As a reputable non-life insurance company with over 18 years of operation, GIC has demonstrated its initiative and responsibility towards customers and the community in responding to Storm No. 3 - Yagi.

Grasping the severity of the storm, GIC quickly conveyed information, recommendations and instructions on asset protection via Fanpage and Website, to help customers minimize potential damage.

With the desire to support customers to quickly overcome the consequences of the storm, GIC promptly sent appraisers to the scene, coordinated the appraisal work and guided customers to complete the documents and compensation procedures as soon as they received the notice of loss.

In particular, a case was recorded where a storm caused a tree to be uprooted, falling on a male reporter who was on the way to work, leading to severe multiple injuries to the spine and skull. Realizing that the customer had personal insurance at GIC and was the economic pillar of the family, and urgently needed support to pay for hospital fees, GIC quickly investigated the situation and paid the insurance amount of 51 million VND, helping to share the financial burden for his wife and children.

Regarding assets, GIC also quickly paid more than 20 million VND to a Packaging Company whose factory roof was blown off during the storm, helping to overcome the damage and stabilize production and business activities. Although assessing the damage from Typhoon Yagi with its devastating power is very complicated, GIC still shows a high sense of responsibility, deploying a series of solutions to speed up compensation settlement and promptly support corporate customers.

Witnessing the losses of the highland people due to storms and storm circulation, Quy Trai Tim GIC has launched a fundraising program to support Khua Vai village, Ngoc Chien commune, Son La province to rebuild a new solid bridge to help people stabilize their lives.


Representative of GIC Son La directly handed over the donation from GIC employees to the People's Committee of Ngoc Chien commune (Source: GIC)

After 1 week of launching with enthusiastic response from staff across the GIC system, the program has raised a total of 75 million VND and donated directly to the People's Committee of Ngoc Chien commune. The new bridge for Khua Vai village was started on October 22 and is expected to be officially inaugurated on December 22.


Khua Vai villagers excited at the groundbreaking ceremony for the construction of a new suspension bridge (Source: Ngoc Chien commune)

Secretary of the Party Committee of Ngoc Chien Commune, Mr. Bui Tien Sy shared: “Due to the impact of Storm No. 3, flash floods occurred in the commune, causing severe damage to buildings and houses. The Dinh Lanh suspension bridge in Khua Vai village was completely destroyed by the flood and now only a small shape remains. The bridge has a special meaning for 133 households, 595 people; serving the daily travel of the people and the economic zone of over 400 hectares. Receiving timely support from Quy Trai Tim GIC, the commune now has enough funds to start the construction of a new bridge for the people to confidently work and go to school, which is an extremely great source of encouragement for the people to stabilize their lives.”


Secretary of Ngoc Chien Commune Party Committee speaks at the ceremony, officially building a new suspension bridge after the storm (Source: Ngoc Chien Commune)

The damage caused by super typhoon Yagi is many times greater than that of other storms. In the context of many challenges and difficulties, GIC continues to closely coordinate with related units to receive and support customers to complete procedures in accordance with regulations, prevent and limit losses after storms.

Accompanying customers and ensuring insurance benefits not only helps customers overcome difficult times, but is also a way for GIC to demonstrate its commitment to "Moving forward together" and its responsibility to the community and society.