Collaborative Leap: Shin Kong Vietnam teams up with PVI for Advancement in Digital Insurance Expansion
The strategic collaboration between Shin Kong Vietnam and PVI Insurance, inaugurated in mid-2025, marks a significant step forward in the digital transformation of Vietnam's insurance sector. This partnership combines Shin Kong Vietnam's advanced digital insurance platform capabilities with PVI's local market insights and regulatory expertise to drive growth in the rapidly expanding Vietnamese insurtech sector.
The partnership was formally launched with a grand opening ceremony attended by prominent figures such as the Director General of the Vietnam Insurance Authority, representatives from Taiwan’s Financial Supervisory Commission, and leaders from Shin Kong Life, PVI Insurance, and other strategic partners.
AFTT Enterprise, a key partner in this collaboration, brings its IXT core insurance platform to the table, enabling rapid digitalization of insurance offerings. This technology is leveraged by Shin Kong Vietnam to deliver localized and customer-centric insurance solutions in Vietnam.
The objectives of this partnership are threefold. First, it aims to facilitate access to cutting-edge digital insurance technologies and scale innovative insurance services tailored to the Vietnamese market. Second, it seeks to support Vietnam’s ongoing digital insurance transformation through diverse distribution channels and localized solutions. Lastly, it aims to combine global expertise with local regulatory and market insights, fostering a more customer-focused and technologically advanced insurance ecosystem.
This partnership is a significant milestone signaling the growth of insurtech innovation in Vietnam, enhancing the digital maturity of local insurance providers. It promotes the adoption of digital insurance platforms, improving customer experience and operational efficiency in the sector. By integrating advanced technology with local knowledge, it sets a precedent for future collaborations and encourages competitive digital insurance offerings, thus accelerating Vietnam’s transition to a more sophisticated and accessible insurance market.
In addition to its impact on the local insurance sector, the Shin Kong Vietnam PVI partnership has broader ambitions. AFTT Enterprise, with its understanding of the unique opportunities and challenges in Vietnam, aims to expand across Southeast Asia.
Mr. Duong Thanh Francois, the chairman of PVI Insurance, stated that the partnership represents a powerful combination of technology and tradition. Meanwhile, Chairman Wei of Shin Kong Life expressed his excitement, stating that the partnership is a significant milestone and that AFTT's IXT core insurance platform has allowed them to digitize rapidly.
The partnership between AFTT, Shin Kong Vietnam, and Chunghwa Telecom Vietnam Co., Ltd. delivers enterprise cloud solutions, cybersecurity services, and consulting to various industries. Together, they aim to create a digital insurance ecosystem in Vietnam prepared for the future, raise industry standards, and bring greater value to Vietnamese customers. The grand opening ceremony signifies a new era of collaboration and innovation in Vietnam's insurance industry.
- Visitors to ffnews.com might find an article discussing the collaboration between Shin Kong Vietnam, PVI Insurance, and AFTT Enterprise, which leverages technology to digitize insurance offerings and drive growth in Vietnam's insurtech sector.
- As part of their expansion plans, AFTT Enterprise, a key player in this strategic partnership, aims to leverage the technology-focused environment in Vietnam's insurtech sector, as showcased by the Shin Kong Vietnam and PVI Insurance partnership, to expand their operations across Southeast Asia.
