Tipy Partners with Beryl 8 Plus to Revolutionize Insurance Ecosystem with AI
Bangkok: TIPH and Beryl 8 Plus collaborate to launch HoriXon T8, an AI-driven digital transformation initiative poised to enhance Thailand’s insurance industry.
The partnership aims to improve the Thai insurance ecosystem with AI-based innovations, elevating services and offering tailored solutions for customers’ evolving needs. Dr. Somporn Suebthavilkul from TIPH and Mr. Apisek Thewintarabhakti of Beryl 8 Plus announced the venture, which will focus on developing AI technology for embedding insurance in everyday products and services, including healthcare, e-commerce, and travel.
With an investment of 50-60 million baht, the joint venture aims to leverage AI to create the “”Future of Insurance,”” increasing premiums in 2025 by threefold. Their goal includes addressing challenges in non-life insurance and targeting substantial market growth, with a long-term view of regional expansion across ASEAN countries.”