Thailand
FairDee Insurtech, the Thailand subsidiary of Qoala Group, is a rapidly growing venture-backed regional insurance technology (insurtech) startup with a mission to provide affordable and personalized insurance protection to millions of underinsured individuals across South East Asia. The company focuses on empowering small independent insurance agents with a digital insurance platform in Thailand, and collaborates with partner insurers to create innovative and targeted insurance products for consumers.
Established in 2018, FairDee has successfully raised over USD65 million and secured backing from Tier 1 VC investors including Sequoia Capital, Flourish Ventures, and MDI Ventures. The company's leadership team comprises individuals with notable success in high-growth companies such as Traveloka, Practo, and OVO, as well as experience in firms like BCG, Bain, and Citibank.
As part of the Qoala Group, which operates across Thailand, Indonesia, Malaysia, and Vietnam with an engineering hub in India, FairDee is positioned as South East Asia’s largest omnichannel insurtech. The company's commitment to leveraging technology and innovation to address the insurance needs of diverse communities underscores its potential for impact and growth.
