AIA Thailand Partners with Vymo to Strengthen its Partner Distribution Channel

Vymo

PR86012

 

SINGAPORE, Oct. 9, 2020 /PRNewswire=KYODO JBN/ --

 

    - With Vymo's Partner Relation Management platform, the AIA Bancassurance

team, is able to closely support their National Sales Heads and Business

Development Managers to optimise engagement activities with their bank partner.

 

     Today, Vymo (www.getvymo.com), the Distribution Excellence Cloud for

Financial Services, announced that it has partnered with AIA Thailand to

improve distribution engagement and sales support effectiveness of their

partner channels in Thailand to increase positive engagement at the front-line

and improve customer propositions. With Vymo, AIA Thailand's Bancassurance team

will have daily end-to-end visibility of the activities required to deliver a

positive and sustainable support infrastructure.

 

     AIA Thailand is the largest insurance company in terms of market share1,

approximately 1 out every 3 life insurance policies in Thailand is written by

AIA2. With Vymo's intelligent Partner Relationship Management platform, AIA

Thailand will be able to monitor how sales support activities are impacting

revenue outcomes and improve the quality of partner engagement. Over 300+

Relationship Managers Business Development Executives across Thailand will be

using Vymo to make their engagement with their partner distribution networks

more efficient.

 

    Speaking on the partnership, Darren Thomson, Chief Strategic Bancassurance

Alliance Officer, AIA Thailand, says "Vymo was able to prove, through other

interactions with AIA and testimonials to the like, that the company is

physically and morally capable of doing an efficient job."

 

    "We are thrilled to partner with AIA in Thailand and are committed to set

new benchmarks of sales productivity in the region. Our partnership with the

largest insurer of Thailand further validates our efforts to provide the best sales

solutions to our customers," adds Anurag Srivastava, GM - Asia Pacific & Japan.

 

    Vymo has witnessed rapid growth across the Asia-Pacific region. In India,

Tata AIA Life Insurance Company Limited [https://www.tataaia.com/ ](Tata AIA

Life) is a joint venture by Tata Sons Ltd. and AIA Group Ltd. (AIA), deployed

Vymo in 2019 to improve partner network health and brand coverage. Vymo helps

sales managers to optimize the top of the funnel by allocating the leads to the

most appropriate agent and nudge timely engagements to improve conversions per

agent and reduce customer turnaround times.

 

    Remarks:

 

    1. Information based on Insurance Statistics, March 2020, by the Thai Life

Assurance Association.

 

    2. Information based on a report by the Thai Life Assurance Association,

Annual Statistics 2018.

 

 

    About AIA Group

 

    AIA Group Limited and its subsidiaries (collectively "AIA" or the "Group")

comprise the largest independent publicly listed pan-Asian life insurance

group. It has a presence in 18 markets in Asia-Pacific – wholly-owned branches

and subsidiaries in Mainland China, Hong Kong SAR(1), Thailand, Singapore,

Malaysia, Australia, Cambodia, Indonesia, Myanmar, the Philippines, South

Korea, Taiwan (China), Vietnam, Brunei, Macau SAR(2), New Zealand, a 99 percent

subsidiary in Sri Lanka, and a 49 percent joint venture in India.

 

    About Vymo

 

    Vymo (getvymo.com) is the distribution excellence cloud for financial

services, trusted by over 100,000 salespeople across 60+ financial enterprises

across the world. Global leaders such as AIA, AXA, Sunlife, Generali, Allianz,

and more trust Vymo to improve sales and distribution efficiencies. Vymo is

recognized by Gartner as a Cool Vendor and is funded by Emergence Capital and

Sequoia Capital.

 

    Related Links

 

    Vymo for Bancassurance - https://getvymo.com/partner-management/ 

    Watch Vymo in action - https://youtu.be/DOFdcK8cUxw 

    Upcoming events & webinars - https://getvymo.com/whats-happening/ 

    Logo - https://goo.gl/i6sEpi 

 

    For more information

 

    Gunjan Saha

    gunjan@getvymo.com

 

    Photo: https://mma.prnewswire.com/media/1309522/Vymo.jpg   

    Logo: https://mma.prnewswire.com/media/1026997/Vymo_Logo.jpg 

 

 

 

    Source: Vymo

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