Skip to main content

ThaiSri Insurance Selects Juniper Networks to Power Their AI-driven Network Enabling Its Digital-First Customer Experience Transformation

BANGKOK, Thailand, Dec. 02, 2020 (GLOBE NEWSWIRE) — Juniper Networks (NYSE: JNPR), a leader in secure, AI-driven networks, today announced that ThaiSri, one of Thailand’s largest insurers, has selected Juniper Networks’ AI-driven solutions to upgrade and automate the management of its network infrastructure.
With their refreshed AI-driven network, ThaiSri can now centrally manage and orchestrate devices and services, substantially reducing complexity. This has enabled them to quickly deliver new applications and services to the market, while also significantly transforming the digital experience for its large, and exponentially growing, base of customers.With a strong market presence as a leading insurer across Thailand for over 67 years, ThaiSri has been consistently adapting its business to leverage the rapid changes in technology for the benefit of its customers. These digital transformation efforts were accelerated even further when ERGO, the primary insurance arm of German-based Munich Re, one of the world’s leading reinsurers, became a significant shareholder in 2016.ThaiSri’s digital-first approach has driven significant growth of its overall insurance premiums by 41% in 2019, having issued over 1.2 million policies for the year. This represented an increase of over 100% compared to the year before, all without adding any additional staff or deploying any new physical infrastructure. With this rapid adoption of online insurance sales, ThaiSri made the decision to expand its IT capacity to keep up with current customer growth, while also provisioning for future demand.Juniper Networks was selected for this network refresh, having grown alongside ThaiSri as an integral networking partner for over 10 years. With the upgrades completed by early 2020, ThaiSri was able to maintain a smooth transition to its new and expanded AI-driven network with almost no downtime.News Highlights:Juniper Networks’ AI-Driven solutions have addressed ThaiSri’s fast-growing networking infrastructure demands, which have seen an exceptional increase this year.The network refresh has bolstered the reliability of ThaiSri’s digital sales platform, accessed round-the-clock by its agents, brokers and company staff.The EX4300 Switches are managed with Mist Wired Assurance, which leverages AI-powered automation that configures, troubleshoots and protects the company’s network while minimizing human errors and reducing bottlenecks. The Juniper Mist software also provides a unified approach to managing a Juniper network infrastructure, providing IT administrators with a single plane of glass with real-time visibility across connected network devices and servers, all in a single dashboard.With Virtual Chassis technology, up to ten interconnected EX4300 switches operate as a single logical device, reducing operational expenses and simplifying management.Supporting Quotes:
“For over 10 years, our partnership with Juniper Networks has built a stable and scalable system that has empowered ThaiSri to grow rapidly in a digital-first world. The deployment of Juniper’s AI-driven solutions has set a strong foundation for even further digital transformation in the future, which allows us to continue to offer the cutting-edge services that are responsive to our customer and employee needs. In fact, we are already reaping the benefits of the AI-driven network refresh, where increased workloads are executed without disruption.”
   –  Teerawut Chanachote, System and Technology Manager, ThaiSri Insurance
“ThaiSri Insurance is a frontrunner in digitally transforming insurance services in one of Southeast Asia’s most dynamic economies. Similar to how ThaiSri is supporting the ambitions of millions of Thai businesses and consumers by underwriting their risks in the most efficient and intuitive manner, we are excited to be able to support their growth through our AI-driven solutions. I am confident that with Juniper, the customers they serve will be able to reap the benefits of a stable, reliable and efficient network infrastructure.”   –  Ang Thiam Guan, VP & GM, APAC, Juniper Networks
Additional Resources:Product & Solution Pages: Juniper Networks EX Series Ethernet SwitchesJuniper Mist Wired AssuranceJuniper Networks Virtual Chassis TechnologyFollow Juniper Networks online: Facebook | Twitter | LinkedInJuniper Blogs and Community: J-NetAbout Juniper Networks
Juniper Networks challenges the inherent complexity that comes with networking and security in the multicloud era. We do this with products, solutions and services that transform the way people connect, work and live. We simplify the process of transitioning to a secure and automated multicloud environment to enable secure, AI-driven networks that connect the world. Additional information can be found at Juniper Networks (www.juniper.net) or connect with Juniper on Twitter, LinkedIn and Facebook.
Juniper Networks, the Juniper Networks logo, Juniper, Junos, and other trademarks listed here are registered trademarks of Juniper Networks, Inc. and/or its affiliates in the United States and other countries. Other names may be trademarks of their respective owners.Media Relations:
Satheeson Paramason
Juniper Networks 
+65 6511 3595
satheeson@juniper.net 

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.