Bryan Smith, President and Chief Executive Officer, Allianz Ayudhya Assurance PCL, received the Prime Minister's Insurance Award for Excellent Development Insurance Company from the Office of Insurance Commission (OIC) at the ceremony held as part of the National Insurance Week, Queen Sirikit National Convention Center.
According to Allianz Economic Research’s latest analysis, Thai economic growth will remain resilient above 3% in both 2017 and 2018. Going forward, lifting private confidence will be pivotal to move economic growth upwards and initiate a sustainable growth pace. Despite the insurance market losing some of its momentum for the fourth year in a row, premium income reached 4.9% of GDP, thus putting Thailand on par with Germany with respect to insurance market penetration. Against the background of an ageing population, Thailand’s old-age dependency ratio is set to leap from 15.2% today to 52.5% in 2050. Allianz expects life insurance growth to remain the major growth driver over the next decade with average growth rates around 9.3%. Overall, global output is likely to expand by about 2.8% in 2017. Industrialized countries are expected to register gross domestic product growth of 1.9%, while in emerging markets growth could increase to 4.1%.
Allianz Ayudhya partners with LINE TV, Thailand’s most popular video-on-demand platform, to inspire youths under “Dare to…Take your chance” theme with the launch of online reality program “Salvo Go Munich”. The 10-episode long program features the story of Thai kids nationwide who are competing to be Thailand’s representatives at the Allianz Junior Football camp 2017 with FC Bayern in Munich, Germany. Other than giving a chance to Thai junior footballers to live their football dreams, the program aims to inspire the young generations to dare to take their chances, and make dreams come true. Starting the first episode on 24 May, Salvo Go Munich will be on-air every Wednesday, 5 pm, exclusively on LINE TV.
Marketing the 16th anniversary of the project this year, Allianz Ayudhya Junior Go-Kart Advance Training is the annual CSR event offering a unique opportunity for Thai kids aged 8-11 years old to “DARE TO” step out from typical classroom learning and get a chance to try something new – a Go-Kart racing.
The training is not only limited to basic driving skills but also includes the education of “Drive safely” to these junior drivers.
The project has received a very positive feedback from junior drivers and parents every year. To date, over 3,500 kids have joined the program. Another proven success is also the number of young trainee drivers who have improved their ability and pursued their professional career in kart racing.
Allianz Ayudhya Assurance Plc., reinforces its leadership in life and health protection by making a debut of "Cancer No Worries”, the innovative cancer benefit plan covering all stages of cancer treatment from diagnosis and treatment to follow-ups with maximum benefit up to 9 million baht.
Customers can search through Allianz Ayudhya Care Network hospitals where health checkup and medical treatments are provided for individual, group and personal accident insurance, as well as life insurance medical examination.