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Company History
With
paid up capital of five (5) million baht, the Viriyah
Insurance was established on February 3, 1947 as
Asiatic Distribution Co., Ltd. Which provided Fire and
Marine Insurance services under an effective management
team led by Khun Prapai Viriyahbhun, its office was
located on Krungkaseam Road, ProbPrab District.
In 1981, The company then extended its business to
incorporate automotive and miscellaneous insurances.
In
1982, the company was renamed to The Viriayh Insurance
Company in order to honor and give recognition to
previous business interests, the Viriyah Panich, which
is the manufacturer and distributor of the renowned
Pla-Tapien Lacquer and Viriyah cough syrup. These
companies still remain in business today.
Since
then, the Viriyah has rapidly grown and gained high
recognition from the Thai people and in 1989, the
reliability of the Viriyah was exemplified through it
achieving the highest market share in the local market.
The Viriyah Insurance has also maintained the highest
market share over the last fifteen (15) years.
Through
determination and its devotion to the Thai people, the
company further extended its branch network in 1993 to
include a major office complex on Ratchadapisek Road,
thus bringing it into the heart of the business centre
area.
The Viriyah at present
Following
its inception sixty (60) years ago, the company is
now recognized as the leading insurance company in
Thailand and has achieved this position for the last 15
years. The company offers a wide range of insurance
products developed and designed based upon the needs of
its customers.
In
addition, the company continues to apply a policy of
social activities and contributions to both public and
private sector projects which are designed to improve
the quality of life for the Thai people.
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