Distribution Platform in Thailand
Distribution Platform in Thailand is an insurance industry hub for all channels and general insurance products in Thailand market. It connects insurance carriers and brokers and greatly improves their transaction efficiency.
Features:
Real-time: Rating, quotation, payment, issuance processes are operated online and in a real-time manner. The average turnover time is about 4 minutes.
Connectivity: About 18 insurers and hundreds of insurance channels, including agents brokers, telesales, banks, travel agencies, are connected to this distribution platform
Transaction volume: 30,000 policies/day and the number is growing
All main stream general insurance products: Auto, Home, Accident, Travel, Health, Criterial Illness, Liability, SME Commercial, Marine, Property
Other miscellaneous insurance products: Cyber, Pet
Diverse Payment:
- Credit limit
- Online Payment (Credit/Debit Card, QR payment, KBank, TBank, SCB, CyberSource, 2C2P, Omise, Pay via Dtac, Pay via True Monday)
- Offline Payment (Bill payment, Pay at counter, Without payment)
Share link: User can share quote link to customers by SMS, email and social media (e.g. Line, Facebook, etc.) for them to proceed payment and issue policy.
Online chat: IM between insurer and channel users to help user to issue policy more smoothly.
Leads management: To help user follow up the potential business opportunity.
Endorsement Request: Endorsement request and cancellation. Support approval process. Support sync data to core system.
FNOL: Report first notice of loss. Support to sync data to 3rd party claim system.
OCR: OCR function for National ID Card and Car Registration in Thailand.
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Insurance product cross-selling and upselling
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Product promotion/policy renewal via social media
Status:
Currently 18 insurers are leveraging this platform to sell various general insurance products, from Auto, Home, A&H, SME, TA, CI, LBT to Group personal accident via hundreds of channels including agents, brokers, telesales, bank, travel agencies, super market and banks.
