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Thailand: LeapFrog and Lombard to invest in Thailand's SMK Insurance

Source: Asia Insurance Review | Feb 2015

LeapFrog Investments and Lombard Investments will each acquire approximately 11% of Syn Mun Kong Insurance Public Co Ltd (SMK), from Royal & Sun Alliance Insurance Plc. Founded in 1951, SMK is Thailand’s second largest automobile insurer and fifth largest general insurer.
 
SMK’s CEO Reungdej Dusdeesurapoj said: “We are delighted to partner with LeapFrog and Lombard, who together bring considerable business operating expertise to our firm. We expect to draw on LeapFrog’s unique experience in general insurance business in emerging markets, and access Lombard’s deep local market expertise in Thailand.”
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