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Liberty Insurance Reaffirms Leadership with International General Insurer of the Year Award

by Celia

Liberty Insurance has once again demonstrated its industry leadership by being named the International General Insurer of the Year at the annual Insurance Asia Awards. The prestigious event, established in 2016, honors outstanding insurance companies across the Asia-Pacific region, recognizing those that offer exceptional service quality and innovative solutions.

Liberty Insurance, a pioneer in Vietnam’s non-life insurance sector, has now won the International General Insurer of the Year award for three consecutive years. Additionally, the company has secured two Automobile Insurance Initiative of the Year awards, highlighting its relentless commitment to service excellence and comprehensive protection for its customers.

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Nga Tran, Liberty Insurance’s General Director and Head of Distribution, expressed pride in the achievement. “Being named International General Insurer of the Year for three consecutive years is a profound honor. Since our establishment in 2003 as one of Vietnam’s earliest foreign non-life insurance companies, we have consistently improved our products and services to offer comprehensive protection. This allows our customers to confidently enjoy life and pursue their goals,” Tran said.

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Tran further emphasized Liberty Insurance’s deep understanding of the Vietnamese market, built over 20 years of operation. This knowledge drives the company’s innovation and development of tailored insurance products and services at reasonable rates, meeting the specific needs of Vietnamese customers.

In an era of rapid technological advancement and diverse digital content, customers are becoming more discerning about their insurance choices. Recognizing this trend, Liberty Insurance has positioned itself as a leader in leveraging advanced technology to enhance its business operations.

“We continuously invest in modern technology platforms to provide transparent, up-to-date, and useful information to our customers and partners,” Tran noted. “Our goal is to enable quick and easy access to necessary product information, supporting our customers in finding the right insurance solutions for their families and businesses.”

Liberty Insurance has also improved the convenience and speed of its claims process. In mid-2024, the company launched an online claims submission feature for health insurance products, significantly enhancing the customer experience by streamlining the claim submission process.

Further innovations include website features that allow customers to obtain comprehensive auto care insurance quotes in just one minute and purchase international travel insurance through four simple steps. These features ensure transparent and proactive decision-making for suitable insurance products.

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To offer flexible payment options, Liberty Insurance introduced a “zero per cent interest installment” program for auto insurance products in late 2023. This initiative allows customers to receive maximum protection benefits from Liberty Auto Insurance with payments starting as low as VND35,000 ($1.38) per day, payable in zero per cent interest installments over flexible terms ranging from three to six months.

Liberty Insurance prides itself on its diverse and inclusive leadership team, with nearly half of its members being women. Nga Tran, appointed as General Director and Head of Distribution in September 2023, underscores the company’s steadfast commitment to delivering high-quality insurance products and services in Vietnam.

With these accolades and ongoing innovations, Liberty Insurance continues to lead the way in providing exceptional insurance solutions, ensuring peace of mind and financial security for its customers across Vietnam.

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