APA Phongsavanh Insurance and INDUSTEK COMPANY LIMITED have entered into a strategic partnership agreement whereby the two parties will combine their respective insurance and training solutions, to help improve occupational health, safety and environment at workplaces.
The partnership initially will bundle personal accident insurance with worker safety and health training INDUSTEK provides to local and international companies in Laos. This training applies to all industrial segments, and specifically to high-risk segments such as mining, manufacturing, power generation etc. The two parties have also agreed to explore all additional venues of co-operation which leverage their respective strengths including joint marketing of solutions to corporates.
Speaking at the ceremony, Dean Robertson, Chief Executive Officer, APA Phongsavanh said, “APA and INDUSTEK are natural partners as both are focused on innovation and helping communities thrive. INDUSTEK’s initiatives on worker safety and training continue to bring workplace safety in Laos to international standards. Its commitment to innovation is recognized through many industry awards, most recently 2023 Prestige Awards for occupational health, safety and environment. Similarly, APA’s mission is to be the most trusted and innovative insurance company in Laos. We are a locally owned company, and this strategic partnership is consistent with our mission to make a difference in the lives of local people and communities.”
Mr Phonesavanh Xaypanya, Managing Director, INDUSTEK COMPANY LIMITED remarked, “INDUSTEK is proud to partner and collaborate with APA. We each bring different strengths to this partnership. INDUSTEK focuses on worker safety and combined with APA’s insurance solutions, our partnership will help improve worker safety and environment and ultimately the local workers and communities in Laos, and bring them to international standards. We also look forward to strengthening our strategic partnership in the coming months by identifying new areas of collaboration.”