Digital future gives insurance new life

The trend has been keenly felt by the insurance industry, where the once-marginal digital sales channel has seen a boom in premiums, with firms holding the best online positioning reaping the greatest rewards from the new revenue stream.

According to the Thai Life Assurance Association, new premium sales from digital channels totalled 52.1 million baht in March.

Digital sales alone contributed 0.3%

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The Importance of Insurance in Construction Projects

Insurance is a vital risk mitigation tool in construction projects. Whether insurance is taken out due to a statutory, regulatory or contractual requirement or as an additional measure of protection, parties cannot afford to go without it.

In this bulletin, we consider the role of insurance, important insurance considerations and common types of insurance cover in construction projects.

Risk

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