Alpaca, formerly known as Unicorn Solutions company, was first launched in 2014. Unicorn is a strategic partner, acting as a subcontractor for a global insurance IT provider group. Many Unicorn's projects were implemented for leading insurance companies in Vietnam (Bao Viet, Bao Minh) and insurtech companies in Singapore (MyInsurer, Zensur, 360F).
In June 2020, Alpaca was officially established in with key human resources from Unicorn, with the goal of becoming a core IT solution provider for the non-life insurance industry in the Vietnam market. Currently Alpaca has 2 offices in Hanoi and Ho Chi Minh City.
Alpaca's key personnel are experts with extensive experience in the fields related to the insurance industry including Insurance operations, finance & accounting, information technology, distribution channels management.