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Roojai set to post a profit as part of expansion plans

Mr Faquet says Roojai is expected to close fiscal 2024 with 40% growth.

Motor insurance sales growth could help online insurer Roojai post a profit from its Thai operations this fiscal year, ending in March 2024, as it aims to become a top 10 player in the segment next year, says chief executive and founder Nicolas Faquet.

“There were some challenges the last two years from Covid-19, but we are seeing a very good dynamic today in the car insurance market. To me the immediate future looks bright and positive,” said Mr Faquet.

At the end of its fiscal 2022 in March this year, Roojai added 149,248 customers, up 15% from…

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