Muang Thai Life Assurance PCL. () is a Thai
life insurance
Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract
A contract is an agreement that specifies certain legally enforceable rights and obligations pertaining to two or more parties. A contract typical ...
company based in
Bangkok
Bangkok, officially known in Thai language, Thai as Krung Thep Maha Nakhon and colloquially as Krung Thep, is the capital and most populous city of Thailand. The city occupies in the Chao Phraya River delta in central Thailand and has an estim ...
. The company’s headquarters is at street no. 250,
Ratchadaphisek Road,
Huai Khwang.
History
The company was officially founded on 6 April 1951. The first headquarters of the company was on Suapa Road, Bangkok. One of the founders was
Chulind Lamsam, Managing Director, along with business associates and high-ranking officers in the government sector. The company served as a source of fund for the government sector. Also the company offered long-term savings. This helped in the efforts to develop economic, trade and industrial sectors of the country.
The company was the first life insurance company to be appointed under the
royal patronage of King
Bhumibol Adulyadej
Bhumibol Adulyadej (5 December 192713 October 2016), titled Rama IX, was King of Thailand from 1946 until Death and funeral of Bhumibol Adulyadej, his death in 2016. His reign of 70 years and 126 days is the longest of any List of Thai mo ...
, which entitled the company to bear on all company’s documents the royal
Garuda
Garuda (; ; Vedic Sanskrit: , ) is a Hindu deity who is primarily depicted as the mount (''vahana'') of the Hindu god Vishnu. This divine creature is mentioned in the Hindu, Buddhist, and Jain faiths. Garuda is also the half-brother of the D ...
emblem. Muang Thai Life Assurance was also the first life insurance company that attained the International Standard Certification
ISO 9001:2000.
The company continued to grow and in the year 2010 had a countrywide network of more than 250 branches, including agency offices. The chairman was
Photipong Lamsam, Sara Lamsam was Director- President and Chief Executive Officer.
References
External links
Homepage of Muang Thai Life Assurance
Companies based in Bangkok
Thai Royal Warrant holders
Financial services companies established in 1951
1951 establishments in Thailand
Life insurance companies
Insurance companies of Thailand
Thai brands
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