Vision

To be an organization dedicated to fostering and supporting the general insurance industry as a vital pillar that supports the nation’s sustainable economic and social systems.

Goal

To ensure the steady growth of the non-life insurance industry and strengthen its role as a key mechanism in enhancing economic and social resilience.

Mission

Mission 1

To strengthen confidence in the non-life insurance industry, enhance its capabilities, and promote socially and environmentally responsible operations.

1.1 Develop and disseminate insurance information and knowledge to promote an accurate understanding of insurance among the public and society.

1.2 Promote proactive communication through digital technology to expand effective channels for accessing insurance information.

1.3 Establish service standards for the industry to enhance public confidence and trust in the insurance system.

1.4 Strengthen competitiveness through innovation, insurance products, and proactive marketing.

1.5 Promote sustainable business practices in accordance with Environmental, Social and Governance (ESG) principles to create shared value and positive impacts on society and the environment.

Mission 2

To promote and support industry growth through innovation and technology, while strengthening the role of the industry as a professional risk manager for both the public and private sectors.

2.1 Encourage the adoption of digital technologies, such as InsurTech and Big Data, to enhance the efficiency of risk management.

2.2 Support the development of new insurance products that respond to emerging risks, such as natural disasters, cyber risks, and the digital economy, while ensuring that insurance products are appropriately tailored to the needs of different population groups.

2.3 Promote education, research, and innovation development in non-life insurance to enhance competitiveness.

2.4 Advocate for the integration of insurance into national strategic plans as a tool for managing risks across various dimensions of economic and social governance.

Mission 3

To drive policies, regulations, and infrastructure that facilitate the growth of the non-life insurance business.

3.1 Review and advocate for the revision of regulations that hinder business operations (Regulatory Guillotine), while introducing regulations that promote and support business expansion.

3.2 Promote a Regulatory Sandbox that supports the development of insurance innovation.

3.3 Improve investment criteria for insurance companies to provide greater flexibility and align with economic conditions, while also supporting business expansion into neighboring countries.

3.4 Support the development of the industry’s data infrastructure, such as a Centralized Data System.

Mission 4

To strengthen an insurance ecosystem that supports stable and sustainable business growth.

4.1 Promote the recruitment and development of talent for the non-life insurance business, while elevating professional knowledge standards toward excellence.

4.2 Foster collaboration among insurance companies to facilitate knowledge sharing and strengthen competitive capabilities.

4.3 Strengthen cooperation and maintain good relations with regulatory authorities and other relevant organizations.

4.4 Expand cooperation with international organizations to promote standards and best practices.