A ‘milestone’ for the Cambodian market

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Cambodian insurance firm Cambodian Investment Management Insurance Agent (CIMIA), a subsidiary of Cambodian Investment Management, has announced plans to launch the first online insurance quote system in the Kingdom of Cambodia. The service will allow customers to access details of a range of insurance products, from travel insurance to health and vehicle coverage. All they will need to do is provide basic information to the online platform, and quotes will then be emailed to users as a PDF. 

 

Anthony Galliano, CEO of Cambodian Investment Management, described the move as a milestone for the local insurance industry: “We are expecting the consumer market to begin to embrace insurance, as presently the market in Cambodia is approximately 85percent corporate and 15percent consumer. Now that consumers can easily obtain a quote via the internet, automobile, health and travel insurance should experience the most growth.”