Blue Venture Group (BVG), Thailand’s leading insurance platform provider, is partnering with a Cambodian reinsurance firm to launch an insurtech joint venture expected to start operating in the second half of this year.
Chief executive Nawarat Wongthitirat said BVG is in the process of registering a joint venture company and obtaining a licence to run the business in Cambodia.
The company aims to provide third-party administrator service, which offers medical benefits and claims management, including a consulting service.
“As part of its investment expansion plan across Southeast Asia, the company entered into an agreement with Cambodian Reinsurance Company,” said Mrs Nawarat.
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