BRANDING STORY

2008: Vinacomin – SHB Insurance Joint Stock Company was established

2008 – was a year full of difficulties and challenges for most Vietnamese businesses as the global and Vietnamese economy experienced many complicated developments. It was during difficult time that Vinacomin – SHB Insurance Joint Stock Company (abbreviated as SVIC) was established on December 10, 2008 as a result of the effort and enthusiasm of the Vietnam National Coal – Mineral Industries Holding Corporation Limited (TKV), Saigon – Hanoi Commercial Joint Stock Bank (SHB), T&T Group Joint Stock Company and other shareholders in their desire to participate and contribute in strengthening the Vietnam insurance market.

2011: Changed name to SHB – Vinacomin Joint Stock Insurance Corporation

On 20/3/2011, our company changed name to SHB-Vinacomin Joint Stock Insurance Corporation, transformed 14 branches into 14 member companies. The change in system size helped the Corporation to be on par with other insurance companies when providing insurance services of great value, created favorable business conditions and was more suitable with the scale and development scope of the corporation in the new stage, improving the management role of our company and our subsidiaries.

2013: Changed name to Saigon – Hanoi Insurance Corporation (BSH)

On September 5, 2013, our company changed its name to Saigon – Hanoi Insurance Corporation (BSH for short name). Inheriting and promoting the core values ​​of the business, BSH is committed to sustainable development, ensuring the legitimate interests of customers, the interests of shareholders and contributing to the development of the community.

With the desire to serve customers better and expand business scale, BSH aims to be in the Top 5 largest non-life insurance companies in Vietnam by 2023, to be at the forefront in the application of technology information on operating processes, improving customer experience, providing many useful products and services, gradually reaching international markets.

Shareholders contribute strong capital in finance

Being established by founding shareholders with strong financial potential such as Vietnam National Coal – Mineral Industries Holding Corporation Limited (Vinacomin), Saigon – Hanoi Commercial Joint Stock Bank, T&T Group Joint Stock Company, … helped BSH to be financially stable and strong to step by step develop and consolidate a solid foundation in the Vietnamese non-life insurance market.

Enterprise in a multidisciplinary ecosystem

BSH is in an ecosystem of multidisciplinary businesses in such as Insurance, Finance, Securities, Industry, … chaired by Entrepreneur Do Quang Hien. As a result, BSH has fitted customers’ needs by maximizing value of bundle product-service in the ecosystem.

An insurance corporation with 12 years of experience

Over the past 12 years of development, BSH is increasingly asserting its position in the non-life insurance market in Vietnam, providing many practical and useful insurance products for customers in almost all markets non-life insurance, such as: Motor Vehicle Insurance, Personal Insurance, Property Insurance, Engineering Insurance, Liability Insurance – Combination, Marine Insurance, …

The business network spans the whole country

Currently, BSH has 48 subsidiaries and nearly 90 sales offices operating in most regions and provinces nationwide.

Young and enthusiastic staff

With a team of more than 1,600 enthusiastic, young and experienced staffs, BSH Insurance is always ready to serve and take care of customers nationwide in the most thoughtful way.

Market position

BSH aims to be in the Top 5 largest non-life insurance companies in Vietnam by 2023.

Service quality

BSH constantly strives to bring diversified and useful products, focusing on improving customer experience, meeting the ever-increasing needs of the market. Thereby, step by step improving the service quality of the Vietnam Non-life Insurance industry.

The orientation of BSH

BSH wishes to contribute to the cause of national construction and development. With a team of experienced, enthusiastic and professional staff, BSH believes in becoming a reputable and reliable companion of all customers and partners, joining hands to build a prosperous society, development safely and sustainably from today.