Techcombank Vietnam to distribute life insurance on iTCBLife
Techcombank , one of Vietnam’s largest commercial banks, and CoverGo , an insurance technology provider, have partnered to launch iTCBLife, a tool that will streamline Techcombank’s distribution of life insurance products across more than 300 Techcombank branches and 2,000+ users.
iTCBLife is a digital bancassurance platform for customers to have “a goal-based discussion” with Techcombank advisors to match life insurance products specific to their needs and get onboarded seamlessly.
With iTCBLife, Techcombank will now help customers with planning their life goals related to child education, retirement and wealth planning.
Key features of iTCBLife:
- Simplicity – allows customers and advisors to easily find information, calculate needs, compare options, and choose products.
- Personalization – recommends the right options based on customers’ needs.
- Convenience – enables an accelerated process by minimizing the number of steps.
“We are very excited to spearhead digital insurance transformation in the Vietnamese insurance market with the introduction of our cutting-edge technology . We find Techcombank to be an ideal partner to drive innovation thanks to the bank’s scale across the country and like-minded goal of providing the best tools and experience to its agents and customers. Techcombank’s agile speed has not only been impressive but allowed us to launch the full solution within three months of commencing our cooperation. We look forward to more collaboration and new product launches in the Vietnamese market in the future.” – Tomas Holub, CEO of CoverGo.
