Thai Setakij Insurance Plc has recently signed a memorandum of understanding (MoU) with Ideanomics Inc and GT Group Singapore for collaboration in developing insurance IT systems.
Ideanomics is a leading financial services firm specialising in global fintech and artificial intelligence technology for next-generation financial services. It is also listed NASDAQ.
GT Group, meanwhile, is well-known for developing technology related to lifestyle in Singapore.
The MoU, signed at Novotel Singapore on Stevens, shows a steadfast cooperation on IT innovation and fruitful business growth, Thai Setakij said in a statement on Monday.