18 May 2005 : Updated 1200hrs
FORTE Builds Confidence in insurance in Cambodia

Forte has always focused on what is appropriate for Cambodia. For example, we maintain a policy of short tail liability, whereby we settle customers’ claims within a limited time from the date of the claim. This is because we understand that the Cambodian environment is not conducive to long-term liability, which prolongs the claim payout, due to the nature of the claim.

This viewpoint stretches to all segments of our business strategy. We are continuously researching the needs of the market and the suitability of products for Cambodian people. We have a department of homegrown professionals that are dedicated to dealing with development of existing products and research for new products. All products on offer are solely Forte branded and developed, especially for the needs of Cambodia.

In understanding the insurance needs of Cambodia, we would need an in-depth understanding of the business environment. After a period of struggle, the business sector has shown tremendous development over the past 5 years, but on a whole it is still young and nervous. Forte fully appreciates that every business has it’s own special characteristics and independent requirements. Generally, what is needed is confidence, assurance of growth and the ability to envision the future.

Forte’s extensive range of products is divided into general insurance products and specialized insurance products. Below is a brief overview of what each product offers.

reported by Forte Insurance (Cambodia) .Plc

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