The Thai insurance regulator, the Office of Insurance Commission (OIC), has asked Google to help formulate guidelines to prevent and suppress insurance-related offences in the form of fake applications or offerings of unlicensed foreign insurance companies that are operators not supervised by the Commission.
OIC officials met Google representatives in Bangkok in February this year to discuss ways to coordinate and cooperate in preventing risks and detrimental impact on the public from insurance products offered by those who intend to deceive the public.
OIC Deputy Secretary General for Legal and Audit Mr Adisorn Pipatwarapong said the OIC is ready to take relevant actions and ensure effective guidelines for the prevention and suppression of these offenses.