Drivemate partners with LMG Insurance to offer car insurance to ensure peace of mind

Automotive Press Releases Thursday September 28, 2017 13:53
Bangkok--28 Sep--LMG Insurance

Drivemate a hot startup car-sharing platform that provide short-term and long-term car rental services which has similar platform as AirBnB. Drivemate partners with LMG Insurance to ensure peace of mind and continues to raise funding from dtac accelerate and 500 TukTuks

Khun Silratth Sukwatthanasiri, CEO and Co-Founder of Drivemate, said, I studies the successful business model in other countries and would replicate it in Thailand. Major problems with car rentals in Thailand are high prices and limited choices. According to the survey study, average cars are in use for only 5 hours and sit idle for 19 hours. Why don't we make value added of those idle cars? Moreover, we put more customer service as the web system is quite new to Thai people for self-service platform. Currently, Drivemate is able to offer variety of over 100 models of cars with 1,000 average rental transactions per month with business expansion.

Dr. Boonsong Sermsrisuwan – SVP Sales and Marketing, LMG Insurance PCL., said, LMG has the Head Quarter in Boston, USA which was rated at rank 75th from Fortune 100 and operate the business in 5 continents worldwide. We are more than ready to fulfill Drivemate startup from the launch of business. LMG Insurance provides first-class car insurance during the rental agreement period because the normal personal use car insurance is not eligible from usage to claim for accident report. Recently, Liberty Mutual Insurance Group (HQ) has announced to invest in Turo which is one of the world largest peer-to-peer car sharing platform. LMG Insurance continues our strong relationship with Drivemate which is first leading of car-sharing in Thailand that can match with the change of people lifestyle in the city as the future business platform in Thailand.

Latest Press Release

Mazda stimulates the passenger car market with new Mazda3

After enjoying tremendous success with the launch of the new Mazda2 2018 Collection in February that gained the No.1 position in the small passenger car market, Mazda is moving ahead in the C-segment with the introduction of the new Mazda3 premium...

Goodyear Soybean Oil Technology Wins #Environmental Achievement of the Year Award

The Goodyear Tire & Rubber Company has been presented the prestigious Tire Technology International Award for Innovation and Excellence in the category of "Environmental Achievement of the Year" during the 2018 Tire Technology Expo in Hannover,...

Renault-Nissan-Mitsubishi: Alliance Leadership Appointments to Accelerate Synergies

From April 1 st , additional convergence will be put in place to accelerate synergies in key operational areas as part of the Alliance 2022 mid-term plan. Renault, Nissan and Mitsubishi today announced that they have met with the necessary employee...

Photo Release: Mitsubishi Triton Athlete convoy brings support to visually-impaired child education

Mitsubishi Motors (Thailand) Co., Ltd. recently led a media convoy of Mitsubishi Triton Athlete; the stylishly bold sporty truck, to donate special educational supplies and host a luncheon for visually-impaired students at Makutkiriwan School for the...


- Jaguar E-PACE: the design and dynamics of a Jaguar sports car in a five-seat compact performance SUV - Latest connectivity technologies and practicality solutions for busy families - Sports car-inspired design includes - Configurable Dynamics...

Related Topics