Tasco Insurance
Bảo hiểm Tasco is a Vietnamese non-life insurance company and Tasco Group subsidiary, operating 35 branches across 34 provinces with vehicle insurance as its core product, distributed through an integrated automotive ecosystem spanning Savico dealerships, VETC toll, and Carpla service workshops.
- Company typePrivate
- Founded2022
- HeadquartersHanoi, Vietnam
- Headcount1,001–5,000
- GTM typeB2B and B2C
- OfferingServices
What Tasco Insurance does
Bảo hiểm Tasco is a Vietnamese non-life insurance company operating as a wholly-owned subsidiary of Tasco Group (Công ty cổ phần Tasco), established in December 2022 through the rebranding of acquired Groupama Vietnam. The company is licensed by the Vietnamese Ministry of Finance and operates across nine product categories: vehicle, human, property, cargo, engineering, liability, marine, hybrid, and travel insurance, with vehicle insurance as the core focus. It distributes through a multi-channel model including 35 branches and 1 business center across 34 provinces, 650+ authorized showrooms and garages, 30 rescue centers, and 200 customer service centers, supplemented by the Tasco360 mobile application and online self-service platform.
The company's core differentiator is its '1 điểm chạm' (one-stop-shop) service model, enabled by integration with the broader Tasco ecosystem: Savico (75 automotive showrooms), VETC (electronic toll collection), Carpla Service (vehicle maintenance), VETC Go (vehicle rental), and Tasco Auto (vehicle distribution). Strategic partnerships signed in 2026 with Grab Vietnam (green transportation/EV coverage), MSB Bank (bancassurance), Kim Long Motor Huế (commercial vehicles), and MT Luxury Car (luxury vehicles) extend the distribution and product surface.
Revenue is generated primarily through recurring annual insurance premiums across motor vehicle (mandatory TNDS and voluntary), property, life/health, and other non-life lines, with secondary revenue from claims management services and ecosystem referral fees. H1 2026 revenue reached 1,379 billion VND against a stated full-year 2026 target of 3,000 billion VND, supported by a 612 billion VND capital injection from Tasco in 2023, motor vehicle claims ratio of 64.4%, and overdue debt ratio of 0.2%. The company is privately held under a limited liability company structure with no public listing.
Tasco Insurance firmographics
Firmographics- Name
- Tasco Insurance
- Legal name
- Công ty TNHH Bảo hiểm Tasco
- Website
- https://baohiemtasco.vn
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Bảo hiểm Tasco is a Vietnamese non-life insurance company and Tasco Group subsidiary, operating 35 branches across 34 provinces with vehicle insurance as its core product, distributed through an integrated automotive ecosystem spanning Savico dealerships, VETC toll, and Carpla service workshops.
- Ownership category
- akta.pro rank
Where Tasco Insurance is headquartered
LocationHeadquarters
- HQ city
- Hanoi
- HQ country
- Vietnam
- HQ region
- Asia
Offices10 records
Markets served
Tasco Insurance business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure, Supply Chain
Revenue model
- Insurance Premium Collection: Collection of insurance premiums from policyholders across motor vehicle insurance (mandatory TNDS and voluntary), property insurance, life/health insurance, and other non-life insurance products. Revenue recognized upon policy issuance with claims costs managed through reinsurance arrangements.
- Claims Management and Reinsurance: Management of insurance claims including vehicle damage assessment, repair coordination through linked garages, and claims settlement. Reinsurance arrangements help manage large claim exposures.
- Service Fees from Ecosystem Partners: Revenue generated through referral fees and service commissions from integrated ecosystem services including vehicle maintenance (Carpla Service), toll collection (VETC), and financial services through banking partners.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Mandatory TNDS Motor Vehicle Insurance (Bảo hiểm TNDS bắt buộc) |
| Subscription | Annual | Voluntary Physical Damage Insurance (Bảo hiểm Vật chất xe) |
| Subscription | Annual | Passenger Accident Insurance (Bảo hiểm tai nạn người ngồi trên xe) |
| Subscription | Annual | Cargo Liability Insurance (Bảo hiểm TNDS của xe đối với hàng hóa) |
Go-to-market motion3 records
Distribution channels6 records
Marketing channels7 records
Tasco Insurance product offering
Product offeringCore offering
Bảo hiểm Tasco is a Vietnam-based non-life insurance company that primarily sells motor vehicle insurance — including mandatory third-party liability (TNDS) and voluntary physical damage coverage — alongside complementary lines in human, property, cargo, engineering, liability, marine, hybrid, and travel insurance. The company operates 35 branches and 1 business center across 34 provinces, distributing products through direct branches, the Savico showroom network (75 showrooms), authorized garages, online platform, Tasco360 mobile app, and banking partnerships (MSB). It is integrated with the broader Tasco ecosystem including VETC toll collection, Carpla Service workshops, and 24/7 rescue centers to deliver a one-stop-shop vehicle ownership experience.
