Business Daily Media

The Times Real Estate

.

Sara Lamsam of Muang Thai Life Assurance Recognised as Outstanding Leader in Asia at ACES Awards

BANGKOK, THAILAND - Media OutReach Newswire - 28 November 2024 - The Asia Corporate Excellence & Sustainability (ACES) Awards 2024 celebrated the remarkable achievements of Sara Lamsam, CEO of Muang Thai Life Assurance Public Company Limited (MTL), who has been honored as an Outstanding Leader in Asia.

With over 31 years of dedicated service, Sara Lamsam has transformed MTL into not just a leader in Thailand's life insurance sector but also a formidable contender in the regional market, with successful expansions into Cambodia, Laos, Myanmar, and Vietnam.

Mr. Sara Lamsam, CEO of Muang Thai Life Assurance Public Company Limited (middle), proudly accepts the prestigious Outstanding Leaders in Asia award at the ACES Awards 2024. The award was presented by Dr. Shanggari Balakrishnan, President of the ACES Awards (left), and Mr. Hemant Batra, Honorary Chairman of the ACES Awards, in recognition of Mr. Lamsam’s exceptional leadership and transformative impact on the industry.
Mr. Sara Lamsam, CEO of Muang Thai Life Assurance Public Company Limited (middle), proudly accepts the prestigious Outstanding Leaders in Asia award at the ACES Awards 2024. The award was presented by Dr. Shanggari Balakrishnan, President of the ACES Awards (left), and Mr. Hemant Batra, Honorary Chairman of the ACES Awards, in recognition of Mr. Lamsam’s exceptional leadership and transformative impact on the industry.

Sara Lamsam has played a pivotal role in reorganizing and modernizing MTL, reinventing its corporate image as colorful, fresh and globally recognizable. He initiated fuchsia color as the brand's uniqueness color, inspired by the "morning sunshine", to represent new beginnings and resilience with the phrase, "Never Give Up". Our identity has significantly contributed to establishing MTL as a leading insurance brand dedicated to bringing happiness and smiles to everyone. It has mainly resulted that MTL has earned awards and recognition both domestically and internationally.

As an industry pioneer, Sara Lamsam spearheaded the integration of innovation into the life insurance business, particularly creating Thailand's first CRM system in the business under the "Muang Thai Smile Club" which delivering happiness and exclusive privileges to our customers. Sara Lamsam has also been instrumental in the development of health insurance products such as "Elite Health Plus", "D Health Plus". In the latest, MTL has initiated "Care Plus", which provides up to 5-million-baht coverage per disease per year. These products address critical health needs, including specific coverage for cancer, chronic kidney failure, inpatient and outpatient treatment, and mental health services, and demonstrate MTL's commitment to comprehensive healthcare solutions.

Innovation continues to be a key pillar of MTL's strategy, with the recent launch of two user-friendly applications, "MTL Click" and "MTL Fit." These platforms enhance customer engagement by allowing policy management, digital claim submission, and exercise incentives that encourage healthy living. With over 1.3 million and 100,000 users, respectively, both applications have garnered accolades, including the Business+ Product Innovation Award for four consecutive years.

Sara Lamsam's emphasis on technological advancements has further strengthened MTL's operations. Initiatives such as paperless processes, straight-through processing claims, and the introduction of the "Chompoo AI-Chatbot" exemplify MTL's commitment to enhancing customer service and operational efficiency.

An influential figure in the insurance sector, Sara Lamsam has held several prestigious roles, including Chairman of the Federation of Thai Insurance Organisations and President of the Thai Life Assurance Association. His notable contributions include refining the Liability Adequacy Test, resulting in a significant reduction of the impact on reserve levels during a challenging economic period.

In recognition of his exceptional leadership and significant contributions to the industry, Sara Lamsam has been honoured with multiple prestigious accolades over the years, including distinctions celebrating his entrepreneurial excellence and leadership. His recent acknowledgment for fostering a positive and thriving workplace further underscores his dedication to creating an inspiring work environment.

Believing that a happy workforce is integral to producing exceptional products and services, Sara Lamsam has cultivated a workplace culture that values employee satisfaction. Under his leadership, MTL has earned the "Hall of Fame" award for fourth consecutive years and has been recognized as the Life Insurance Company with Outstanding Management for 18 years.

Looking ahead, Sara Lamsam is focused on expanding MTL's footprint in the region while adhering to international governance standards. His vision includes democratizing insurance under the motto "#1 Most Trusted Life & Health Planning" and implementing ESG initiatives to enhance the company's sustainability and societal impact.

With a commitment to becoming a "Green Insurer," Sara Lamsam is dedicated to fostering a culture of sustainability within MTL, empowering employees to develop future skills aligned with the principles of good corporate governance and appropriate risk management.

Shanggari B, President of the ACES Awards, comments, "It is true to say that MTL enjoys the visibility it has today because of Sara Lamsam. His business strategies, marked by consistent innovation and his ability to lead the company forward, are demonstrated, not only by the growth he has brought to MTL but also by the many accolades that he and his company have won." The Outstanding Leaders in Asia Award is presented to exceptional leaders who have demonstrated sound leadership and successfully applied it to spearhead growth and prominence for the company.


