Thailand Post partners with insurtech firm bolttech to launch online motor insurance
Thailand Post, the country’s largest postal service provider, in collaboration with bolttech, a Singapore-based global insurtech firm, announced the launch of an embedded compulsory motor insurance offering, enabling customers easy access to quality insurance products via Thailand Post’s nationwide network, both online and offline.
The coverage extends to the driver, passengers, and other individuals impacted by road accidents, ensuring comprehensive coverage and greater peace of mind for customers.
Pilantanee Suwanbubbha, Chief Marketing and Business Officer at Thailand Post, said, “Thailand Post is proud to support customers looking to purchase online motor insurance by partnering with bolttech, a global insurtech leader. Together, we are embedding competitively priced insurance through Thailand Post’s website, online channels, and postal branches nationwide. Customers can conveniently receive their policies via email and enjoy immediate coverage, backed by ERGO Insurance (Thailand).”
Aesop Ahn, General Manager at bolttech Thailand, said, “We are excited to partner with Thailand Post to provide consumers with easier and more convenient access to quality insurance products. By combining our technological capabilities with Thailand Post’s extensive network, we look forward to connecting more people with accessible protection options while also fostering the growth of the insurance industry in the country.”
Customers can now purchase discounted ERGO motor insurance via Thailand Post’s website or by scanning the QR code on receipts from post office transactions. Payment options include credit card, online banking, QR Code, Line Pay, and more. The service is currently available in six pilot provinces — Ayutthaya, Ang Thong, Lopburi, Sing Buri, Chainat, and Saraburi — and will be available nationwide until Dec 31, 2024.
Policies are delivered via email and can be used for vehicle tax renewal at any post office.
#ThailandPost #bolttech #MotorInsurance #Insurtech #DigitalConvenience
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