Ocean Life Insurance: ESG as a central focus to drive growth in financial services in Thailand

AIBP ASEAN B2B Growth

Guest: Khun Nusara Assakul Banyatpiyaphod, Chief Executive Officer and President, Ocean Life Insurance, Thailand
In this episode, we discuss Ocean Life Insurance's journey in driving growth in Thailand's insurance industry, and how ESG will play a key role for them.
Founded in 1949, Ocean Life Insurance Co., Ltd. is a Thailand-based insurance company that offers life, health, and accidental insurance for Thai residents. The commitment of Ocean Life Insurance has been embedded in delivering insurance stability, enhancing financial strength and literacy, and improving the quality of life for Thai people.
Due to the COVID-19 pandemic, the growth of Ocean Life Insurance's distribution channels, which has been dominated by sales agents, shifted gradually to digital channels in 2020. The pandemic has also driven more attention to financial and digital literacy and Ocean Life Insurance is making the most of this time to enhance awareness and education through their three pillars: Love Your Health, Love Your Wealth, and Love The World.