Cathay Insurance coverage Vietnam has introduced a strategic partnership with SAWAD to introduce a ‘Twin Finance’ insurance coverage programme.
The brand new providing goals to simplify the method for patrons looking for monetary help and obligatory insurance coverage protection.
Cathay may even launch a private damage insurance coverage plan to satisfy prospects’ wants for monetary help and vehicle insurance coverage.
The collaboration between Cathay Insurance coverage Vietnam and SAWAD capitalises on their mixed experience to ship complete vehicle and private damage safety.
Clients can entry these companies at greater than 300 SAWAD retailers throughout Vietnam.
Cathay Insurance coverage Vietnam additionally presents a ‘Sensible Agent Go (SAG)’ digital platform, solely for insurance coverage brokers, which is claimed to streamline operations and cut back service response occasions.
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SAG at present handles greater than 500,000 insurance policies annually.
Established in 2010, Cathay Insurance coverage Vietnam is a subsidiary of Taiwan’s Cathay Insurance coverage and is headquartered in Ho Chi Minh Metropolis, with a department in Hanoi.
The corporate utilises native insights and the group’s distribution community, together with Cathay Life Insurance coverage Vietnam, Cathay United Financial institution’s Ho Chi Minh Metropolis Department, and Indovina Financial institution, to serve Taiwanese corporates and Vietnamese retail and industrial purchasers.
Cathay Insurance coverage Vietnam president Ming, I-Ching mentioned: “We’re delighted to accomplice with SAWAD on this progressive new providing. Together with the personalised enterprise model of our digital insurance coverage software, Sensible Agent Go (SAG), that Cathay has developed for this inter-industry collaboration, we now have additionally adjusted our back-end system operations to help enterprise processes to offer probably the most environment friendly and handy digital insurance coverage expertise.”
SAWAD CEO Ittiwud Lurngnateetape mentioned: “We’re grateful to Cathay Insurance coverage Vietnam for enabling this partnership.
“Along with combining obligatory vehicle motorbike insurance coverage and private damage insurance coverage with monetary help companies, we additionally hope each of two manufacturers to launch extra progressive monetary options, rising prospects’ worth sooner or later.”
In July 2023, Generali reached an settlement to accumulate Conning and its associates from Cathay Life.
