Bangkok: Muang Thai Life Assurance has been awarded the “Outstanding Business Ethics Award from the Thai Chamber of Commerce” for 2025, underscoring its dedication to ethical, transparent, honest, and sustainable business practices.
According to Thai News Agency, Muang Thai Life Assurance Public Company Limited’s receipt of the “Thai Chamber of Commerce’s Outstanding Business Ethics Award (TCC Best Award)” for 2025 marks its fourth recognition since 2005, 2019, and 2022. This consistent acknowledgment highlights the company’s steadfast commitment to ethical business conduct and good governance, which has continually earned the trust of its customers and the broader community.
Professor Emeritus Dr. Kasem Wattanachai, Privy Councillor, presided over the award ceremony, which celebrated outstanding ethical conduct. The event, titled ‘Big Quick Win with Ethical Principles,’ was hosted at the University of the Thai Chamber of Commerce. Mr. Sara Lamsam, Chief Executive Officer of Muang Thai Life Assurance Public Company Limited, accepted the award, and congratulations were extended by Mrs. Venus Asavasithavorn, Chairperson of the Ethics Promotion Committee of the Thai Chamber of Commerce.
The award this year signifies the company’s strict adherence to 10 core business ethics, including fairness to stakeholders, operational transparency, consumer and partner responsibility, environmental awareness, a pursuit of excellence, honesty, ethical conduct promotion, social responsibility, respect for human rights and dignity, and comprehensive risk management. These principles underscore the company’s commitment to ethical business practices and good governance, prioritizing customer and societal interests.
Muang Thai Life Assurance continues to evolve within a framework of high ethical standards, providing transparent and quality services that enhance customer well-being. This commitment aligns with its mission to be a reliable provider of protection and life insurance for Thai people, ensuring stable and sustainable organizational growth.
Mr. Sara Lamsam, Chief Executive Officer, expressed pride in the award, stating that it serves as evidence of the company’s unwavering adherence to ethics and good governance. He emphasized the company’s commitment to developing fair and reliable services that maximize customer benefits and contribute to steady, sustainable growth grounded in social and national responsibility.