Bao Long Insurance Corporation
UUPCOM:BLI8,000.00
VND
0.00
(0.00%)
Bao Long Insurance Corporation
UPCOM:BLI
(Unlisted Public Company Market)
Recent
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8,000.00
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div
yld
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ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Bao Long Insurance Corporation provides non-life insurance, reinsurance, and financial risk solutions to individual, commercial, and institutional clients across Vietnam. The company operates through several core business segments: Motor Vehicle Insurance, offering compulsory third-party liability coverage, comprehensive vehicle physical damage insurance, voluntary civil liability protection, and driver and passenger accident coverage; Personal and Health Insurance, providing individual and group medical plans, comprehensive healthcare coverage, 24/7 personal accident policies, student and educator accident insurance, and international health insurance programs such as Asia Care Plus and Bao Tam An in partnership with LUMA; Travel Insurance, delivering domestic trip insurance and overseas travel protection policies including SOS Global Travel and Golden Travel; Property and Engineering Insurance, encompassing residential home insurance, commercial fire and explosion coverage, industrial all-risk protection, construction and erection all-risks insurance, and machinery breakdown coverage; Marine and Cargo Insurance, providing ocean and inland waterway cargo transit insurance, hull and machinery protection, and shipowner civil liability coverage; and Liability and Specialty Insurance, supplying public liability, employer liability, product liability, and agricultural risk coverage. In addition to primary insurance underwriting, the company conducts inward and outward reinsurance cessions and manages financial investments. In recent developments, Bao Long Insurance Corporation is executing its 2023–2027 strategic development plan, focusing on digital modernization, operational risk management, and governance enhancements aligned with Vietnam's amended Law on Insurance Business. The company has expanded its distribution network by broadening bancassurance partnerships, integrating digital sales channels across major mobile payment and e-commerce platforms, and deploying digital policy issuance alongside streamlined online claims processing systems to improve underwriting efficiency. Founded on July 11, 1995, as Nha Rong Insurance Joint Stock Company before rebranding to Bao Long Insurance Joint Stock Corporation in 2012, the company is headquartered in Ho Chi Minh City, Vietnam, and operates a nationwide service network comprising dozens of member branches, transaction offices, and authorized insurance agencies.