Insurance giant TQM expects great returns from new products, mergers #ศาสตร์เกษตรดินปุ๋ย

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

Insurance giant TQM expects great returns from new products, mergers

CorporateSep 01. 2020

By The Nation

Insurance brokerage company, TQM Corporation (TQM) has set its sales target at Bt50 billion by 2026, the company’s president Anchalin Pannipa said on Tuesday (September 1).

She said the company’s sale of insurance policies will rise in the next six years thanks to the expansion of marketing channels, the launching of new products as well as mergers and acquisitions of both local and foreign insurance companies.

“The company is currently negotiating investments in two insurance firms and is expected to close the deal by yearend,” she said. “This will help boost the company’s potential, and we expect our revenue and profits to rise once the deal is closed.”

She added that TQM will maintain its sales target for this year at Bt15 billion.

“We expect performance in the second half to be better than the first half as many businesses will improve in the fourth quarter,” she said. “TQM will also launch new products and tie up with other insurance companies to boost revenue and profit.”

She added that TQM will also cooperate with Forth Smart Service to sell insurance products via Boonterm top-up machines.

“There are currently 130,274 Boonterm top-up machines nationwide with more than 21 million customers making over 1.5 million transactions daily,” she added.

“This cooperation will help the company expand its customer base and market channels to other provinces.”

Leave a comment