KASIKORN Business-Technology Group (KBTG) has entered into a strategic partnership with InsureMO, a leading global insurance infrastructure platform provider, to create a connected insurance ecosystem delivering insurance-as-a-service in Thailand.
Through this collaboration, businesses can easily embed a wide range of insurance products into their own platforms using APIs—without the need to invest in their own core infrastructure. Marco Technology, a subsidiary of KBTG, will spearhead the effort, further cementing KBTG’s position as a technology leader committed to advancing Thailand’s digital financial ecosystem.
According to Ms. Voranuch Dejakaisaya, Executive Chairman of KBTG, the shift toward digital lifestyles and the growing demand for embedded finance present a clear opportunity for businesses to enhance customer experience. “The aim is to offer comprehensive services directly on businesses’ own platforms,” she explained, adding that partnering with InsureMO allows KBTG to deliver an ecosystem designed to help partners seamlessly provide insurance services to their customers.
Dr. Woody Mo, President and CEO of InsureMO, emphasized that “the collaboration between KBTG and InsureMO will drive connectivity across insurance services in Thailand.” The InsureMO platform supports all insurance product lines and policy lifecycles, while Marco Technology’s deep expertise in fintech, real estate, and other industries can unlock the platform’s full potential—allowing for the creation of tailored insurance solutions for the Thai market.
A major advantage of this partnership is that the InsureMO platform comes ready to deploy, supporting travel, health, accident, and other embedded insurance products. With compliance built for the Thai regulatory framework, businesses can dramatically cut development time and focus on delivering instant, relevant coverage at the point of need.
Sansiri, one of Thailand’s leading property developers, is among the early adopters. In partnership with Marco Technology, it is enhancing its Home Service app to allow Sansiri and Plus Property residents to access various insurance products. The first rollout, scheduled for Q3 this year, will offer travel insurance, with plans to expand into lifestyle-specific products.
Looking ahead, KBTG is targeting more than 10 business partnerships across sectors including retail, e-commerce, real estate, healthcare, and travel within the next three years.
Ms. Voranuch concluded that the connected insurance ecosystem strengthens the financial services landscape and aligns with KBTG’s strategy to become a premier Southeast Asian technology innovator driving the region’s digital economy. More information about Marco Technology is available at www.mct.co.th.
About InsureMO
InsureMO (short for “Insurance Middle Office”) is a global insurance middleware platform that enables insurers, brokers, MGAs, and partners to innovate and scale digital insurance products rapidly. It provides a comprehensive suite of APIs supporting all insurance product lines and the entire policy lifecycle, facilitating faster go-to-market and seamless digital distribution.
Website: www.insuremo.com