Thailand Post has partnered with insurtech company Volttech to offer affordable compulsory car insurance to customers across Thailand.
With this new service, individuals can now easily purchase car and truck coverage online through the Thailand Post website, by scanning the QR code on their post office receipt, or directly at a post office branch. Masu.
This insurance is underwritten by ERGO Insurance (Thailand) and provides comprehensive coverage not only for the driver but also for passengers and other individuals affected by the traffic accident.
This includes compensation for death, permanent disability, loss of limb, and medical expenses.
Customers can purchase insurance online using a variety of payment methods, including credit cards, online banking, QR codes, and Line Pay.
Following a successful pilot program in six states, the service will be rolled out nationwide and is expected to be fully available by December 31, 2024.
Policies are delivered digitally via email, streamlining the process and allowing customers to renew their vehicle tax at any post office.
This partnership aims to make essential car insurance more accessible, convenient and affordable for all Thai citizens.
Piranthanee Suwanbubba, Chief Marketing and Business Officer of Thailand Post, said:
“Thailand Post is proud to partner with Volttech, a global leader in insurance technology, to support customers looking to purchase auto insurance online.
We work together to provide competitively priced insurance through Thailand Post’s website, online channels and postal branches nationwide. Customers can easily receive the insurance policy via email and get instant coverage with the help of ERGO Insurance (Thailand). ”
Aesop Ahn, General Manager of Volttec Thailand Co., Ltd., said:
“We are pleased to partner with Thailand Post to provide consumers with easier and more convenient access to high-quality insurance products.
By combining our technological capabilities with Thailand Post’s extensive network, we look forward to providing accessible protection options to more people and fostering the growth of the domestic insurance industry. ”
Featured image credit: Edited from freepic