AEGIS Risks Defined
Conversation with us
  • ABOUT US
    • Our Vision and Mission
    • Global Network
    • Careers
    • Contact Us
  • OUR SERVICES
    • Risk Management >
      • Insurance Management Services
      • Risk Mitigation and Management Services
      • Alternative Risk Transfers
      • Disaster Recovery and management Services
    • Insurance Consulting and Claim Support
  • INSURANCE SOLUTIONS
    • Construction Insurance >
      • Construction All Risks Insurance
      • Bonds and Surety/Guarantees Insurance
      • Marine Cargo and Inland Transit Insurance
      • Delay in Start-Up (DSU) Insurance
    • Operational Insurance >
      • Group Motor Fleet Insurance
      • Money, Fidelity and Crime Insurance
      • Property and Casualty Insurance
      • Business Interruption Insurance
      • Cyber Risks Insurance
      • Key Man Insurance Insurance
      • Extended Warranty Insurance
      • Group Motorcycles Insurance
    • Liability Insurance >
      • Myanmar Tour Operators Liability
      • D&O Management Liability Insurance
      • General Public and Products Liability Insurance
      • Product Recall Insurance
      • Professional Indemnity Insurance
      • Medical Malpractice Insurance
      • Employer's Liability Insurance
      • Events Liability Insurance
      • Premises Pollution Liability Insurance
    • Jewellers Block Insurance
    • Financial Lines >
      • M&A Insurance
    • Export Insurance >
      • Trade/Export Credit Insurance
      • General Public and Products Liability Insurance
      • Marine Cargo and Inland Transit Insurance
    • Employee Benefits Insurance >
      • Insurance Solutions >
        • Group Medical Healthcare Insurance
        • Group Personal Accident Insurance
        • Group Life Insurance
        • Group Pensions Insurance
        • Group Travel Insurance
    • Agricultural Insurance >
      • Aquaculture Insurance
      • Livestock Insurance
      • Plantation & Forest Insurance
    • Golf Insurance >
      • Hole-In-One Insurance
      • Golfers' Insurance
    • Marine & Aviation >
      • Marine Cargo and Inland Transit Insurance
      • Marine Hull and P&I Club Insurance
      • Delay in Start-Up (DSU) Insurance
      • Aviation Insurance
      • Stock Throughput Insurance
    • Private/ Individual Insurance >
      • Travel Insurance
      • Economic Health Insurance
      • Myanmar Healthcare Insurance
      • High Value Life Assurance
      • HomeCare Exclusive Insurance
      • Golfers' Insurance
  • CLAIMS SUPPORT
    • Claim Notification
    • Claims Support and Consulting Services
  • INQUIRIES
  • NEWS & RESOURCES
    • News and Updates
    • Downloads and Resources
    • EMERGENCIES
  • Insurance and Risk Management Terms
  • AEGIS Privacy Policy
  • FAQs
    • Credit Insurance
    • Business Interruption Insurance
    • Public Liability and Product Liability Insurance
    • Premium Healthcare Insurance
  • AEGIS Blog

Astreos - Interview with Au Quang Hien, CEO of AEGIS Vietnam
(Published in January 24th, 2015)


Picture
Hien, can you introduce AEGIS to our readers?

Au Quang Hien: AEGIS was one the first insurance intermediary to operate in Vietnam. AEGIS, since our humble beginnings in 2002, became, then and now, the only independent firm to challenge the global insurance brokers in the country. 

We have a highly committed team that strictly focuses on risk advisory, with a personal touch, to our Clients prior to any programs are designed and placed. We are also proud to possess one the most professionally qualified team that is divided into specialist units and through them we strive to be the premier service provider in Vietnam, Myanmar, Cambodia and Laos.


How can Credit Insurance help Vietnamese enterprises?


Au Quang Hien:
Unlike many countries, Vietnam does not have an “export credit agency” that helps businesses when faced with overseas bad debts or in some case even political risk issues.


Due to this, we have made Credit Insurance one of our key strategic products to  both achieve differentiation, whilst at the same time help our Clients to grow and protect them in case of protracted or non-payment. Non-payment continues to be faced by many Vietnamese exporters as the country's export revenues continue to surge ahead, in particular as competition grows and new market's are sourced.

Who are the key players in the Vietnam credit insurance market?

Au Quang Hien:
Credit insurance in Vietnam is technically offered by five key underwriters,  AIG, QBE as well Atradius, Coface, Euler Hermes with the latter three via appointed local partners since Vietnam has local admitted policy regulations in place. 


Whilst not directly involved, we believe the credit insurance market in Vietnam would flourish more should banks and financial institutions finally start reviewing their positions in allowing credit insurance policies to be fully acceptable and secure collateral. 

What are your future plans?

Au Quang Hien:
From a general insurance point of view, we aim to continue to be the innovative company that brings to our marketplace ideas and products to help the market as well as our valued suppliers. For example AEGIS was first to introduced the following:-
  • Principal Controlled Construction All Risks Insurance
  • D&O/Management Liability 
  • Various Insurance Bonds
  • Livestock & Aquaculture Insurance
More specifically on Credit Insurance, being one of the first movers, we aim to continue to promote Astreos Credit in the country and to help and support new innovation in the local financial sector through Credit Insurance and much needed localised services such as Factoring, Credit Management and Debt Collection. With the truly experienced team and support that we now have with Astreos, we are genuinely excited about the future!

Many thanks to Au Quang Hien for their help on this special report about Vietnam!


Back
Change display language EN |  VN
© Copyright 2013 AEGIS. All rights reserved.