Product overview
Tasco Insurance operates as a multi-line insurance company offering 9 core insurance product categories: Vehicle (Xe cơ giới), Human (Con người), Property (Tài sản), Cargo (Hàng hóa), Engineering (Kỹ thuật), Liability (Trách nhiệm), Marine (Tàu thuyền), Hybrid (Hỗn hợp), and Travel (Du lịch) insurance. The company specializes in vehicle insurance as its core focus, integrating with the broader Tasco ecosystem (Tasco Auto, VETC, Carpla Service) to deliver a one-stop-shop experience. Key sub-products include mandatory third-party liability insurance (TNDS), physical damage coverage, and the companion mobile app Tasco360 for partner sales and service support.
Differentiator
Problem solved
Functional benefit
Brands
- Tasco360: Mobile application for partners and stakeholders for sales, consulting and after-sales service
- Tascosure
- 7S Service Standard
Products and services
- Bảo hiểm Xe cơ giới (Vehicle Insurance)
Quantifiable outcome
- Revenue of 1,379 billion VND in H1 2026 with target of 3,000 billion VND for full year 2026
- +3 more outcomes
Companies that use Tasco Insurance
Customer profileNamed customers5 records
Segments5 records
Ideal customer profiles5 records
Tasco Insurance technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Tasco Insurance partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered strategic, minor and core.
- Kim Long Motor HuếstrategicStrategic partnership signed June 2026 for vehicle insurance programs tailored to commercial vehicles and passenger buses. Kim Long Motor Huế is a major commercial vehicle manufacturer and assembler. The partnership includes risk management programs and optimized insurance packages for commercial fleet operators.
- MT Luxury CarstrategicStrategic partnership signed June 2026 for luxury vehicle insurance coverage. MT Luxury Car is a premium vehicle distributor. The partnership provides custom insurance packages for luxury vehicles, combining comprehensive coverage with premium service standards.
- VATA (Hiệp hội Vận tải ô tô Việt Nam)strategicBảo hiểm Tasco became a member of VATA (Vietnam Automobile Transport Association) in June 2026 as a Diamond Sponsor of the association's semi-annual conference. Membership provides access to transport industry network and enables the company to advocate for policy improvements benefiting the sector.
- U-TRUCKminorPartnership with U-TRUCK for enhanced insurance experience for Vietnamese transport community. Focus on commercial vehicle coverage and service integration for transport operators.
- Grab Vietnam (Grab Việt Nam)corePartnership signed May 2026 to promote green transportation and support Grab driver partners. Tasco Auto provides Geely electric vehicles with preferential pricing, bundled insurance coverage, and access to Carpla Service maintenance network. Grab drivers receive ưu đãi (preferential rates) on vehicle purchases, charging at 4,550 VND/kWh (vs 7,000 VND/kWh standard), and extended warranty programs.
- MSB (Ngân hàng TMCP Hàng Hải Việt Nam)strategicStrategic partnership since May 2026 for integrated financial-insurance solutions. MSB bank customers gain access to Bảo hiểm Tasco insurance products through banking channels. The partnership aims to enhance customer experience through flexible product design, streamlined application processes using technology, and expert consultation services.
- VETC (Công ty Cổ phần Dịch vụ Giao thông Số)coreVETC is the parent company's subsidiary managing electronic toll collection (ETC) services. Tasco invested 612 billion VND to strengthen Bảo hiểm Tasco and support VETC's mission for smart, safe transportation. VETC services are integrated into the automotive ecosystem including rescue services and toll payment solutions for insured vehicles.
- Savico (Công ty Cổ phần Dịch vụ Tổng hợp Sài Gòn)coreStrategic partnership launched April 2023 for '1 điểm chạm' (one-stop-shop) insurance model. Savico's 75 authorized showrooms nationwide serve as insurance distribution points with integrated claims handling and vehicle repair services. The partnership combines Savico's automotive distribution network with Bảo hiểm Tasco's insurance expertise under the 7S service standard covering sales, service, spare parts, insurance, finance, assembly, and 24/7 rescue.
- Automotive Brand Partners (Hyundai, Toyota, Ford, Honda, VinFast, Mitsubishi, Isuzu, Nissan, Hino, Volvo, MG, Suzuki, Lynk & Co)minorDisplay of partner automotive brand logos on website indicates partnership network for insurance distribution through authorized dealer channels. Brands include major OEMs selling vehicles in Vietnam market.
