The insurance regulator is working to establish a National Insurance Information Management Centre to collect insurance information from both the non-life and life insurance sectors.
The secretary-general of the Office of Insurance Commission (OIC), Dr Suthiphon Thaveechaiyagarn, said last week that the regulator is seeking public feedback on the proposed centre.
The goal is to transform access to insurance information with the establishment of the centre for government agencies, the private sector and the public, so as to enhance the operation of the insurance industry and expand its potential.
At present, the OIC operates the Insurance Bureau System (IBS) which has developed a non-life insurance database and is in the process of developing a life insurance database.
However, digital technology and regulations are evolving rapidly, making it essential that there…
