Terms of Service Agreement Signing Ceremony Between Hillridge Technology and Bao Minh Insurance Corporation

Friday, 26 May 2023, HCMC, Vietnam - AusCham Corporate Members, Hillridge Technology and Bao Minh Insurance Corporation after much negotiation have signed a ‘Terms of Service Agreement’. Hillridge Technology is a technology start-up company helping farmers in Australia and beyond obtain weather-index protection. Hillridge is creating technology that connects farmers to insurance underwriters, who can provide short term coverage in a way that is tailored to their farm. 

James Symons said “We have been seeking to engage a local insurance partner to license Hillridge’s parametric/weather index insurance platform to provide a distribution channel for climate insurance products for at-risk Vietnamese farmers. As the second biggest Insurance company in Vietnam, Bao Minh is a significant partner for us".

Attending

- Nguyen Ngoc An, Deputy CEO, Bao Minh Insurance Corporation
- Dang Tien Dung, Deputy GM Property & Engineering Insurance Division, Bao Minh Insurance Corporation
- Dale Schilling, CEO, Hillridge 
- James Symons, Business Development Director APAC, Hillridge
- Simon Fraser, Executive Director, AusCham
- Nguyễn Do, Senior Business Development Director, Austrade
- Dominic Balusirya, Economic Consul, Australian Consulate in HCMC