News Releases

Srisawad partners with 2 leading insurance companies in Thailand to expand insurance market in 2020
Jan 15, 2020
MOU with Srisawad

Srisawad Power 2014 Company Limited, a provider of all types of secured loans and a subsidiary of Srisawad Corporation Public Company Limited, announced its partnership with two highly experienced insurance companies in Thailand: Generali Thailand and Chubb Samaggi Insurance. They all share the same goal of expanding the insurance market in the year 2020 by offering various insurance products and services to customers. The main mission is to provide a comprehensive coverage to mitigate the risks and reduce the anxiety under unforeseen circumstances. The services are available through its branches across the country from January 2020 onwards. Therefore, Srisawad's customers can rest assured that there will always be good deals and beneficial offers for them. 

Ms. Thida Kaewbootta, Director of Srisawad Power 2014 Company Limited, said, “Our company is honored to be here for the signing of the Memorandum of Understanding on our partnership with Generali Thailand and Chubb Samaggi Insurance Public Company Limited. Both of them are globally well-recognized insurance companies. With their strong financial position and expertise in life and non-life insurances, it is certain that Srisawad has selected the right partners who have the capacity and capability for this collaboration.  Together, we can provide the best insurance products, before and after sales service nationwide, and training for our employees to learn how to professionally present our insurance products to customers. Our products include loan protection and accident insurance plans offered by Generali Thailand, as well as auto, fire, and accident and health insurance plans by Chubb Samaggi Insurance through over 4,000 branches. The signing of the MOU will ensure Srisawad’s customers that they will get good services and beneficial products according to the company’s commitment to becoming a leading convenience store of financial services for consumers nationwide.”

Mr. Bundit Jiamanukoonkit, Country Manager, Generali Thailand, said,  “Generali is very pleased to be a business partner of Srisawad Power 2014 Company Limited to provide great products and practical offers for customers.  This coincides with the company's goal to operate our business under the main policy: “Customer’s Lifetime Partner”.  As agreed in this Memorandum of Understanding, Generali has selected insurance products that are suitable and cost-effective for Srisawad's customers including life insurance, loan protection, and accident insurance plans, available at Srisawad’s branches across the country to ensure growth and consistency in the loan and insurance market. Not only the cost-effective insurance policy, but Generali’s customers can also enjoy the services and privileges through digital tools such as Generali 365 application, which facilitates customers in using our services online and offers special deals that cater to customers’ lifestyles ” added Mr. Bundit.

Mr. Andrew Nisbet, Country President Chubb Samaggi Insurance Public Company Limited, added, "As the top foreign insurer based on market share, Chubb is delighted and honored to be a business partner of Srisawad. We offer a variety of insurance products such as car, motorcycle, residential fire, personal accident and health insurance. In this partnership, our goal is to develop product benefits and features which meet Srisawad’s customers’ needs nationwide so that they and their valuable assets can be protected.   In addition, we aim to make the buying experience easy, convenient and affordable, backed by excellent before and after sales service.”

For more information about the insurance products or secured loans, please contact any branch offices of Srisawad Ngern Sod Tun Jai, Monday to Friday at 8:30 am - 4:30 pm and Saturday at 8:30 am - 3:30 pm.

About Generali:-

Generali Group was established in Italy in 1831 as an insurance provider that is present in over 50 countries in the world. 

Generali Thailand was established in 2002 with a range of insurance products that provide customers with the coverage they need, including life and non-life insurances, such as whole life insurance, endowment life insurance, credit life insurance, unit-linked life insurance, health insurance, accident insurance, etc.  It also serves as one of the foremost ranked group insurance providers of many leading organizations. Generali Thailand operates its business with its expertise and quick services by creating a network that includes over 400 hospitals across the country and offering different distribution channels through agents, online and telemarketing, banks, and financial institutions. Generali Thailand has built trust with our business partners due to our financial stability and expertise in developing the products. 

About Chubb Samaggi Insurance Public Company Limited: -

Chubb Samaggi Insurance Public Company Limited. (“Chubb Samaggi Insurance”) provides a comprehensive range of insurance solutions for individuals, families, and businesses, both large and small.

As a key player in Thailand’s non-life insurance market, we offer many insurance products including accident & health insurance, fire & property insurance, motor insurance, and other specialty insurance products to retail clients. For corporate clients, we provide property, casualty, construction, marine, and financial lines insurances.

Chubb Samaggi offers its products and services through a multitude of distribution channels of which direct marketing is its forte. Other channels include banks, brokers, agency and a branch network nationwide. The company’s market leadership is largely attributed to its strong partnerships with financial institutions as well as leading companies; the clients and employees of which benefit from tailored protection policies.