On October 16, 2019, Centech Interactive officially launched a new product INSBANK – A solution for digitizing insurance sale and management with PVI Insurance Corporation. The product that was officially used on PVI’s selling channel is PVCombank and generated the first transactions on the system. PVI Corporation is the second largest provider of non-life insurance products in Vietnam. Here are 05 reasons why PVI chose…
CENTECH INTERACTIVE officially release INSBANK – A solution to digitize the sale and management of insurance products
On October 16, 2019, Centech Interactive officially launched a new product INSBANK – A solution for digitizing insurance sale and management with PVI Corporation. The product that was officially used on PVI’s selling channel – PVCombank and generated the first transactions on the system. Centech Interactive cooperates with PVI Corporation for the first time INSBANK is a digital tool that helps banking institutions and insurance…
Overview of Vietnam’s insurance market
In 2019, Vietnam having 65 Insurance company including 31 non-life insurers, 18 life insurers, 2 re-insurance companies and 14 insurance brokerage companies. Total insurance revenue estimated more than 160,000 billion VND, contributes 2,9% GDP. Life Insurance There are 18 life insurance company in Vietnam (1 local Insurance company and 17 from oversea) Life Insurance business increasing rapidly and achieved 115,982 billion Vietnam Dong. In which,…
CENTECH INTERACTIVE launches theirs first Insurtech project – INSBANK
According to the Vietnam Business Survey, as of 2019, Vietnam has 65 insurance companies including 31 non-life insurance companies, 18 life insurance companies, 2 reinsurance companies and 14 insurance companies. insurance brokerage company. Total insurance revenue is estimated at over VND 160,000 billion, contributing 2.9% of GDP.It can be seen that the market potential of this industry is extremely large, besides, the operating costs of…