icon
icon
icon
icon
Upgrade
Upgrade

News /

Articles /

DirectAsia: A Decade of Digital Insurance Innovation in Thailand

Market VisionMonday, Sep 23, 2024 11:11 pm ET
1min read
DirectAsia, a pioneering leader in Thailand's digital insurance industry, is celebrating 11 years of quality service, innovative insurance, and customer loyalty. Since launching in 2013, DirectAsia has revolutionized how insurance is offered and purchased in Thailand, providing hundreds of thousands of Thai consumers with online quotes for their car insurance.

DirectAsia's digital-first approach has been instrumental in driving its success. The company has implemented various technological innovations, such as user-friendly online platforms, streamlined processes, and data-driven insights, to enhance the customer experience and increase efficiency. This approach has enabled DirectAsia to maintain a strong market position and attract a significant number of customers.

DirectAsia's customer-centric strategy has significantly impacted customer satisfaction and loyalty in the Thai insurance market. By listening to customer feedback and adapting its products and services accordingly, DirectAsia has been able to meet the evolving needs of its customers. For example, the company recently extended Type 1 coverage for certain brands from 10 to 15 years of age and introduced a Type 1 Save variant, offering a no-frills comprehensive cover with cheaper premiums.

DirectAsia's partnership strategy with leading Thai and international insurance brands has also contributed to its market influence. By collaborating with these providers, DirectAsia can offer a wider range of car insurance covers at better prices, while maintaining the high level of service that its customers have come to expect.

Key factors driving DirectAsia's growth and success in the Thai insurance market include its digital-first approach, customer-centric strategy, and strategic partnerships. The company's ability to adapt to changing market conditions and customer needs, coupled with its focus on innovation and customer satisfaction, has made its growth sustainable.

In celebration of its 11th anniversary, DirectAsia is offering a limited-time promotion. The first 111 customers who purchase a Type 1 insurance policy will receive a 1,500 THB petrol e-voucher. This offer applies to policies bought via the DirectAsia website or by calling 02 767 7777.
Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.