Collaborative Milestone: i-Brokers Teams Up with LMG Insurance
i-Brokers is pleased to announce a new strategic partnership with LMG Insurance to offer medical insurance products to clients globally. This partnership represents a significant step in making high-quality medical coverage more accessible and tailored to individual needs, thereby enhancing customer satisfaction and trust in the insurance sector. It brings together i-Brokers’ expertise in the medical insurance space and LMG’s strong foothold in the Insurance sector. Compare the best insurance plans for you here.
With its parent company (Liberty Mutual) having been around for over a century, LMG Insurance has solidified its reputation as a provider of reliable insurance services, catering to the evolving needs of its customers.
As an online insurance brokerage platform that provides a comparison and facilitation service for individuals and businesses looking to purchase insurance, this partnership allows i-Brokers to integrate LMG’s product offerings into their platform. The platform is known for its user-friendly interface and the convenience it offers users in selecting insurance products. It also allows LMG to expand its reach and streamline the insurance buying process for its customers. Specifically, it is set to enhance the customer experience by leveraging i-Brokers’ digital platform for easy comparison and purchase of insurance policies.
LMG Insurance stands as one of the top-ranked entities in Thailand’s insurance market, renowned for its trustworthiness and reliability that spans across the country. The company boasts financial stability with approximately THB 1,700 million in authorized capital and is backed by the Liberty Mutual Insurance of the USA, one of the world’s leading insurance providers. Liberty Mutual Insurance Group, the parent company, has been in business since 1912 and is headquartered in Boston. As of ending 2022, Liberty Mutual had $50 billion in annual consolidated revenue and employed over 50,000 people across 29 countries and economies around the world.
In the wake of this strategic alliance, LMG stands to reinforce its market position as a leader and a pioneer, pushing the boundaries of what’s possible in insurance provision and continuing to build upon their legacy of trust and excellence.
Regarding the new partnership, i-Brokers Director Michael Smith said,
“It’s a great honor for us to partner with LMG as a distributor of their medical insurance products. The meticulous design and comprehensive market analysis behind these products are evident. We’re excited about the potential this partnership holds and are committed to making a significant impact in the global medical insurance market together with LMG Insurance.”
To conclude, by combining i-Brokers’ expertise as an online insurance broker with LMG Insurance’s strong presence globally, the two firms aim to enhance accessibility, affordability and convenience for customers seeking quality healthcare coverage worldwide. This partnership signifies the growing recognition across the insurance industry of the need to adapt products and services to the digital age. It’s about harnessing digital capabilities to help safeguard what matters most to policyholders.