Ms Kua of Sunday Ins wants to eventually move her company into new verticals, similar to Amazon.com. "I think we can be the first one in Thailand," said Cindy Kua, 31, founder of Sunday Ins Co, a Bangkok-based insurance tech company, speaking with the Bangkok Post in Singapore. It exhibited over 100 startups, and Ms Kua touted insurtech as the next breakthrough "digital wave" in the tech industry. "Amazon is known as an e-commerce company, but makes most of its profits from its web and cloud services," Ms Kua said. While Ms Kua does not expect to reach profitability for 7-8 years, she said Sunday Ins could be valued at $1 billion in as early as six.

Source: Bangkok Post May 28, 2019 00:22 UTC