Sunday, February 12, 2012

Cambodia’s first micro-life insurance firm

Previor Kampuchea Micro-life Insurance Plc (PKMI), a subsidiary of
Groupe PREVOIR (GP), officially became the first micro-life insurance
company in Cambodia when it opened last Friday.

Keat Chhon, the minister of economy & finance, said the company's
offer is a milestone towards helping Cambodians in low-income, rural
areas.

"PKMI will participate in reducing the poverty in Cambodia by offering
and promoting products that insure access to health care for
Cambodians with low-income," he said, adding that the company has
received the full support from his ministry.

"GP has looked at the potential Cambodian micro-insurance market for
the last couple of years. We are the first and only licensed
micro-insurer to open a new page in the Cambodian insurance
industry," said chairperson Cecile Gerard.

http://www.phnompenhpost.com/index.php/2012021354464/Business/cambodias-first-micro-life-insurance-firm-opens.html