Insurance firm AIA Vietnam and e-commerce company Tiki have announced a 10-year exclusive partnership on Monday, to widen its financial service offerings in the country.
Under the collaboration agreement, AIA Vietnam will become Tiki’s exclusive insurance partner, providing life and health insurance solutions for Tiki users on its e-commerce platform. AIA Vietnam and Tiki will also jointly explore further collaboration opportunities to offer more services in the future as the local financial needs grow.
Wayne Besant, CEO of AIA Vietnam, said in a statement that the partnership would cover products in “lifestyle benefits and innovative distribution, distinctive digital health and wellness offerings, and other financial and e-commerce propositions”.
“For the first time, we will offer bite-size protection and lifestyle-related products on the Tiki platform. Through this digitally-driven partnership, we will offer products tailored to customers’ life stages,” he said.
DealStreetAsia reported last week that Tiki has raised its first tranche of Series E funding at $100 million from a global strategic investor as the lead investor.