Cambodia – Vietnam Insurance PLC (CVI)

Most Innovative Digital Transformation Non-Life Insurer

Cambodia – Vietnam Insurance Plc (CVI) has once again affirmed its reputation as one of Cambodia’s leading insurance companies when it was honored receive the title Best Commercial Insurance Products from The Global Economics Awards 2025. This prestigious recognition comes only a year after CVI received the Fastest Growing Digital Non-Life Insurance Company award in 2024, underlining the company’s consistent growth and its ability to innovate in an increasingly competitive market.

The Cambodian General insurance sector has been experiencing steady development over the past decade, with premiums nearly doubling in a few short years. Although insurance penetration in Cambodia remains relatively low compared to regional peers, the potential for growth is significant. Within this context, CVI’s ability to maintain a position among the top 5 General Insurers in Cambodia highlights the company’s strong performance and strategic focus.

CVI, established in July 2009, was founded with the support of the Bank for Investment and Development of Vietnam (BIDV) through its subsidiary, the Bank for Investment and Development of Cambodia, together with key shareholder including Diamond Island Development Co., a member of Canadia Investment Holding. From the outset, CVI has pursued the mission of delivering reliable insurance services while promoting economic cooperation between Cambodia and Vietnam. Its vision is to become a market leader in Cambodia, not only by market share but also by digital innovation, customer trust, and sustainable business practices. CVI offers a wide range of insurance solutions tailored for both individuals and corporations. Its product portfolio includes motor and motorcycle insurance, health and personal accident coverage, travel, property insurance, fire and engineering, cargo, liability, aviation, and agriculture insurance.

The recognition from The Global Economics Awards in both 2024 and 2025 not only celebrates CVI’s achievements but also reinforces its role as a trusted and innovative insurer in Cambodia. With its strong foundations, diverse product offerings, and clear vision for the future, CVI is committed to offering clients with our best services and continuing to contribute to the growth of the Cambodian General insurance market.