offers life and medical insurance, general insurance, and employee benefits. In July 2023, Knowledge Co. , Ltd. , a portfolio company of HDI Global and IFC Venture Capital, agreed to acquire FWD Insurance Thailand from Bolttech Digital Brokerage Singapore Pte.


Ltd. Following the transaction, FWD Insurance will be rebranded and renamed under the Roojai brand. As of 2023, the company served over 10 million customers across 10 markets. The company provides its product portfolio, which includes various insurance categories such as car, travel, personal accident, house, health, cancer, mosquito disease, and business insurance plans.


Customers can select from a range of options tailored to their specific requirements, ensuring they receive the right coverage for their individual circumstances. The firm also helps with filing claims, utilizing their online platform, or contacting their customer service team.


Current Investors

Roojai Company Limited

Primary Industry

Insurance

Sub Industries

Health Insurance, Commercial Insurance, Personal Insurance, Claims Administration & Processing, Life Insurance

Website

www.fwdgi.co.th

Company Stage

Add-on

Total Amount Raised

Subscriber access only

FWD Insurance Thailand - timeline of key events

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FWD Insurance Thailand - financials

Fiscal Year EndedDec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022
Revenue (USD)871,513,399659,449,434---
% Revenue Growth (YoY)-(24.3%)---
EBITDA (USD)(70,752,760)(39,467,752)---
Operating Income (USD)(82,922,436)(48,741,452)---
Operating Margin(9.5%)(7.4%)---
% EBITDA Margin(8.1%)(6.0%)---
NET Income (USD)(74,552,861)(48,119,398)---
% Net Margin(8.6%)(7.3%)---

FWD Insurance Thailand - employee data

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