Forte Insurance (Cambodia) Plc., the largest general insurer in emerging Southeast Asia, has been honored as the Best General Insurance Company in Cambodia 2024 for the ninth consecutive time by Global Banking & Finance Review, a prestigious acknowledgment within the global banking and financial community.
The Global Banking & Finance Review Awards, renowned for their high standards and inclusivity across company sizes, select winners based on innovation, achievement, and strategic excellence. Forte's consistent recognition by Global Banking & Finance Review underscores its position as the industry leader in Cambodia with up to 44% market share for more than 20 years.
Since our establishment in 1999, we have remained at the forefront of the Cambodian insurance market, offering a diverse portfolio of individual, corporate, and agriculture insurance products adhering to international standards. Notable offerings include Fire Insurance, Group Personal Accident Insurance, Home and Property Insurance, Marine and Cargo Insurance, and others.
We continuously refine these products to cater to the evolving needs of the local market while actively promoting the positive impact of insurance on the lives of the people in Cambodia.
In our pursuit of inclusivity, we extend our reach to the agricultural sector through strategic partnerships with the Cambodian government, microfinance institutions, and various organizations. The Weather Index Crop Insurance (WICI) program, a collaboration with these entities, serves as a safety net for smallholder farmers, offering protection against severe losses caused by climate change. Presently, approximately 60,000 farmers are covered, providing security in the face of unforeseen circumstances.
Forte team extend heartfelt thanks to its loyal customers and partners, anticipating a future where the company continues to empower even more families and businesses to live with confidence.