UOB Thailand teams up with MSIG Insurance to penetrate the MSME market with UOB SME Smart Choice insurance solutions

MSIG Insurance joins forces with UOB Launch of UOB SME Smart Choice online insurance plan to meet the needs of small and medium entrepreneurs. against uncertain events Helping businesses grow through risk management UOB SME Smart Choice insurance plan is a property insurance plan with a maximum coverage of 10 million baht, but with great flexibility. Because you can choose to buy more or adjust the coverage as needed. with an average starting premium of just 6 baht per day

Mrs. Sayumrat Maranet, Executive Vice President SME business, United Overseas Bank (Thai) said, “MSMEs are the driving force of the Thai economy and need support to expand the business Businesses are exposed to risks from unexpected events such as natural disasters , theft or damage to third parties, etc., through a strong network of banks in the ASEAN region. UOB has partnered with MSIG to develop insurance products tailored for small entrepreneurs, which are affordable and accessible. by purchasing insurance through online channels 24 hours a day.”

Mr. Rattapol Kitisakchaikul President of MSIG Insurance (Thailand) Public Company Limited said, “Micro-entrepreneurs, Small and Medium Enterprises (MSME) in 2018 2022 will grow between 3.2-5.4%, with outstanding MSME businesses including restaurants. Processed food business leisure business hotel business cosmetics business logistics business They all need someone to look after risks at MSIG and UOB. They have the same goal to support insurance solutions. support business operations without interruption and jointly develop an online insurance plan, UOB SME Smart Choice, designed to be a new alternative for MSME entrepreneurs and shop operators with excellent features for customers to choose or customize the coverage as the they wish

UOB SME Smart Choice online insurance plan allows MSME entrepreneurs to choose an insured amount of up to 10 million baht through fire supply. natural disaster full fund but excluding flood Protection against theft that appears signs of tampering with legal liability to third parties up to 1,500,000 baht and no deductible compensation with affordable premiums according to the sum insured and the type of business Only The average starting price is 6 baht per day.”

UOB Thailand recently won Best Digital Insurance Product for CX at The Digital CX Awards 2022 organized by The Digital Banker for its UOB SME Smart Choice product, making it the first insurance for small businesses and a medium in Thailand that sells through digital channels

In addition to the property insurance in the business In the future, UOB intends to add other types of insurance. For MSME operators such as accident insurance, health insurance, car insurance business interruption insurance or commercial cyber insurance, etc.

UOB SME Smart Choice insurance plans can be easily purchased. at your fingertips through online channels https://psmart.msig-thai.com/uob/smesmart/info got it today

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