Aeon Insurance eyes Cambodia

Aeon Insurance Service (Thailand), the insurance broker of Aeon Thana Sinsap (Thailand), will study doing business in Cambodia as part of its synergy with Aeon Group, which is constructing its first mall in Phnom Penh. Managing director Sakarabhop Dhivarakara said yesterday that even though there were only about five insurance companies in Cambodia, Aeon needed to take the time to study this market because of the complicated regulations. Next week the firm will survey the business opportunities there. … Once completed, the new Aeon mall in Phnom Penh will house outlets of the firm’s financial arms, including insurance, to provide a full range of products and services. … Aeon Insurance Service (Thailand) is an amalgamation of ACS Insurance Broker (Thailand) and ACS Life Insurance Broker (Thailand) that became effective yesterday. Aeon Thana Sinsap (Thailand), the parent company, wanted to combine the two companies for flexibility and cost efficiency.