Thaiwiwat Holdings Public Company Limited, or TVH, reported first-half results for 2569, with profit for the period up 102% from the same period last year and insurance service performance growing more than 34%. Mr. Jiraphan Assawathanakul, Chief Executive Officer and President, said the growth came from higher sales driven by expanded channels and partners, as well as improved products and better underwriting quality from data-driven decision-making. The motor insurance group remains the core of Thaiwiwat Insurance, while the non-motor insurance group is a key growth engine. The company is moving forward with reshaping customer access into ecosystem solutions connected with partners across various industries. In the second half of the year, it will expand the non-motor business through product development that meets lifestyle needs, such as cancer insurance and accident insurance with Thairath Group, TVI Homie Care home fire insurance, and health insurance developed with TrueMoney. It is also applying AI to upgrade the end-to-end insurance process, from underwriting and claims to repairs, to increase efficiency, reduce operating costs, and lay the foundation for becoming a leader in InsurTech in Thailand.
Thaivivat Holdings Public Company LimitedFirst-half profit up 102% and insurance portfolio surges 34%
