MSIG Asia invests in Ancileo
MSIG Asia announced a strategic equity investment and regional partnership with travel insurance technology provider Ancileo to accelerate its travel insurance growth across Asia.
The companies will work together to introduce “differentiated travel protection” that is personalized, intuitive and easier to claim.
“This marks another strategic milestone in MSIG’s growth in this region. We are investing in high-impact growth initiatives to strengthen our leadership position in the Asia’s general insurance market and advance our ambition of achieving over 15% compound annual growth in profit after tax by 2029. This partnership sharpens our competitiveness and accelerates our digital capabilities as travel continues to expand rapidly across the region. By combining with Ancileo’s technology and distribution expertise, we will deliver faster, more relevant experiences for travellers and create long-term value for our partners and customers.” – Clemens Philippi, CEO of MSIG Asia.
“Hong Kong travellers expect speed, clarity and reassurance—especially when something goes wrong. Through this partnership with Ancileo, we are strengthening how we support our customers at every stage of their journey. Our flagship travel product, iTravel Go, reflects this commitment, with thoughtful features such as Cancellation of Journey for Any Reason and MSIG Easy Lounge, which provides timely care and assistance when travellers need it most. By making protection more intuitive and claims simpler to complete, we are giving travellers greater peace of mind and the confidence to enjoy their journeys, knowing that reliable support is always within reach.” – Philip Kent, CEO of MSIG Hong Kong.
“MSIG has been a valued partner of Ancileo for years, and today’s announcement reflects what we believe a true long-term partnership can become. But we are not here to do more of the same. Our goal is to reimagine what B2B2C travel insurance looks like in Asia — protection that partners are proud to offer and travelers are glad to have.” – Olivier Michel, Founder & CEO of Ancileo.
