OPES is owned by Vietnam Prosperity Joint-Stock Commercial Bank (VPBank), and according to Paul Stacy, Chief Executive Officer at IMS, the product will be the first wholly digital, telematics-based insurance offering in Vietnam, and it is aimed at the country’s ~3 million car drivers. The new product, “O∙Car”, using the IMS One App SDK to deliver its core capabilities, launched to market earlier this month>. 07, 2022 (GLOBE NEWSWIRE) - OPES, the first digital-only insurer in Vietnam, has teamed up with IMS, the global connected insurance solutions business, to supply smartphone app-based telematics insurance to car drivers in Vietnam. London, UK and Waterloo, Ontario, Canada, Nov. Not only are we excited to join the motor insurance market with this innovative, new product but we also want to help promote and build a safe driving culture among Vietnamese drivers to help reduce the accident rate in the long run.” Dang Hoang Tung, Chief Executive Officer of OPES said: “This is a groundbreaking opportunity for telematics-motor insurance in Vietnam and we are very excited to be pioneering the new OPES insurance app in partnership with IMS after a successful trial.
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