Company Profile

Our History & Purpose

Phongsavanh Insurance (APA) Co., Ltd., was set up in 2016. It is part of the Phongsavanh Group of Companies and the only 100% privately-owned composite insurer in the Lao PDR. A composite insurer is licensed to sell both general insurance (health, motor, property, travel etc.) and life insurance. Since APA sold its first insurance policy in April 2017, it has continued to go from strength to strength and is ideally positioned to help improve the Lao people’s quality of life.

APA Life Insurance capital registration is 17 billion Lao kip, and APA General Insurance capital registration is 17 billion Lao kip.  We have a team of insurance professionals ensuring that APA places the customer at the center of everything we do.

Phongsavanh Insurance (APA)’s vision is to create a reputation of professional insurance Company with customer core values at the heart of its operation and to deliver first class service in all our actions with clients. Phongsavanh Insurance (APA)’s mission is to be the preferred and trusted innovative Insurance Company in Laos

Phongsavanh Insurance (APA)’s goals are to:

“Make products available for All”
“Make products accessible for All”
“Make products affordable for All”

Phongsavanh Insurance (APA has a comprehensive and market-leading product range available to local consumers and expatriate residents:

  1. EZY LIFE INSURANCE
  2. HEALTH INSURANCE
  3. CRITICAL ILLNESS INSURANCE
  4. CANCER INSURANCE
  5. PROPERTY INSURANCE
  6. PERSONAL ACCIDENT INSURANCE
  7. TRAVEL INSURANCE
  8. CREDIT LIFE INSURANCE
  9. MOTOR INSURANCE
  10. MOTORCYCLE INSURANCE
  11. PUBLIC LIABILITY INSURANCE
  12. CONSTRUCTION INSURANCE
  13. GOOD IN TRANSIT INSURANCE
  14. PROFESSIONAL INDEMNITY INSURANCE
  15. MONEY INSURANCE

Health is a core part of Phongsavanh Insurance (APA)’s proposition, to protect the wellbeing of Lao citizens and expatriate community. We provide market-leading Health Insurance for individuals, families and corporate customers. It offers a number of coverage levels, cashless access to the leading hospitals and clinics in Laos and Thailand, and a number of unique benefits.

All of Phongsavanh Insurance (APA)’s products can be bought in one of three ways. The first is directly through our team of professional Financial Consultants, who can be contacted through Phongsavanh Insurance (APA)’s  Hotline at 1677 or by visiting our offices. Alternatively, consumers can buy through the nationwide network of highly-knowledgeable insurance agents that we partner with. APA’s products can also be bought at all branches of Phongsavanh Bank. Later in 2021, we shall be providing greater accessibility for consumers when products can be purchased online and via their smartphone.

Please don’t hesitate to contact Phongsavanh Insurance (APA) Co Ltd., for further information.