Sompo Forges Strategic Alliance with Srikrung Broker to Introduce "Srikrung Motor Plus" Comprehensive Motor Insurance Plans

Bangkok, Thailand – 07 May 2024 – Sompo today announced its collaboration with Srikrung Broker, to launch "Srikrung Motor Plus", a suite of comprehensive motor insurance plans tailored to cater to the diverse needs of customers across Thailand. This strategic partnership combines Sompo's commitment to delivering unparalleled quality and service standards with Srikrung Broker's expansive network and customer-centric approach.

Speaking on the collaboration, Mr. Aditya V. Tibrewala, Chief Executive Officer of Sompo Thailand, expressed, "Our partnership with Srikrung Broker highlights our mutual commitment and values to making comprehensive motor insurance accessible to all, focusing on underserved areas in rural provinces of Thailand. Combining Srikrung Broker's distribution reach and customer-focused approach with our high-quality products and global expertise, we are well-positioned to be the preferred insurance partner for Thai Customers."

Srikrung Motor Plus offers a diverse range of motor insurance options, including Type 1, 2+, 3+, and 3 policies, tailored to the varied needs and budgets of Srikrung's extensive customer base. With competitive premium rates, comprehensive coverage packages, and innovative digital tools, Srikrung’s agents can seamlessly manage policies and enhance customer engagement.

Mr. Pongtawat Kaowsampun, Managing Director – Operations of Srikrung Broker, remarked, "Srikrung Motor Plus epitomizes affordability without compromising on extensive coverage, tailored to Srikrung’s customers. We are confident that this program will resonate positively with our customers, reaffirming our commitment to delivering unparalleled insurance experiences."

Empowered by Sompo Insurance, Srikrung Motor Plus policyholders can access an integrated digital platform to manage their policies and request emergency support 24/7. This comprehensive service includes:

• Seamless policy management through the "SOMPO MyPolicy" service.
• Convenient accident reporting via the dedicated "Sompo Report Motor Claim Accident Center" at 02-118-7400. Additionally, policyholders can locate over 1,200 partnered garages nationwide for car repairs through the "SOMPO Partner’s Garage and Repair Centers" network.
• Around-the-clock access to Sompo Roadside Service at 02-039-5780 for on-the-road emergency assistance, such as fuel refill, flat tires, engine stalling, or towing. (this exclusive service is available for Motor Insurance plans 1 and 2+ only).
• Real-time updates via the 'Sompo SmartNoti' service, keeping customers informed about their car claim status through SMS, ensuring their vehicles are repaired to the highest standards.

Tailored exclusively for Srikrung's customers, the simplified premium structure of Srikrung Motor Plus enhances sales efficiency for Srikrung's agents. And, at the same time foster a deeper understanding of the product, ensuring superior customer service and satisfaction. To equip agents with requisite expertise, Sompo has organized a comprehensive training program, benefitting over 45,000 Srikrung agents, complemented by essential toolkits for bolstered sales support.

For further information on Srikrung Motor Plus or to initiate purchase proceedings, interested customers are encouraged to contact Srikrung agents at any of the 48 branches of Srikrung Broker offices nationwide.

*Conditions are as specified by the policy. Buyers should understand the details of the coverages and conditions before deciding to purchase insurance every time.