TOKYO, JAPAN, 13 September 2019 – Daniel Neo, Regional Chief Executive Officer (CEO) of Sompo Holdings Asia, headquartered in Singapore, announced new leadership appointments and regional initiatives across Asia Pacific (APAC), focusing on company strategy, travel and digital.
Neo emphasized the regional aspirations of being number one in Travel insurance and Top 5 in Motor insurance in ASEAN, as well as reaching a USD100m profit by 2023.
As a member of the Sompo Holdings group, the 14 markets under Sompo Asia Pacific contributed 5% to the group’s global gross written premiums in the year of 2018.
Newly appointed this year, Chayanna Siripirom – CEO of Sompo Insurance Thailand, Pui Phusangmook – CEO of Sompo Insurance Singapore, and Yasuhiro Sasanuma – regional Chief Operating Officer joined the expanded APAC leadership team under Neo, who was also announced as the new regional CEO this April.
With Travel being one of the top priorities and Sompo as a strong trusted Japanese insurance brand, Sompo Asia has launched a new Travel insurance product, Go JAPAN by TravelJoy (Go JAPAN).
Go JAPAN is currently visible in Singapore and Thailand, and will be made available to the rest of the Asian markets in 2020.
“Considering the said focuses and our Travel aspiration, Go JAPAN Travel insurance provides a comprehensive coverage to our customers visiting Japan by offering cashless medical assistance, free real-time translation services by a human voice, and now additional travel perks from our partnership with NAVITIME,”
Daniel Neo, Regional Chief Executive Officer of Sompo Holdings Asia
Partnering with NAVITIME JAPAN Co., Ltd – a leading provider of navigation technology and services in Japan – Sompo Asia Travel insurance customers get to enjoy the full contents and features of the Japan Travel mobile app by NAVITIME for free, including Sompo Asia-exclusive coupons and travel assistance information.
Another digital technology initiative that the Sompo Asia Digital team, together with Sompo Insurance Singapore, has been spearheading since October 2018 is detecting fraudulent claims using Artificial Intelligence (A.I.).
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