FPT and Atomi Digital Sign MOU to Develop Comprehensive Insurance Technology Solutions
On the afternoon of August 25, 2026, FPT and Atomi Digital Joint Stock Company signed a Memorandum of Understanding (MOU) to jointly develop comprehensive insurance technology solutions. The agreement marks a new step in the two companies’ expansion into the insurtech sector, a market considered to hold significant growth potential in Vietnam.
MOU signing ceremony between FPT and Atomi Digital
The MOU establishes a framework for the two parties to research, consult on, and deploy solutions for the insurance industry, spanning core insurance systems, digitalization solutions, as well as artificial intelligence and data applications. The two parties will also collaborate on system integration and knowledge transfer, while leaving open the possibility of expanding into other areas subject to future written agreements. The partnership is built on the principle of leveraging each party’s respective strengths.
FPT will contribute its foundational technology capabilities, along with insurance expertise from FPT’s Insurance Services & Technologies Center (ISTC), as well as consulting and new product R&D capabilities. Atomi Digital brings strengths in technology consulting, project delivery management, and system integration. The complementary capabilities are expected to enable more comprehensive solutions for customers, rather than having each party operate independently.
Representatives of FPT and Atomi Digital at the MOU signing ceremony
Under the MOU, the two parties will discuss and agree on a collaboration approach for each specific opportunity based on the actual requirements of each project. Support provided by either party at an initial stage, such as business consulting or solution demonstrations, does not constitute a commitment to participate in the entire project. Specific commercial obligations will only arise when the two parties sign a separate contract or agreement for each project.
The insurance industry is highly competitive, and today, this competition is increasingly shaped by digital transformation and AI. Many markets around the world have demonstrated the practical value of this trend. In South Korea, AI has surpassed Blockchain, Cloud, and IoT to lead in terms of adoption, accounting for as much as 30% of the total technology solutions deployed in the industry. Japan has achieved a 77% digital transformation rate among insurance companies, ranking third globally, driven by the pressure to address labor shortages amid an aging population.
In Vietnam, the Government aims to increase the size of the insurance market to 3.3–3.5% of GDP by 2030, compared with the current 1.8%. This represents significant growth potential, with technology serving as a key enabler for achieving this goal as customers increasingly demand faster, more transparent, and more personalized experiences. To respond to this trend, insurers need stable core systems that can be flexibly integrated with banking and financial ecosystems. The combination of foundational technology capabilities and practical experience in the financial and banking sectors is essential to developing digital insurance solutions that truly meet market needs.
Speaking at the event, Mr. Tran Dang Hoa, Chairman of FPT IS, FPT Corporation, highly valued Atomi Digital’s position and achievements. The company has established its role within the ecosystems of LPBank and Sacombank through years of collaboration in developing digital banking and cashless payment systems. He said that Atomi’s capabilities in core systems, fintech integration, and banking domain expertise are among the strengths that FPT particularly values.
Mr. Tran Dang Hoa, FPT Corporation speaks at the event
“FPT has been present in the market for nearly 35 years and is a leading partner to the backbone industries and sectors of the economy, with experience deploying large-scale technology solutions across various fields, including finance, banking, and insurance. We believe that the combination of FPT’s foundational technology capabilities and Atomi’s practical experience will create tangible value for Vietnam’s digital insurance market,” Mr. Hoa affirmed.
Mr. Nguyen Duc Hoan, General Director of Atomi Digital Joint Stock Company, said the company achieved more than threefold growth last year through the deployment of systems for small and medium-sized enterprises, and this year has identified expansion into insurance as a new pillar of development.
Mr. Nguyen Duc Hoan, General Director of Atomi Digital Joint Stock Company speaks at the event
“With my experience overseeing insurance and securities operations, I believe Vietnam’s insurance market has significant room for growth as the regulatory framework continues to improve. We look forward to working with FPT to build a comprehensive insurance ecosystem, from core systems to surrounding systems, contributing to bringing Vietnamese technology products to market alongside international solutions,” Mr. Hoan shared.
FPT expects the partnership to deliver practical insurance technology products and solutions, contributing to the digital transformation of Vietnam’s insurance industry. With strategic technology capabilities and combined insurance expertise, FPT and Atomi Digital can jointly develop solutions that not only address current needs but also anticipate technology trends in digital insurance in the years ahead.
This marks the beginning of a long-term partnership built on trust between the two companies. FPT and Atomi will share responsibility for serving customers and the insurance market, contributing to Vietnam’s broader economic growth.