Scale indicators7 records
Recent moves13 records
Expansion highlights6 records
Tasco Insurance competitors and assessment
Company assessmentDirect peers
- Tổng Công ty Bảo hiểm PVI (PVI Insurance): Major state-linked non-life insurer in Vietnam backed by Petrolimex, offering motor, industrial, energy, and property insurance. A leading non-life peer with similar product breadth and corporate/enterprise client focus.
- Tập đoàn Bảo Việt (Baoviet Holdings): Vietnam's largest insurance group offering a full suite of non-life and life products including motor, property, health, and life insurance with nationwide branch network. Directly competes with Tasco Insurance across virtually all product lines and customer segments.
- Tổng Công ty Bảo hiểm Bưu điện (PTI): Post and Telecom Insurance, one of Vietnam's top non-life insurers with strong retail and corporate distribution across motor, property, and personal lines. Comparable on channel breadth and customer mix.
- Công ty Bảo hiểm AAA: Mid-sized Vietnamese non-life insurer with strong motor and personal lines focus. Comparable to Tasco Insurance in scale range and product emphasis on retail motor.
- Tổng Công ty Bảo hiểm Sài Gòn – Hà Nội (SGH Insurance): Vietnamese non-life insurer with broad motor, property, and liability offerings and a nationwide branch footprint. A close peer in scale and product mix, particularly in motor and SME segments.
- Tổng Công ty Bảo hiểm Hàng không (VNI): Vietnam's aviation-specialist insurer that Tasco recently received a license to compete with. Most comparable on aviation insurance specifically, and also offers non-aviation lines.
- Tập đoàn Bảo Minh (Bao Minh Holdings): Established Vietnamese non-life insurance company offering motor, aviation, marine, fire, and engineering coverage with a national branch network. Directly comparable to Tasco Insurance on multi-line non-life distribution.
Broad incumbents
- Liberty Insurance Vietnam: International non-life insurer with motor and property offerings in Vietnam. Comparable as a broad-based non-life incumbent rather than a niche specialist.
- AXA Vietnam: International broad-line insurer operating in Vietnam across motor, health, and life. A broader incumbent with overlapping capabilities rather than specialized in Tasco's motor-and-ecosystem niche.
Emerging players
- Công ty Bảo hiểm OPES: Digital-first Vietnamese insurance company with strong motor and consumer focus, leveraging app-based distribution. Represents the emerging digital-native threat that competes with Tasco's Tasco360 mobile channel.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Tasco Insurance social profiles
Digital presenceTasco Insurance compliance and trust
Trust signalCompliance3 records
Tasco Insurance financial estimates
Financial estimateRevenue estimate
Valuation estimate
Tasco Insurance leadership team
Management profileNumber of profiles
Profiles6 records
Tasco Insurance funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Tasco Insurance M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Tasco Insurance
What does Tasco Insurance do?
Bảo hiểm Tasco is a Vietnam-based non-life insurance company that primarily sells motor vehicle insurance — including mandatory third-party liability (TNDS) and voluntary physical damage coverage — alongside complementary lines in human, property, cargo, engineering, liability, marine, hybrid, and travel insurance. The company operates 35 branches and 1 business center across 34 provinces, distributing products through direct branches, the Savico showroom network (75 showrooms), authorized garages, online platform, Tasco360 mobile app, and banking partnerships (MSB). It is integrated with the broader Tasco ecosystem including VETC toll collection, Carpla Service workshops, and 24/7 rescue centers to deliver a one-stop-shop vehicle ownership experience.
Is Tasco Insurance a public or private company?
Tasco Insurance is a private company. It is classified as corporate owned and is currently operating.
When was Tasco Insurance founded?
Tasco Insurance was founded in 2022. It employs 1,001 to 5,000 people.
Where is Tasco Insurance based?
Tasco Insurance is headquartered in Hanoi, Vietnam, in the Asia region.
How does Tasco Insurance make money?
Three revenue lines are on record. Insurance Premium Collection is the primary driver. The others are claims Management and Reinsurance and service Fees from Ecosystem Partners.
Who are Tasco Insurance's main competitors?
Direct peers on record are Tổng Công ty Bảo hiểm PVI (PVI Insurance), Tập đoàn Bảo Việt (Baoviet Holdings), Tổng Công ty Bảo hiểm Bưu điện (PTI), Công ty Bảo hiểm AAA, Tổng Công ty Bảo hiểm Sài Gòn – Hà Nội (SGH Insurance), Tổng Công ty Bảo hiểm Hàng không (VNI) and Tập đoàn Bảo Minh (Bao Minh Holdings). Broad incumbents are Liberty Insurance Vietnam and AXA Vietnam. Công ty Bảo hiểm OPES is listed as an emerging player.
Does Tasco Insurance have an API?
No public API is recorded for Tasco Insurance.