Hashtag: #MTL #MuangThaiLifeAssurance #ACESAwards2024 #Leadership


The issuer is solely responsible for the content of this announcement.

About Muang Thai Life Assurance PCL

Muang Thai Life Assurance Public Company Limited (MTL) is a pioneering life insurance company in Thailand with a strong focus on innovation and customer service. Established 73 years ago, MTL is committed to providing comprehensive insurance solutions that meet the evolving needs of its clients and contribute positively to the communities it serves.


News from Asia

Chubb Life Launches "Health Up" Insurance Plan to Foster a Wellness Lifestyle for the Tech-savvy Generation

HONG KONG SAR - Media OutReach Newswire - 9 May 2025 - Chubb Life Hong Kong today announced the launch of Health Up Insurance Plan (Health Up), a digital insurance plan aimed at promoting and faci...

F88 officially becomes a public company, paving the way for UPCOM listing

HANOI, VIETNAM - Media OutReach Newswire - 8 May 2025 - On May 6, F88 Investment Joint Stock Company (F88) was officially recognised as a public company, marking a major milestone in its growth an...

Dorsett Wanchai and Dorsett Mongkok Promise a Fantastic Summer Vacation for Families

Enjoy up to 35% off for family rooms with complimentary breakfast and delightful amenities for the little ones HONG KONG SAR - Media OutReach Newswire - 8 May 2025 - As summer approaches, the awa...

Vessira Announces Global Debut at Dubai INDEX 2025: Italian-Asian Luxury Furniture Brand Targets Southeast Asian Growth

SHANGHAI, CHINA - Media OutReach Newswire - 8 May 2025 - Vessira, the Shanghai-rooted luxury furniture brand blending Italian craftsmanship with refined Asian aesthetics, will make its internation...

'Buy gold, ask questions later'. Octa broker comments on Trump's first 100 days in office

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 8 May 2025 - Donald Trump's rise to the U.S. presidency was marked by a series of bold and unconventional policy proposals that many pundits deem...

Arlo Unveils All-New Poe Adapter With Enhanced Connectivity

Arlo Introduces the PoE Adapter, offering direct connectivity with existing ethernet switches SINGAPORE - Media OutReach Newswire - 8 May 2025 - Arlo Technologies, Inc. (NYSE: ARLO), a leading b...

Confessions Wraps Filming: Eastern Dark Aesthetics Meet the Abyss of Human Nature, Elevating Chinese Drama to New Heights

SHANGHAI, CHINA - Media OutReach Newswire - 8 May 2025 - Confessions, a psychological suspense series written and directed by Wong Ching-Po and starring Ethan Juan, Gingle Wang, Alyssa Chia, Yi-W...

XTransfer Officially Licensed as EMI by Dutch Central Bank

Builds EU Service Network with the Netherlands as the Hub AMSTERDAM, NETHERLANDS - Media OutReach Newswire - 8 May 2025 - XTransfer, the world's leading and China's No.1 B2B Cross-Border Trade ...

Finex Adopts AI-Based Trading with NexAI, New Feature

JAKARTA, INDONESIA - Media OutReach Newswire - 8 May 2025 - Finex, an Indonesian broker with over a decade of success, is implementing AI techniques in trading – NexAI is now available to all Fin...

A Constellation of Stars Shine at LANDMARK Honoring Eternal Maternal Love with the Brilliance of Natural Diamonds

HONG KONG SAR - Media OutReach Newswire - 8 May 2025 - This Mother's Day, love finds its most radiant expression at LANDMARK in Central Hong Kong. Over 200 distinguished guests, including industry...

UNSW startup accelerator offers $200K to the next generation of Australian deeptech unicorns

UNSW Founders, Australia’s most recommended startup accelerator, has partnered with fund manager Luminary Partners to invest $200,000 each into 18...

The Future Is Now: AI Modernization Is Reshaping How Business Gets Done

The present business environment imposes stronger requirements on Australian organizations to match the fast-paced digital-first economy requireme...

Businesses losing an average of $493k from data integrity flaws

Managing data responsibly and effectively for the AI age can give organisations a strong competitive advantage, but many are failing to harness th...

AI shopping disruptor Zyft raises $7.5M to lead the next gen of retail tech

Zyft appoints new CEO, Richard Stevens, to lead the latest Waller Group success story, valued at $30 million SYDNEY, 28 April 2025: Zyft, the lea...

Little known law offers savvy Kiwis the opportunity to supercharge their retirement savings

A little-known legal amendment is being leveraged by savvy New Zealanders and expat Brits to supercharge their retirement savings. Not many peop...

Cutting edge AI technology designed for doctors to reduce patient wait times launched in NZ

New Zealand specialist doctors now have access to Artificial Intelligence technology to help reduce patient wait times and experts say it could be...

Sell by LayBy