FWD Group (“FWD”) today announced its official launch in Cambodia, expanding its footprint across Asia to 10 markets.
The move into Cambodia is another landmark for FWD’s growth across the region and underlines its commitment to become a leading pan-Asian insurer by changing the way people feel about insurance and delivering fresh and innovative experiences for customers.
Huynh Thanh Phong, FWD’s Group Chief Executive Officer said, “Cambodia has quickly evolved into one of Southeast Asia’s most vibrant and dynamic economies. We’re excited to play a part in bridging the protection gap and providing financial security to the people of Cambodia. I’ve no doubt our new team here will succeed in changing the way Cambodians feel about insurance.”
Rotha Chan, Chief Executive Officer of FWD Cambodia said, “I’m so proud of this unique opportunity to lead our business in this exciting new chapter for FWD in Cambodia. The future for FWD and for Cambodia is very bright and I’m confident we can achieve many successes together as a team and show Cambodians a new kind of insurance that can inspire them to celebrate living.”
FWD successfully completed the acquisition of Bangkok Life Assurance (Cambodia) Public Limited in December 2020. The Group has renamed and rebranded the acquired businesses in the past few months.