On June 12, 2023, Saigon – Hanoi Insurance Corporation (BSH Insurance) and Vietnam Truck Community Joint Stock Company (U-TRUCK) officially held a signing ceremony for a cooperation agreement to provide truck insurance services nationwide.
(Mr. Le Van Tinh – Director of U-TRUCK on the left, and Mr. Nguyen Van Truong – CEO of BSH Insurance on the right)
Based on shared perspectives, common goals, and long-term strategic visions for mutual growth, both being pioneering organizations in their respective industries, BSH Insurance and U-TRUCK signed a cooperation agreement to provide truck insurance services for customers purchasing vehicles at more than 24 U-TRUCK station chains nationwide.
The cooperation agreement between the two parties focuses on motor vehicle insurance products with many exclusive benefits for customers of the Vietnam Truck Community. Accordingly, this partnership not only brings attractive incentives and the convenience of accessing a comprehensive product package that meets both vehicle protection and truck operation needs for U-TRUCK customers, but also creates opportunities for customers to enhance their experience with digital products and online services on the platforms of both organizations.
Speaking at the signing ceremony, Mr. Le Van Tinh, Director of U-TRUCK, shared:
“With U-TRUCK’s position in the industry, our vision, and dedication to customers, we believe this strategic partnership will provide customers with even better experiences when choosing and using the products and services of both parties.
The cooperation between U-TRUCK and BSH enables U-TRUCK to achieve its most important goal – protecting the transportation customer ecosystem comprehensively with top-quality insurance products. At the same time, U-TRUCK’s station chains will serve as an extended network for BSH to fulfill its mission of protecting customers in general, and U-TRUCK’s transportation customers in particular. Together, both parties aim to deliver the most comprehensive and optimized transportation solutions for our shared customer base.”
(Mr. Le Van Tinh – Director of U-TRUCK delivering a speech at the ceremony)
Sharing the same spirit of cooperation for customer benefits and mutual growth, Mr. Nguyen Van Truong – CEO of BSH Insurance stated:
“The collaboration between BSH – a leading company in the motor vehicle insurance segment – and U-TRUCK, a transportation company pioneering the application of Industry 4.0 technology, will mark a new step forward in creating a comprehensive ecosystem for the transportation industry with full utilities to meet the diverse needs of customers.
With a wide range of insurance products, a nationwide network, and extensive experience cooperating with multiple sales channels, BSH is committed to providing U-TRUCK customers with suitable insurance solutions featuring outstanding benefits, along with fast, convenient, and high-quality products and services.”
(Leaders of BSH Insurance and U-TRUCK at the signing ceremony)
The strategic partnership with U-TRUCK not only provides an opportunity for BSH Insurance to expand its network and increase its market share in the motor vehicle insurance segment, but also enables both parties to grow together while boosting revenue and profitability.
With a highly experienced workforce and modern sales solutions, BSH and U-TRUCK believe that customers will enjoy the best purchasing experiences and service quality. In addition, this cooperation also serves as proof of both companies’ brand credibility, further reinforcing the strong market position of both BSH and U-TRUCK.
Choosing reputable partners that provide high-quality products and services reflects U-TRUCK’s commitment to continuously improving service quality and maximizing customer benefits.
It is known that Saigon – Hanoi Insurance Corporation (BSH) is currently ranked among the Top 50 Fastest Growing Enterprises in Vietnam according to Vietnam Report. For many consecutive years, BSH has also been voted by consumers as one of the Top 10 Most Reputable Non-life Insurance Companies in Vietnam. As of now, BSH is among the Top 5 companies in the motor vehicle insurance market share. The company currently operates 52 member companies and more than 63 business offices nationwide, ranking 6th in the market in terms of business network scale.
Matching the strong reputation of BSH Insurance, U-TRUCK – with the trust and support of its customers – has grown significantly with a nationwide network of 3S-standard service stations. The company has partnered with many major distributors in Vietnam and around the world, including CNHTC, JAC Motors, VIMID, and VTRUCK.
U-TRUCK distributes a wide range of vehicles, including dump trucks, tractor heads, concrete mixer trucks, heavy and light-duty trucks, specialized vehicles, and semi-trailers imported as completely built-up units (CBU) from well-known brands such as HOWO, SITRAK, JAC, and CAMC
The partnership with BSH Insurance in particular, as well as with financial and insurance service providers in general, demonstrates U-TRUCK’s dedication to serving customers and its ongoing commitment to delivering added value. U-TRUCK aims to act as a bridge that connects a 360-degree customer ecosystem, providing the most comprehensive transportation solutions for its customers.
In addition, by pioneering the development of new technology platforms, U-TRUCK is always ready to help businesses, organizations, and individuals easily participate in the transportation ecosystem, access information, build their brands, and establish transportation connections.
