AIA Thailand Partners with Vymo to Strengthen its Partner Distribution Channel
Vymo, the Distribution Excellence Cloud for Financial Services, has announced that it has partnered with AIA Thailand to improve sales productivity and effectiveness of their partner channels in Thailand to increase engagement and improve business.
With Vymo, AIA Thailand's Business Development team will have daily end-to-end visibility and understanding of key business metrics and partner health, Vymo said in a press release.
AIA Thailand is the largest insurance company in terms of market share; approximately 1 out every 3 life insurance policies in Thailand is written by AIA. With Vymo's intelligent Partner Relationship Management platform, AIA Thailand will be able to monitor how sales activities are impacting revenue outcomes and improve the quality of partner engagement. Over 300+ Relationship Managers Business Development Executives across Thailand will be using Vymo to engage with their partner distribution networks.
Darren Thomson, Chief Strategy & Business Development Officer, Thailand, AIA, said: “Vymo was able to prove, through other interactions with AIA and testimonials to the like, that the company is physically and morally capable of doing an efficient job.”
Anurag Srivastava, General Manager, Asia Pacific & Japan, Vymo, said: “We are thrilled to partner with AIA in Thailand and are committed to set new benchmarks of sales productivity in the region. Our partnership with the largest insurer of Thailand further validates our efforts to provide the best sales solutions to our customers.”
Vymo has witnessed rapid growth across the Asia-Pacific region, reports the firm. In India, Tata AIA Life Insurance Company Limited (Tata AIA Life) is a joint venture by Tata Sons Ltd. and AIA Group Ltd. (AIA), deployed Vymo in 2019 to improve partner network health and brand coverage. Vymo helps sales managers to optimise the top of the funnel by allocating the leads to the most appropriate agent and nudge timely engagements to improve conversions per agent and reduce customer turnaround times.