About Target Insurance
Target Insurance Company, Limited (“Target Insurance”), a wholly-owned subsidiary of Target Insurance (Holdings) Limited (“Target Holdings”), was incorporated in 1977. Target Holdings is the first local insurance company successfully listed on the Main Board of Hong Kong Stock Exchange since 15 January 2015 (Stock Code: 6161). As one of the largest motor insurance companies in Hong Kong, Target Insurance is a trusted partner to the transportation industry and provides high quality and professional insurance services to our customers.
With the focus on motor insurance, Target Insurance ranked first in terms of motor insurance gross premium income in 2010, and has maintained the top three ranking consecutively. Target Insurance distinguished itself and earned customers' confidence with its convenient and speedy claims procedures, highly efficient and advanced insurance information system, as well as its experienced and professional team in the competitive motor insurance market. Target Insurance was honored to receive the “Best Loved Motor Insurance Brands Awards” of “Best Loved Brands Awards” by RoadShow in 2015 and 2016 respectively.
We have successfully developed new general insurance products in 2017; provide an all-rounded, professional and quality general insurance products and services to local enterprises and individual clients. Target Insurance recruited a team of top-tier experienced professionals from international insurance companies, in order to diversify its general insurance products and enhance its professionalism. We embrace new challenges in the future and target to be the most preferred local general insurance company in Hong Kong.
Target Insurance’s Competitive Advantages
- The first Hong Kong based general insurance company listed on the Hong Kong Stock Exchange (Stock Code: 6161)
- Leading market position in motor insurance for taxi and public light bus
- Top 3 rankings* from 2010 till now in the motor insurance market
- With more than 40 Years of experience
- Experienced management team integrated from international insurance companies in developing new general insurance products
- Professional claims expertise in handling insurance claims in an effective and efficient manner
- Good corporate image
*Information Source: Office of the Commissioner of Insurance