Lanta & News
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National

Falcon Insurance Marks Thai New Year with Auspicious Opening of 6th Branch in Nakhon Sawan

Falcon Insurance opened its sixth branch in Nakhon Sawan province following Thai New Year, targeting growth in the lower northern region with plans for 30% premium expansion while leveraging AI technology to enhance operations.

Falcon Insurance Marks Thai New Year with Auspicious Opening of 6th Branch in Nakhon Sawan
28 Apr Khaosod

Falcon Insurance Public Company Limited marked an auspicious occasion after Thai New Year by officially launching its new branch in Nakhon Sawan province to reinforce its position in the lower northern region. The province serves as a strategic junction connecting the upper-central and northern areas, functioning as a logistics and SME business hub with a well-distributed economic structure encompassing agriculture, manufacturing, and services.

Falcon Insurance is pursuing business growth and sustainability under the guiding principles of Fairfax Financial, a globally strong financial institution. The company is expanding into high-potential strategic areas nationwide, with comprehensive insurance underwriting capacity increased by over 300%. Falcon aims for a sustainable 30% premium growth in 2569 while maintaining quality standards and leveraging AI technology to enhance speed, accuracy, transparency, and fairness in operations.

Sophaa Kanjanarint, Chairman and Chief Executive Officer, stated: "With external factors and inflation impacting businesses and households, building confidence through a stable insurance system is crucial for economic progress. The Nakhon Sawan branch opening represents a key strategy to expand service coverage across the economically high-potential lower northern region. Falcon Insurance is committed to bringing expertise in risk management and diverse insurance products to serve the region's community and business sectors."

Ekkathada Attanon, Senior Manager of Falcon Insurance's Nakhon Sawan branch, added that the team is fully prepared to serve customers in Nakhon Sawan and neighboring provinces including Uthai Thani, Chai Nat, Kamphaeng Phet, Phichit, and Phitsanulok. The branch offers comprehensive expertise across vehicle insurance, fire insurance, accident and health insurance, third-party liability insurance, and cargo transport insurance, with world-class service standards and complete insurance coverage.

Despite current economic challenges, Falcon Insurance maintains strong financial confidence as part of the Fairfax group, which achieved record-breaking results in 2025 with net profit exceeding 4.8 billion USD (approximately 151.35 billion baht) and an AA- credit rating from S&P. Fairfax plays a vital role in transferring knowledge and operational standards across insurance underwriting and risk management practices.

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