“Dhipaya” joins force with “G-Able” in a launch of innovative car insurance “iON GO Ultimate Safe Drive by TIP,” first time in Thailand

Technology News Monday October 21, 2019 17:22 —PRESS RELEASE LOCAL

Bangkok--21 Oct--G-Able Dhipaya Insurance PCL. (TIP), a leader in digital insurance, is joining force with G-Able, a leading digital solution provider to innovate new user experience for car insurance via "iON GO," a smart application, promoting safer road experience. Using "First Intelligent Smartphone Based - Pay - How - You - Drive Insurance in Thailand" innovation, to reflect a driving behavior of driver, and analyze these data to calculate for car insurance premium in order to encourage good driving behaviors. A safe driver will get iON Coins as tokens worth up to 65% of insurance premium – aiming to reduce a car accident and elevate a quality of life for Thai people. Dr.Somporn Suebthawilkul, Managing Director of Dhipaya Insurance PCL. (TIP) stated that "Currently, Dhipaya Insurance has been active in devising projects and activities to promote road safety and accident reduction continually every year. In addition, Dhipaya Insurance has continued to organize campaigns undermining behaviors such as fast driving, quick take over, rapid lane switching, and others which lead to a higher rate of road accident. We see that a better driving behavior will reduce a risk of accident. In addition, customers today share the pain point of having to pay for a fixed rate car insurance premium, despite having good driving behavior. To address these points, we should reward a safe driver, Dhipaya Insurance and G-Able has created this an innovative car insurance product, "iON GO Ultimate Safe Drive by TIP" – Drive safely and earn back throughout the year for voluntary insurance buyer who has purchased insurance through iON GO application to promote good behavior. Drivers with good driving behaviors will earn iON Coins with value up to 65% of insurance premium throughout the coverage term. In addition, if the user opts to extend the coverage term, they will also get a discount in case of clean record in previous year." Suthep Oonmettachit, President of G-Able revealed that "As a leading digital solution provider, G-Able is committed to develop and co-create a digital insurance business with Dhipaya Insurance. With the cooperation, G-Able and Dhipaya Insurance aim to provide greater experience to customers in getting car insurances and rewards via iON GO with a behavior based scoring of drivers. Having the shared vision in becoming the leader in innovative and digital business, G-Able is ready to support Dhipaya Insurance and innovate a new business together in the future". Pawarut Liawrakolan, Marketing Director of iON GO, G-Able stated that "Under the "Better Society, Quality of Life, and Fair Economy" concept of iON GO, we differentiate an insurance coverage available on iON GO from the rest of the market as the "First Intelligent Smartphone Based - Pay - How - You - Drive Insurance in Thailand" – the application is able to detect driver's behavior on many aspects such as driving speed, acceleration rate, break rate, phone usage while driving, and speeding in community area. Together, the application assesses the behavior and determines the score of drivers and grant iON Coins accordingly to the behavior. The better the driver's behavior, the better the iON Coins earnings. iON GO is available on both Android and iOS, which everyone already has, without having to pay any extra cost." Download iON GO free of charge at Google Play or AppStore. For more information, please enquire through iON GO Fan page at www.facebook.com/iONgoApp/

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