Military Insurance Corporation is in the Top 5 prestigious insurance companies in 2021
Steady “shield”
MIC, as an insurance company with the aim of shielding and reducing loss of life and property for customers, always determines the role of protection and safely accompany customers through the Covid-19 pandemic, especially throughout the lengthy time of the pandemic.
In recent years, MIC has invested in researching many products, providing optimal insurance solutions, such as Olympic Insurance (specialized insurance for sports activities), Nanocovax Vaccine Clinical Trial Liability Insurance, Mobile Device Breakage Isurance, MIC Miracle Cancer Insurance, "Healthy During Pandemic" Insurance (in cooperation with Masan), etc.
Furthermore, with the application to buy insurance online anytime and anywhere, MIC focuses on improving the experience and convenience for customers. This program is integrated with the online claim technology, which eliminates the need for an assessor and reduces the time it takes to file a claim. Customers can proactively declare losses, which is ideal during the current pandemic.
As a result of this effort, the company has risen to 5th place in the "Top 10 Prestigious Non-life Insurance Companies in 2021" announced by Vietnam Report (VNR), up two places from the previous year, etc., and the Top 2 Non-life Insurance Companies with The Highest Customer Satisfaction in Terms of Digital Experience awarded by IDG (International Data Group).At the end of the third quarter of 2021, MIC recorded revenue of VND 2,872 billion, up 21.7%, profit of VND 186 billion, up 51.9% over the same period.
The ranking of Top 10 Prestigious Companies is the result of independent and objective research by Vietnam Report based on 3 criteria, financial capacity and efficiency shown in the most recent year's audited financial statements; media credibility is assessed by Media Coding Method (press data encryption); survey of a group of financial experts on the level of awareness and satisfaction about products and services, business results, activities and reputation of the company's leaders.
According to MIC's representative, the company is constantly focused on the objective of sustainable development, as well as social security initiatives that have practical value for the community, deriving from a tradition of kindness and good living values.
MIC funded 2 billion VND to the Covid-19 Vaccine Fund in response to a call to join hands and contribute to the Fund. In addition, the company actively promoted the campaign titled "MIC unites to share & joins hands to battle the pandemic," and took part in a variety of activities to share hardships with people in pandemic-affected areas, express thanks to frontline doctors fighting the virus, and so on.
