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Insurer LMG pursues bigger auto-market share.
Byline: Charoen Kittikanya
Sep. 7--LMG Insurance, a new firm formed from the merger of Narai International Insurance and Khoom Khao Insurance, hopes to increase its share in the local automobile insurance market, with premiums of 2.5 billion baht targeted over the next 12 months.
"The new merged entity would enable us to become big enough to achieve economies of scale," said Ian Faragher, the president for Asia of Liberty International, a member of the Boston-based Liberty Mutual Group, with which Narai has been affiliated.
"We believe we can achieve our target, given our commitment to invest in computer systems and provide excellent quick and ...
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Source: HighBeam Research, Insurer LMG pursues bigger auto-market share.