Thailand Online Insurance Market Size and Research 2022, CAGR Status, Growth Analysis by Countries, Development Factors, Business Updates and Strategies till 2027: Ken Research The Online Insurance market in Thailand has grown at an increasing growth rate of CAGR ~% over the period 2016-2021 supported by the increase in continuous growth of aging population, increased health spending in the country along with growing digital disruption and rising awareness on financial planning among the citizens. Thailand consumers have been evolving… Read More »
The Thailand Online Insurance Market is expected to grow more than THB 250 Mn owing to the implementation of Insurance Development Plan 4.0 policy of Digital Transformation: Ken Research Key Findings The Thailand Online Insurance Market is anticipated to grow as a result of changing consumer lifestyles, rapid increase in urbanization, and the tech-savvy generation that are favoring online purchasing. Thailand’s current total insurance penetration is 5.5%, which is higher than the penetration in emerging markets like China (4.4%), India (4.1%), Indonesia (1.5%), Vietnam… Read More »
Thailand Online Insurance market is currently in the growing stage where citizens are getting used to purchasing short insurance plans as they are much cheaper compared to long term plans: Ken Research: Ken Research Thailand News The pandemic (2019-20) led to a sharp incline of a double digit growth rate as it brought realization among Thais to buy new policies or port to insurers who offer better coverage and claim settlement. Thailand Online Insurance Market Overview Impact of Digital: With increasing internet penetration rate and wide awareness of e-commerce,… Read More »
