About us

Toyota Tsusho Insurance Broker (Vietnam) Corporation (TTIBV) is the Number 1 Japanese insurance broker in Vietnam, with offices located in Hanoi and Ho Chi Minh City.

TTIBV was established in 2011, the company has more than 15 years of experience, with customers who are commercial company and retails insurance service business nationwide. TTIBV supports customers with services related to Insurance Brokerage and Auxiliary insurance.

Message from General Director

“As Vietnam’s economy is growing rapidly, the role of Risk management has become increasingly crucial, year by year. TTIBV takes advantage of the experience and knowledge that we have gained through insurance arrangements for Toyota Group and Japanese clients. We will provide a one-stop service for insurance that serves client’s demands to the fullest.”                                                                                                                                                                                                                                                                                                    Shoichi Okunuki, General Director                                                                                                      1st of January 2024

Why choose us?

With our illustrious history in the industry, we are confident in our capabilities and expertise to bring peace of mind to our customers through our products and services.

What is Insurance Broker?

Insurance brokers on behalf of customers will negotiate with insurance companies to make the best insurance program (with large coverage and low premiums) and to help client to get the highest amount of compensation when claim happens. In foreign countries also in Vietnam, using insurance brokers to mediate in generating insurance contracts is very common.

best advice obligation

Insurance broker has a legal obligation to advice the most appropriate insurance product to customers among all knowable products. (Insurance agent is not requested to carry that obligation)

the difference with insurance agency

Insurance broker does not act for any insurance company but representative for the insured. Insurance agent is a representative of an insurance company, whom can handle only commissioned products of that insurance company.

TTIBV receives brokerage commissions in compliance with applicable regulations, within legally permitted limits.
We operate independently, with no financial ties to any insurance company. And our management has no ownership or management roles in any insurers.

Difference between Insurance Broker and Agent

(Insurance Agent is Insurance Company’s)

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advantages of appointment to ttibv

  • An appropriate insurance can be designed in accordance with actual risk condition, also comparison between insurance companies’ coverage and premiums.
  • Non-Life Insurance and Life Insurance products can be offered at one-stop.
  • In dealing with accidents, expert advice and support can be acquired.

TTIBV is a subsidiary company of TIM (Toyotsu Insurance Management Corp.), one of the largest Japanese insurance brokers.

TTIBV can provide services in conjunction with TIM when necessary.

  • Toyota Tsusho Insurance Group has 15 overseas facilities all around the world, which can provide international information relating insurance.
  • A Japanese with over 30 year insurance experience permanently working in Vietnam. We can provide insurance service in Japanese.

TOYOTA TSUSHO INSURANCE BROKER (VIETNAM) CORPORATION

Toyota Tsusho Insurance Broker (Vietnam) Corporation (TTIBV) is the Number 1 Japanese insurance broker in Vietnam, with offices located in Hanoi and Ho Chi Minh City.

Our development history

2011: Establishment of Toyota Tsusho Insurance Broker (Vietnam) Corporation – Hanoi Head Office

2015: Establishment of Toyota Tsusho Insurance Broker (Vietnam) Corporation – Ho Chi Minh Branch

2023: Merged Toyota Tsusho Vietnam Insurance Solutions Co., Ltd. with Toyota Tsusho Vietnam Insurance Brokerage Co., Ltd.