David Korunic News Today

The local insurance industry posted continuous growth over the past decade, reflecting increasing consumer demand and awareness of the importance and benefits of insurance in protecting their well-being.

FWD Life Insurance, a Thai unit of the Hong Kong-based insurance group, is launching a new customised insurance model that offers Thais joint coverage with their family members that can also include treatment for mental health conditions.

FWD, SCB join for outpatient policies published : 21 Jan 2021 at 04:00 Mr Korunic, centre left, and Ms Apiphan, centre right, announce the partnership to launch an all-inclusive outpatient insurance package. FWD Insurance has allied with Siam Commercial Bank (SCB) to serve untapped demand for medical expenses coverage for outpatient department (OPD) care, with targeted sales of 1 billion baht. According to the National Statistical Office, 96...

Siam Commercial Bank (SCB) has partnered with FWD Life Insurance Plc (“FWD Insurance”) to launch ‘OPD Khum Krob Chob Hai Huang’ to support medical expenses as a response to customer’s needs during the COVID-19 pandemic. The product is designed to ensure full healthcare coverage from small to critical illness with lump-sum payouts for medical expenses, and double coverage on room rates for critical illness* diagnoses. Coverage starts at 19,782 baht for 2 million baht coverage and 94,25...