# Nicolas Faquet

> Nicolas Faquet is the French founder and Group CEO of Roojai, a Thailand-based digital insurance group operating in Thailand and Indonesia. Previously an insurance executive at AXA, AIG Europe and Axeria IARD, he helped found DirectAsia before starting Roojai, which launched in 2016.

- **Role:** Founder and Group CEO at Roojai
- **Organizations:** Roojai, DirectAsia, AXA, AIG Europe, Axeria IARD
- **Nationality:** French
- **Education:** Business studies; described as an MBA in public interview biographies, ESSEC Business School, Actuarial studies, Pierre and Marie Curie University / Institut de Statistique de l’Université de Paris
- **Known for:** Founding team member and Group COO of DirectAsia before its 2014 sale to Hiscox., Founded Roojai and launched its Thai operations in 2016., Led Roojai’s expansion into Indonesia and transition to a group with a licensed Thai insurer.

## Career timeline

- **1997-2001** — Chief Actuary at AXA Insurance Singapore.
- **2001-2004** — Vice-president role at AXA Insurance Singapore.
- **2004-2005** — Internal audit role at AXA France.
- **2005-2008** — Regional motor insurance role at AIG Europe.
- **2008-2010** — CEO of Axeria IARD, according to his Viadeo career record.
- **2009** — Joined the founding team of DirectAsia; subsequently served as Group COO.
- **2011-2014** — Led DirectAsia Hong Kong.
- **2014** — DirectAsia sold to Hiscox; began preparing Roojai in December.
- **2016** — Roojai launched operations in Thailand in January.
- **2022** — Roojai entered Indonesia with Sompo Indonesia.
- **2023** — Roojai raised a US$42 million Series B and acquired FWD General Insurance Thailand.
- **2024** — The acquired insurer was rebranded Roojai Insurance; Roojai acquired DirectAsia Thailand in December.
- **2025** — Roojai raised US$60 million in Series C funding.
- **2026** — Roojai marked ten years of operations.

## Achievements

- Founding team member and Group COO of DirectAsia before its 2014 sale to Hiscox.
- Founded Roojai and launched its Thai operations in 2016.
- Led Roojai’s expansion into Indonesia and transition to a group with a licensed Thai insurer.

## Latest updates

- **2026-08** — Roojai’s tenth-anniversary announcement reported 2025 group gross written premium of THB 3.3 billion; Roojai Insurance separately reported THB 212 million net profit for H1 2026.
- **2025-11** — Roojai announced US$60 million in Series C funding co-led by Apis-managed funds and Asia Partners, supporting Thailand, Indonesia and strategic acquisitions.

## Links

- Website: https://www.roojai.com/en/article/author/nicolas/
- LinkedIn: https://www.linkedin.com/in/nicolas-faquet-3a8a507/

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Profile page: https://yespress.io/nicolas-faquet
Published by YesPress — https://yespress.io
Last updated: 2026-10-21