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Byline: Charoen Kittikanya
Jan. 8--Muang Thai Life Assurance is determined to expand its business nearly threefold to 21 billion baht over the next five years driven by its multi-channel strategy.
To achieve this goal, the life insurer is banking on bancassurance which is projected to contribute 30 percent of all premiums during this five-year period.
Ian Woodward, the company's director and senior executive vice-president overseeing bancassurance, said yesterday that the company in co-operation with partner Kasikornbank, was committed this year to expanding bancassurance activities, with a target set for this sales channel to grow by 400 ...
Source: HighBeam Research, Muang Thai Life Assurance to expand threefold.