Dhipaya Insurance Public Company LIMITED
Krung Thep Maha Nakhon Doing business as Tip
- UEI
- YZ4RS4DGSZF7
- CAGE
- SHGK2
- Primary NAICS
- 524114 Direct Health and Medical Insurance Carriers
- SAM.gov registration
- Active through
Company facts
- FY2025 rankings
- Self-certified in SAM.gov
- Entity structure
- Corporate Entity (Not Tax Exempt)
- SAM.gov registration date
- Physical address
- 1115 Thanon Rama III, Khwaeng Chong Nonsi, Khet Yan Nawa, Krung Thep Maha Nakhon 10120, Thailand
- Website
- dhipaya.co.th
- Founded
- 1951
- Employees
- 251-1K
- Estimated annual revenue
- $50M-$100M
- Industry
-
- Financials
- Insurance
- SIC code
- 63 Insurance Carriers
- Profiles
Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .
Contract obligations by fiscal year
| Fiscal year | Obligated |
|---|---|
| FY2027 To date | $0 |
| FY2026 | $11,299,364 |
| FY2025 | $12,397,685 |
Top agencies by obligations
| Rank | Agency | Obligated, FY2026–FY2027 | Share |
|---|---|---|---|
| 1 | Department of State | $11,299,364 |
Contract awards
| Award | Agency | Obligated | Awarded |
|---|---|---|---|
| Task order 2026-2027 bangkok GMC health insurance | US Embassy Bangkok (DOS) | $11,299,364 | |
| Selected DNI**task order for GMC health insurance 19TH2025D0004 (one year) 4/26/25-4/25/26 | US Embassy Bangkok (DOS) | $12,397,685 |
Similar vendors
| Vendor | Location | Primary NAICS |
|---|---|---|
| Generali Life Assurance (Thailand) Public Company LIMITED | Krung Thep Maha Nakhon | 524114 Direct Health and Medical Insurance Carriers |
| Forte Insurance (Cambodia) PLC | Phnom Penh, Phnom Penh | 524126 Direct Property and Casualty Insurance Carriers |
| Aetna Health Insurance (Thailand) Public Company LIMITED | — | 524114 Direct Health and Medical Insurance Carriers |
| Life Insurance Corporation PNG LIMITED | Port Moresby, National Capital District | 524113 Direct Life Insurance Carriers |
| AIA Singapore Private LIMITED | Singapore | 524113 Direct Life Insurance Carriers |
About the company
Dhipaya Insurance Public Company LIMITED (doing business as Tip), a for-profit Thai-based insurance carrier headquartered in Bangkok, holds a narrow but concentrated prime footprint as a sole-source health insurance provider to the U.S. Department of State's Bureau of East Asian and Pacific Affairs, competing under full-and-open (non-set-aside) awards.
All four recent prime awards flow from the State Department's Bureau of East Asian and Pacific Affairs and cover identical scope: group medical coverage (GMC) health insurance services for U.S. government personnel and dependents stationed at or affiliated with the U.S. Embassy in Bangkok and related diplomatic facilities in the region. Two single-award indefinite-delivery contracts anchor the vehicle structure — IDC 19TH2025D0004 (ceiling $12.5 million, ultimate completion April 25, 2026) and IDC 19TH2026D0002 (ceiling $11.6 million, ultimate completion April 25, 2027) — against which the State Department has issued matching annual renewal delivery orders. The April 26, 2025 task order under 19TH2025D0004 carried a ceiling of $12.4 million for the April 2025–April 2026 period; the April 26, 2026 task order under 19TH2026D0002 carried a ceiling of $11.3 million for the April 2026–April 2027 period. Combined potential value across all four awards totals $47.8 million, of which $23.7 million (50%) has been obligated to date.
Dhipaya's federal customer base is entirely concentrated in a single using agency and bureau; the State Department Bureau of East Asian and Pacific Affairs accounts for 100% of both award count and potential value. Activity has stabilized at two awards per year (2025 and 2026), with renewal cycles tied to the annual GMC insurance renewal schedule approved by the state of Georgia. One award ($11.3 million) faces ultimate completion within the next twenty-four months and will require recompete. The vendor operates as a 100% prime contractor with no documented sub-awards and holds no position on government-wide vehicles or multiple-award schedules; vehicle access is limited to the two State Department IDCs.
Quick answers
Is Dhipaya Insurance Public Company LIMITED registered in SAM.gov?
Yes. Dhipaya Insurance Public Company LIMITED's SAM.gov registration is active through December 22, 2026.
How much has Dhipaya Insurance Public Company LIMITED received in federal contracts?
Federal contracts obligated $12,397,685 to Dhipaya Insurance Public Company LIMITED in fiscal year 2025 and $23,697,049 in fiscal years 2023 through 2027.
How does Dhipaya Insurance Public Company LIMITED rank among federal contractors?
Dhipaya Insurance Public Company LIMITED ranked #9 in PSC G007, #23 in NAICS 524114 and #23 in PSC G in FY2025.
What is Dhipaya Insurance Public Company LIMITED's most recent federal award?
Dhipaya Insurance Public Company LIMITED's most recent federal contract award is Task order 2026-2027 bangkok GMC health insurance (19TH2026F0301), from US Embassy Bangkok (DOS), on April 26, 2026.
On GovTribe
See Dhipaya Insurance Public Company LIMITED's full federal record
- Federal contract awards
- IDV awards
- Funding analysis by agency, NAICS and set-aside
- Similar vendors