Prévoir News

Microinsurance firm more than triples coverage across Cambodia

As the first microinsurance provider in Cambodia, PKMI (Prévoir Kampuchea Micro Life Insurance Plc) has expanded into all 25 provinces to help middle- to low-income individuals and businesses mitigate the high cost of health care in the event of an emergency. Established in 2011, PKMI, a subsidiary of the French-owned company Prévoir Group created in France in 1910, provides affordable health, life and personal accident insurance.

A Tool For Preventing Poverty

Cambodia’s insurance industry is slowly emerging, from a single pioneering provider – the state-owned Cambodian National Insurance Company – opening up in 1990 to 11 firms today. Companies now offer a broader range of products, including micro-insurnace options. In mid-2012, Prévoir Kampuchea Micro-Life Insurance (PKMI), a subsidiary of French health and life insurance firm Prévoir, began offering life insurance services with a coverage limit of $5,000 to rural customers.

This week, Post reporter Hor Kimsay spoke with Solène Favre, CEO of PKMI, about how the nascent Cambodian insurance market is evolving.

កីឡា​ដើម្បី​សុខភាព បើក​ការ​ប្រកួត​រដូវកាល​ទី​២

ការ​ប្រកួត​កីឡា​បាល់ទាត់​ពាន​រង្វាន់​កីឡា​ដើម្បី​សុខភាព លើក​ទី​២ ឆ្នាំ​២០១៤ បាន​និង​កំពុង​បើក​ដំណើរការ នៅលើ​ទីលាន​សិប្បនិម្មិត​វាលពន្លឺ ហើយ​ការ​បង្កើត​ឲ្យ​មាន​ការ​ប្រកួត​នេះ​ឡើង ដោយសារ​តែ​ការ​ប្រកួត​លើក​ទី​១ ដែល​ទើប​បាន​បញ្ចប់ កាលពី​ថ្ងៃ​ទី​១៩ ខែ​មេសា ឆ្នាំ​២០១៤ បាន​ទទួល​លទ្ធផល​ល្អ​ស្រប​ទៅ​នឹង​ឈ្មោះ​នៃ​ព្រឹត្តិការណ៍​នេះ គឺ​ការ​លេង​បាល់ទាត់​ដើម្បី​សុខភាព និង​ការ​បង្កើត​នូវ​មិត្តភាព។

MFI and Insurance Firm Partner Up

Chamroeun Microfinance Limited and Prevoir Kampuchea Micro Life Insurance PLC (PKMI) on Wednesday joined efforts to provide insurance to those on lower incomes.

The partnership will provide health insurance to its clients at about $0.51 per month for adults and $0.26 per month for those aged between five and 17, said Suon Sophea, the CEO of Chamroeun, at a ceremony at the company’s head office.