PJICO (Petrolimex Insurance)

Established in 1995 as Vietnam’s first joint-stock insurer, Petrolimex Insurance Corporation (PJICO) is a major, highly reputable player in the country's non-life insurance sector. Headquartered in Hanoi, the company operates as a key component of the state-backed Vietnam National Petroleum Group (Petrolimex) ecosystem. Over its decades of operation, PJICO has built a vast nationwide network and earned a solid reputation for financial stability and reliable claim settlements.

For foreign buyers and expatriates securing residential property in Hanoi, PJICO offers a comprehensive suite of damage and property insurance products. These include essential coverage for home and property structures, fire and explosion protection, and theft insurance. Beyond safeguarding real estate assets, the insurer provides a broad range of personal and lifestyle policies, such as health insurance, auto and motorcycle coverage, marine insurance, and specialized technical risk policies.

Positioned in the mid-market segment, PJICO caters to both individual and corporate clients, making it an accessible option for diverse expatriate needs. The company supports transactions in both Vietnamese and English, facilitating smoother communication for international buyers navigating local regulatory and coverage requirements. Additionally, PJICO has modernized its customer experience by introducing digital tools, such as the My PJICO mobile application, which allows users to manage policies and submit claims online.