Millea Life, a company in Tokio Marine Group, is a Thai-Japanese joint venture life insurance Company in Thailand. Our business partners comprise of 2 reputed strong financial corporations namely - Tokio Marine Group and BankThai.
With a sound combination of our international network and local expertise, we are committed to provide the highly innovative life insurance products that bring Peace of Mind and Safety to the Thai families. As we pride ourselves in building and earning the customer trust, we are striving “To provide best life insurance solutions to corporate and individual clients in Thailand”.
Apart from business performance and targets;- Millea Life, a company in Tokio Marine Group which is one of the largest insurance groups in Japan and one of major insurance groups in the world, also focuses on its responsibilities to Thai society through CSR projects such as Scholarship Granting to Thai students and Mangrove Project which has been operated continually for years. Millea Life will continue contributing to society as it is its determination.
In 1997: Millea Life Insurance (Thailand) Public Company Limited. “Millea Life”, a company in Tokio Marine Group, was established to operate Life Insurance Business in Thailand. The company was born under name “Thai Charone Insurance Public Company Limited” and changed its name to Millea Life Insurance (Thailand) Public Company Limited “Millea Life” after joint venture in 2001 between Thai Charone Insurance Public Company Limited and Tokio Marine and Fire with the determination to expand its business and “Peace of Mind and Safety” to Thai Society in term of life insurance and general insurance.
In 2001: after joint venture, Millea Life became only one Thai-Japanese joint venture Life Insurance Company in Thailand with aiming to operate business in Thailand according to its philosophy “With Customer Trust at the base of all our activities, we are committed to the promotion of affluent and comfortable Society and Economic progress through providing “Peace of Mind and Safety”
In 2002: Tokio Marine and Fire was restructured its organization with the purpose to efficiently expanding its business worldwide (see organization). The restructuring in 2002 was the beginning of Tokio Marine Holdings and Head of Regions, including TM Asia which is located in Singapore under name “Tokio Marine Asia or “Millea Asia” as its previous name. The responsibilities of Tokio Marine Asia is to supervise group companies in Asia and Oceania suchas a group companies in Thailand (Millea Life and The Srimuang Insurance), Hong Kong, Taiwan, India, Oceania and Sino Life (Shanghai). The name change of Tokio Marine Asia from Millea Asia to Tokio Marine Asia “TM Asia” was announced in 2006 according to its branding restructuring purpose.
In 2003: Millea Life expanded its line of business to individual business after having its Group Insurance business started for years before. In the same year, Millea Life also launched its bancassurance business by entering into business alliance with Bank Thai “Bank Thai”, a commercial bank in Thailand that was established in 1998 with the determination in providing service “Every heart at Bank Thai is determined to build a good bank for the nation”.
In 2004: Tokio Marine and Fire merged with Nichido Fire. After the merging, the company changed its name to Tokio Marine and Nichido Fire “TMNF” and has become the largest non-life insurance company in Japan. Currently, Tokio Maine group is one of the largest insurance groups in Japan and one of major insurance groups in the world.
Currently, Millea Life has provided Peace of Mind and Safety to Thai society through its valuable life insurance products via various channels such as ;- Group, Agent, Broker, Telemarketing and Bancassurance.
With our vision “To provide best life insurance solutions to corporate and individual clients in Thailand”, Millea Life’s priority and focus is client trust and satisfaction by providing and serving service according to its Core Value: Be Trusted, Be Considerate and Be the Only One.