fbpx

DIFFERENCE BETWEEN CAR & ACCIDENT INSURANCE?

Yellow Colorful Blocks Blogger Bio Link Website (1)

In exchange for a premium (annual fee), the insurer will pay for expenses; the coverage can be more or less comprehensive but here are some basics of the differences. Accident Insurance Personal Accident insurance (often already included in Health Insurance plans, such as for SAFETYNET) is an annual policy which provides compensation in the event […]

Cambodia HR medical claims

Claim Online Size 1920 Px

SAFETYNET online capabilities allow HR department to easily submit claims online. We hear that some firms/ institutions prefer their employees to claim directly the Health expenses while others delegate it to the HR/ Administration departments, or a right to choose. Our constant goal is to build a solid system which also assure full confidentiality thanks […]

Cambodian companies select SAFETYNET

Thumbnail

SAFETYNET Insurance Services (Cambodia), Co. Ltd. remains in 2022, the undisputed leader in Health Insurance plans for Companies, Families and Individuals in the Kingdom. Setting up a successful and sustainable Health Insurance in Cambodia required more than having the right products: 1- International Expertise from the Management team Our Management team is composed of highly […]

Corporate Employee Benefits in Cambodia

Bussinese Plan

In year-end, Cambodian Leadership teams have to go through the bid for employee benefits, especially Health Insurance plans. You will find below some important points to consider. COST IS THE MAIN DRIVER? The annual budget for group Health insurance is often determined upfront and not negotiable. However, it is good to keep yourself some margin […]

Insights about Insurtech in Cambodia

Linkedin Article Fintech Stage

Cambodia’s Insurtech is fast evolving with start-up and traditional companies trying to disrupt in a country where Insurance potential is immense. Insurance Objective for Cambodia The regulator is actively stimulating the entire ecosystem to achieve an Insurance penetration of 5.5% by 2030. A key player in the market SAFETYNET Cambodia has proven its contribution to […]

Medical Insurance in Cambodia Q1-Q3 2022

Cambodia Medical Insurance Q1 Q3 2022.pptx (2)

Cambodia’s Medical/ Health Insurance statistics were just released for the 3rd quarter 2022 by the Insurance Regulator of Cambodia. Cambodians’ Health insurance value in Gross premium reached $8.3 millions for a growth of 19.8% in Q3. Market Q1-Q3 2022: $24.8 mln Looking at a bigger picture, for Q1 to Q3 2022, the growth is at […]

HISTORY OF INSURANCE IN CAMBODIA

Insurance History In Cambodia (1)

The genesis of Insurance  Cambodia’s insurance was institutionalized from 1956 but the Khmer Rouge regime put an end to its flourishment from 1975. After the country recovered from its ashes, in 1990-2000, the government introduced the first Laws of Insurance with state-owned insurance company CAMINCO, and also a reinsurance company CAMBODIA-RE in 2002.  Modernization of […]