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

FWD Insurance Thailand - financials
| Fiscal Year Ended | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 |
|---|---|---|---|---|---|
| Revenue (USD) | 871,513,399 | 659,449,434 | - | - | - |
| % 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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