Centech Interactive officially launches theirs first Insurtech project – Insbank

According to the Vietnam Business Survey, in 2019, Vietnam has 65 insurance companies including 31 non-life insurance companies, 18 life insurance companies, 2 reinsurance companies and 14 insurance brokerage companies. Total insurance revenue is estimated at over VND 160,000 billion, contributing 2.9% of GDP. It can be seen that the market potential of this industry is extremely large, besides, the operating costs of enterprises in…