Advance MLC Assurance Co., Ltd. is a joint venture between Kaset Rungruang Co., Ltd., a company in the Soon Hua Seng Group, and Australia’s MLC Limited. MLC in Australia is owned by the National Australia Bank. Advance MLC was incorporated on 12 April, 2000 with a registered capital of THB 500 million and has recently commenced operations. It was formed to provide and distribute life insurance and funds management products in Thailand.
Products and Services
Life Insurance, Personal Funds Management and Corporate Funds Management. Product packages include Master Goal, Master Care, Advance Heritage 20, My Child and Millennium Woman and Master Plan.
Ownership: Thai 75%, MLC Limited (Australia) 25%.
Chairman: Khun Pracha Jarutrakulchai
Vice Chairman: Mr. Leigh Watson
Directors: Khun Yothin Dumnernchanvanit, Khun Trirat Dumnernchanvanit, Khun Saimai Dumnernchanvanit, Mr. Terrence Baker, Khun Kulthida Sukswasdi, Khun Athaporn Khaimarn
Chief Executive Officer: Khun Trirat Dumnernchanvanit
Chief Operating Officer: Mr. Geoff Rogers
Chief Actuary: Mr. Paul Caputo