Allianz Ayudhya banks on health protection productsAllianz Ayudhya Assurance Plc aims for 3% growth in total premium to 33 billion baht in 2020, staying focused on health protection products. Allianz Ayudhya's total premium reached 32 billion baht last year. The bancassurance channel for ANP will be steady at 1.4 billion baht because of many challenges, while the direct marketing channel is expected to contribute 1.7 billion baht. Allianz Ayudhya aims to recruit 6,000 new agents this year, as well as work closely with partners in bancassurance and direct marketing. For digitalisation, Allianz Ayudhya has set a target of zero paper use for the agency channel with a 100% adoption rate of Allianz Discover, the insurance agent mobile app, this year.

Source: Bangkok Post March 03, 2020 20:26 UTC