On February 28, AAA Insurance signed an insurance products distribution agreement with Rainbow Group (Vietnam) and Papaya Insurtech (Singapore) - two pioneers in applying technological innovation to the insurance industry in Vietnam. The distribution through applications helps customers easily access products of the company.
AAA Insurance and Rainbow Group have signed a business cooperation agreement to distribute Car Insurance on MyInsure which is an application of Rainbow Group's ecosystem. Mr. Stephen Beatty - CEO of AAA Insurance, Ms. Do Minh Hien - Deputy CEO of AAA Insurance and Mr. Amit Sharma - Product & Marketing Director of Rainbow Group attended the signing ceremony.
Rainbow Group is an digital products provider based on technology and artificial intelligence such as: MyInsure, My Heros, Mybikes, etc to improve customer loyalty and satisfaction in the fields of insurance, finance and also sales team performance in Vietnam.
Representative of AAA Insurance and representative of Ranbow Group at the signing ceremony.
When customers use MyInsure to buy auto insurance, they will experience "All In One" which means any means of protection can be found and electric certificates are issued directly by AAA Insurance.
On the same day, AAA Insurance also signed a business cooperation agreement with Vietnam Mango Company Limited (a member of Papaya Insurtech - Singapore-based Insurance Company). Mr. Stephen Beatty - CEO, Ms. Do Minh Hien - Deputy CEO of AAA Insurance and Mr. Phan Duc Hung - CEO and co-founder of Papaya Insurtech attended the signing ceremony.
Representative of AAA Insurance and Papaya Insurtech in the signing ceremony.
Papaya Insurtech is famous for Papaya Pro - an application helps selling insurance (digital broker), currently has a network of more than 1,000 agents and collaborators nationwide to distribute automotive insurance, health insurance, and accident insurance. AAA is expanding and growing its automotive insurance segment, aiming to achieve outstanding growth in 2022.
AAA Insurance hopes this cooperation with Rainbow Group and Papaya Insurtech will increase customer value, create a friendly platform for customers to easily access automotive insurance, accident insurance and health insurance to reduce the impact of unexpected events.
“Established in 2005, AAA was a pioneer in insurance industry in Vietnam. It provides comprehensive solutions for businesses as well as individuals including construction insurance, fire insurance, automotive insurance, accident insurance and travel insurance, etc. AAA is always flexible to build insurance plans that suit different needs of customers.
In December 2021, AAA became a member of Bamboo Capital Group (HOSE: BCG), it is aiming to expand business to the whole country, improve the quality of its life insurance plans, introduce new packages to suit ever-changing needs from the market."