Insurance Business Sector Supports Thai-Cambodian Border Amid Unrest


Bangkok: The Thai General Insurance Association and the general insurance industry are joining forces to assist policyholders affected by the ongoing unrest along the Thai-Cambodian border. The disturbances have significantly impacted the lives and property of residents in the area.



According to Thai News Agency, the Thai General Insurance Association is working closely with insurance companies to devise strategies for providing assistance, compensation, and mitigating losses and damages. Dr. Somporn Suebthavilkul, President of the Association, emphasized the collaborative commitment to supporting policyholders affected by the border incident, with a focus on ensuring social security through a people-centered approach.



Dr. Somporn highlighted that the insurance industry is prioritizing fairness, transparency, and the interests of policyholders, especially those in border areas directly impacted by the unrest. He noted the industry’s crucial role in national security and mentioned that many insurance companies are fast-tracking special assistance measures, including humanitarian payments, despite some damages being excluded from policy coverage.



The Association and the general insurance sector are prepared to collaborate with both public and private sectors, standing by the affected individuals during crises. They aim to uphold credibility, transparency, and fairness in alignment with international insurance standards. Residents in at-risk areas are advised to review their insurance policies to understand coverage and exclusions. For further information and assistance, affected individuals can contact their insurance company or the Thai General Insurance Association at 0 2108 8399.