Formation of Capital Taiyo Life
Capital Taiyo Life Insurance (CTLI) is a joint venture between CTLI’s predecessor, Capital Life Insurance, and Taiyo Life Insurance. Capital Life Insurance was founded in 2013 and it is one of the very first private life insurance companies established in Myanmar; Taiyo Life Insurance is the one of the largest Life insurance companies in Japan with over 100 years of history; the two entities formed a Joint Venture, Capital Taiyo Life Insurance, in November 2019 to provide high-quality products and services to its customers.
As of June 2020, CTLI operates in 5 regions with a network 13 branches, covering Nay Pyi Taw, Yangon, Mandalay, Sagaing and Mon. CTLI is one of the fastest growing life insurance companies in Myanmar with a healthy balance sheet and a strong management team; CTLI’s increasing network of physical branches provides interactive customer experience in urban area by offering door-to-door sales and face-to-face engagement with customers to uplift the knowledge and awareness of insurance products and services. CTLI’s partnership with financial institutions, leveraging on the strong network of Capital Diamond Star group (CDSG), and digital presence open doors to serve customers better across different markets in both rural and urban areas.
With robust corporate culture and strong ethical values, CTLI aims to be the leading life insurer in Myanmar, providing high-quality services to more customers by increasing physical presence as well as deploying innovative e-services and digital solutions.
Capital Taiyo Life Overview
Capital Taiyo Life is one of the new dynamic and progressive life insurance organizations in the emerging market of Myanmar. Capital Taiyo Life was formed in 2013 to provide life insurance products and programs to all the people of Myanmar with our commitment to being the most professional life insurer in the Country. We wish to support our clients with high quality services and protection, and establish a successful long term partnership.
Our team at Capital Taiyo Life brings together over 50 years of experience in the insurance industry in Myanmar as well as over 30 years of insurance knowledge from Asia and the world by bringing in the group of experienced insurance experts together. This allows us to deliver the most professional and innovative team to meet all your life insurance needs! We are committed to Professionalism, Integrity and providing Real Value to our Customers.
Strong Financial Ownership
Capital Taiyo Life was formed by a strong group of companies including Capital Diamond Star Group who represents all leading brands in Myanmar such brands as Premier (coffee, Cereal, & Milk powder) Armo (Agro-chemical) Capital Hypermarket, G&G Convenient Store Chain as well as representing global brand, Ford automotive.
By having a strong financial group behind Capital Taiyo Life. Our clients are assured of financial stability and a commitment to strong financial assurances when they insure their families’ insurance needs with Capital Taiyo Life. We have always met and exceeded all regulatory and reserve requirements set by the Insurance Business Regulatory Board (IBRB) of Myanmar which allows us to sell products that meet our clients’ needs while bringing the financial security to the venture.
Our ownership group is committed to build one of the leading life insurers in Myanmar while maintaining and continuing to be one of strongest financial insurers in the insurance industry.
Capital Taiyo Life's Distribution and Products
We currently are working on multiple distribution channels as well as working with the Insurance Business Regulatory Board (IBRB) to develop new products for the market. We have established our offices in Yangon, Mandalay, Nay Pyi Taw, Monywa, Mawlamying , Pyay , Pathein and we plan to reach every state and division by 2020.
- In-house Sales staff
- Affiliated Associations
- Microfinance Companies