Logo of Phnom Penh Post newspaper Phnom Penh Post - Prudential Cambodia achieves major milestone with 100,000 policies issued

Prudential Cambodia achieves major milestone with 100,000 policies issued

Content image - Phnom Penh Post

Prudential Cambodia achieves major milestone with 100,000 policies issued

Company has been a key driver of insurance industry growth since its launch in 2013

Phnom Penh (24 July, 2017) - Prudential Cambodia, a leading life insurance company in Cambodia, announced in June 2017 that it has reached a major milestone having issued 100,000 life insurance policies in the Kingdom since it began operations in 2013.

The company’s range of life insurance products has been very well-received by Cambodians from all walks of life, from those beginning their financial journeys and planning for their children’s further education, to those looking to enjoy a comfortable and financially-secure retirement.

“Prudential’s achievement of this important milestone is the result of the hard work from all of our people, particularly our staff and financial consultants. We also enjoy a strong and successful partnership with ACLEDA Bank, whose nationwide network and high-quality customer service have been instrumental in the growth of our bancassurance business. But, of course, we reserve our biggest thanks to our customers, who have placed their trust in us to support their financial goals,” said Mr. David Nutman, CEO of Prudential Cambodia.

By offering tailored life insurance products to meet the savings and protection needs of Cambodians, as well as engaging in a country-wide education campaign to build awareness and understanding of life insurance in a nascent market, Prudential Cambodia has also played a key role in driving the growth of the insurance sector in the Kingdom.

“Apart from helping Cambodians protect their families and their financial futures, Prudential is also privileged to be able to play an important role in the development of the Cambodian financial and life insurance sectors, as well as enhance overall public awareness of the need for long-term financial planning,”continued Mr. Nutman.

Beyond its business success, Prudential has also been actively involved in sustainable initiatives in Cambodia, namely through the involvement of the Prudence Foundation, the community investment arm of Prudential in Asia.

Education, especially financial education, is a core value of Prudential and its successful Cha-Ching financial literacy program for children, First Read early years development program, and Safe Schools initiatives have touched thousands of young lives across the country.

In addition, Prudential’s SAFE STEPS Road Safety program, fronted by acclaimed actress Michelle Yeoh, has reached tens of thousands of Cambodians with important messages on safe road usage.

MOST VIEWED

  • Research key to Kanitha’s rep for expertise

    Sok Kanitha is used to weighing in on controversial issues using a confident approach that signals expertise and authority, and a recent video she made was no exception. Her “Episode 342: The History of NATO” video went live on January 16, 2023 and immediately shot to 30,000 likes and 3,500

  • Cambodia maintains 'Kun Khmer' stance despite Thailand’s boycott threat

    Cambodia has taken the position that it will use the term "Kun Khmer" to refer to the sport of kickboxing at the upcoming Southeast Asian (SEA) Games, and has removed the term Muay from all references to the sport. Despite strong reactions from the Thai

  • Knockout! Kun Khmer replaces ‘Muay’ for Phnom Penh Games

    Cambodia has decided to officially remove the word Muay from the programme of the 32nd Southeast Asian (SEA) Games 2023 in May. “Kun Khmer” will instead be used to represent the Southeast Asian sport of kickboxing, in accordance with the wishes of the Cambodian people. Vath

  • Artificial insemination takes herd from 7 to 700

    Some farms breed local cows or even import bulls from a broad for the purpose of breeding heavier livestock for meat production. One Tbong Khnum farmer has found a more efficient way. Hout Leang employs artificial insemination to fertilise local cows. Thanks to imported “straws”

  • New int’l airport nearly half complete as travel industry returns to life

    Construction of a new airport that is slated to serve the capital has passed the 43 per cent completion mark, raising prospects for a proper recovery in the civil aviation and tourism sectors as international travellers return to the Kingdom in increasingly large numbers. The figure

  • Chinese group tours return to Cambodia starting Feb 6

    Cambodia is among 20 countries selected by Beijing for a pilot programme allowing travel agencies to provide international group tours as well as flight and hotel packages to Chinese citizens, following a three-year ban. As the days tick down until the programme kicks off on February 6,