- CEO
- Nawarat Wongthitirat
- Full Time Employees
- 296
- Sector
- Finance
- Industry
- Insurance brokers/Services
- Address
- 100/22, Sathorn Nakorn Tower Bangrak BM Thailand 10500
- IPO Date
- Feb 17, 2023
- Business
- BlueVenture Group Public Company Limited, founded in 2000 and headquartered in Bangkok, Thailand, develops and provides software platforms and applications for motor insurance claims management, including AI-powered solutions, in Thailand with expansion focus in Southeast Asia. The company offers core products such as AI Review and AI Estimate for automated damage assessment and claims settlement; Claim Notification Suite comprising m-Survey, e-Survey, and Carmate mobile applications for accident reporting and policyholder services; Claim Settlement Suite including e-Claim SaaS platform, e-Part for auto parts ordering and management, and e-Auction for vehicle salvage auctions; Garage Management solutions like e-Catalogue for parts and labor pricing, e-Garage for repair workflows, and m-Service mobile app for service providers; and Enhancement Modules such as VDO Call, Photo Guide, and Business Intelligence dashboard. Through wholly-owned subsidiaries BlueVenture TPA Company Limited, which delivers third-party administration services for healthcare benefits and claims management including consulting and TPA Care mobile app; BlueVenture Actuarial Company Limited, providing actuarial consulting for life and non-life insurance; and BlueVenture Tech Company Limited, offering IT innovation, digital platforms, system development, and maintenance services including IFRS 17 compliance tools, the group serves insurance companies, garages, surveyors, parts suppliers, towing firms, self-insured corporates, and healthcare networks primarily in Thailand. The company, a subsidiary of Thai Reinsurance Public Company Limited, changed its name from EMCS Thai Co., Ltd. in July 2022, converted to a public company in 2022, completed an initial public offering of 157.50 million shares in February 2023, and listed on the Stock Exchange of Thailand's mai market under ticker BVG.BK on February 17, 2023; it processes over 2 million claims transactions annually, supports all top 10 Thai motor insurers covering 97% of voluntary policies, and maintains a network of approximately 4,000 service partners nationwide.