Safety Insurance Public Company Limited was incorporated on 12 September 1941 with an initial registered capital of THB 1,000,000.
Safety Insurance was one of the pioneering non-life insurers in the industry. Luang Prajerd Aksornlak chaired the first Board of Directors while Khun Luis Phanomyong became the Company’s first Managing Director.
The Company operated from its Headquarters on New Road, Bangkok. On 21 March 1977, the Company became listed on the Stock Exchange of Thailand (SET) and became a public limited company on 17 August 1993.
The Company was delisted from the Stock Exchange of Thailand (SET) on 31 October 2008.
During 2014, the ultimate parent company of Safety Insurance was Insurance Australia Group Limited, incorporated in Australia. The Company’s major shareholders were NHCT Limited (50% shareholding) which was incorporated in Thailand and IAG International Pty Limited (49% shareholding) which was incorporated in Australia.
The principal activity of the Company is the operation of non-life insurance.