Bangkok--29 Oct--Francom Asia
Thailand’s telecommerce leader sets up consulting arm to serve insurance and banking industries throughout Southeast Asia
Teledirect Telecommerce (Teledirect) announced today the creation of its newest division, Teledirect Consulting (TDC) to serve the growing bank and insurance sectors.
First established in Singapore in 1995 by industry veteran Mr. Laurent Junique, Teledirect quickly opened offices throughout Southeast Asia, including Thailand in 2005. Teledirect is now recognized as a leader in the competitive field of telecommerce.
Targeting banks and insurance groups,TDC will provide alternative distribution strategy of financial products and will strengthen Teledirect’s position as a total solution provider of sales acceleration.
Providing execution, advisory, program management and expertise, TDC will capitalize on opportunities in Thailand and Southeast Asia. According to data from the Office of Insurance Commission, the Thai insurance sector in 2006 grew 12.6% for non-life insurance and over 37% in 2005 for life insurance policies.
TDC Business Director Mr. Jeffrey Manuel commented: “While the insurance industry in Thailand is growing fast, less than 20% of all Thais have life insurance. This low penetration level, coupled with the government’s current policy of liberalization of the insurance industry, means tremendous business opportunities in the future. TDC has been launched to assist the insurance and banking sectors to take advantage of these opportunities today before new players enter the market.”
“Over the last 12 years Teledirect has acquired a unique experience and TDC has been set up to transfer technology, knowledge and skills so that the insurance sector can capitalize on our proprietary methods that have proven successful not just here in Thailand but also in Hong Kong, Malaysia and Singapore” added Teledirect CEO Mr. Laurent Junique.
TDC’s services will also benefits Thai consumers indirectly as the cost-effective methods implemented by insurance and banking companies will result in better value and more affordable prices.
For more media information please contact:
Jerome Leroux / Khun Walaiklao /Khun Nilawan / Khun Katewalee
Teledirect Press Information Service
C/o Francom Asia PR
Tel 02 233 4329-30 Fax 02 236 8030
E-mail:
[email protected]
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