Poni Insurtech and Global Care Launch Health Insurance Comparison Platform in Vietnam
October 09 2024 - 7:24AM
Poni Insurtech Pte. Ltd. (“Poni Insurtech” or the “Company”), the
international arm of Asia’s leading insurance technology platform,
Huize Holdings (NASDAQ: HUIZ), today announced that its Vietnam
subsidiary, Global Care Consulting Joint Stock Company (“Global
Care”), has unveiled its new health insurance comparison platform,
“GlobalCare.vn” (https://globalcare.vn). The platform aims to offer
Vietnamese consumers an improved, transparent, and user-friendly
insurance shopping experience, effectively positioning itself as a
one-stop “insurance supermarket.”
Mr. Ron Tam, CEO of Poni
Insurtech, commented, “We are thrilled to announce our
entry into Vietnam in collaboration with founder Niem and her
experienced team, following our successful acquisition of Global
Care and marking a significant milestone in our ASEAN expansion
strategy. With the launch of GlobalCare.vn, we take an important
step forward in our mission to deliver seamless, customer-focused
digital insurance solutions in Vietnam. This is just the
beginning—combining Poni Insurtech’s advanced technology with
Global Care’s local market expertise, we are confident in our
ability to drive continuous innovation, expand product offerings,
and enhance the digital insurance experience for Vietnamese
consumers.”
Mrs. Dinh Thi Ngoc Niem, CEO of Global
Care, commented, “With Poni Insurtech as a major
shareholder, we have a distinct advantage in this dynamic market.
Their cutting-edge technology, financial strength, and extensive
industry network will empower us to elevate our service quality and
expand our market reach. The launch of
GlobalCare.vn is our first joint initiative,
designed to enhance customer choice, accessibility, and operational
efficiency for our partners. We are well-positioned and confident
that we will accelerate the digitalization of Vietnam’s insurance
industry. We also extend our gratitude to VinaCapital Venture for
their support in fostering this partnership and unlocking new
growth opportunities.”
GlobalCare.vn: Transforming the Digital
Insurance Experience
At the launch event, Global Care introduced
GlobalCare.vn, an innovative, user-friendly platform that provides
customers with a simple and intuitive way to search and customize
insurance packages suited to their protection needs and financial
capabilities. GlobalCare.vn offers quick and efficient claims
analysis and approval, enhancing the overall customer journey by
streamlining processes and reducing wait times.
The platform benefits insurers by allowing easy
product digitization and fast claim processing, without requiring
extensive technical support. For agents and collaborators, the
platform provides tools to match customers with the right policies
while creating new income opportunities.
While integrating insurance products into
“e-commerce platforms” is not a novel concept,
GlobalCare.vn sets itself apart as a dedicated,
customer-first platform, offering direct visual product
comparisons. This distinctive approach makes it a unique and
invaluable asset in Vietnam’s rapidly evolving digital insurance
landscape.
About Poni Insurtech
Poni Insurtech is the international brand of
Huize (NASDAQ: HUIZ), Asia’s leading insurance technology platform
connecting consumers, insurance carriers and distribution partners
digitally through data-driven and AI-powered solutions.
Headquartered in Singapore, Poni Insurtech is committed to building
a pan-Asian digital insurance distribution platform. Featuring a
presence in regional hubs including Singapore and Hong Kong, Poni
Insurtech has made its debut in Vietnam in 2024, with plans to
expand into other high-growth ASEAN markets such as Indonesia and
Philippines. Through its consumer facing apps and cloud-based API
solutions, Poni Insurtech provides consumers with simple,
affordable, and customized insurance solutions, empowers insurers
with quick and hassle-free digitalization solutions to efficiently
reach mass affluent consumers, and creates new revenue
opportunities for partnering e-commerce platforms, merchants, and
independent collaborators and agents. Poni Insurtech aims to
reshape the insurance landscape by driving greater efficiency,
accessibility, and value across the entire ecosystem.
For more information, please
visit http://ir.huize.com or follow us on social media
via LinkedIn
(https://www.linkedin.com/company/huize-holding-limited), Twitter
(https://twitter.com/huizeholding) and Webull
(https://www.webull.com/quote/nasdaq-huiz).
About Global Care
Established in 2017, Global Care pioneer in
providing digital transformation platform solutions in the
insurance industry in Vietnam. By leveraging technology Global Care
contributes to promoting the digital technology revolution and
changing the traditional insurance industry.
Through a multi-platform digital ecosystem,
Global Care connects insurers, business partners, and collaborators
with customers. Global Care has been teaming up with numerous
leading insurers in Vietnam such as Bảo Việt, Bảo Minh, MIC, PTI,
PVI, VNI. With the slogan “Best price, best service,” Global Care
aims to use technology to distribute insurance to millions of
Vietnamese. Currently, more than 1.5 million policies are issued
monthly on Global Care’s platform.
For more information, please visit:
https://globalcare.com.vn/ & https://globalcare.vn/
For investor and media inquiries, please
contact:
Investor RelationsKenny
LoInvestor Relations Managerinvestor@huize.com
Media
Relationsmediacenter@huize.com
Christensen In ChinaMs. Dee
WangPhone: +86-10-5900-1548Email: dee.wang@christensencomms.com
In U.S.Ms. Linda BergkampPhone:
+1-480-614-3004Email: linda.bergkamp@christensencomms.com
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