KUALA LUMPUR: OpenMove AI Bhd, formerly known as Rexit Bhd
, has made its foray into Thailand as it formalised a partnership with Thai Paiboon Insurance Public Company Limited (TPB) for the deployment of its proprietary Rexit Compensation Suite.
The group, via its wholly-owned subsidiary Rexit International Sdn Bhd, inked a subscription agreement with TPB, an established Thai insurer, underscoring the group's growing presence in Southeast Asia's digital insurance ecosystem.
According to OpenMove AI CEO Gallen Lee Choon Teng, the partnership will pave the way for its continued growth in Thailand and across Southeast Asia.
OpenMove AI’s proprietary Rexit Compensation Suite is a comprehensive digital platform designed to streamline and automate end-to-end compensation management across complex distribution networks.
The solution enables real-time compensation computation, multi-tier agent hierarchy management, and configurable compensation structures tailored to diverse product lines.
"The Rexit Compensation Suite provides the scalability and precision we require to manage our growing portfolio efficiently, while enhancing transparency across our distribution network,” said TPB managing director Eugen Foong Jun Seong in a statement.
Mewanwhile, OpenMove AI also announced its partnership with Dataone Asia (Thailand) Co Ltd as its local distribution and support partner in Thailand.
Dataone Asia is a leading end-to-end ICT solutions provider and a subsidiary of SVOA Public Company Limited, a publicly listed digital solutions conglomerate.
