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

  • All inbound flights set to face added scrutiny

    Ministry of Health spokesperson Or Vandine said on Monday that the ministry is monitoring all inbound flights, after it was announced that only those from Malaysia and Indonesia will be temporarily cancelled from August 1. Vandine said on Monday that the two countries were identified as

  • Flights from Indonesia, Malaysia cancelled

    A Ministry of Health official has warned of the possibility of Covid-19 spreading through community transmission after the total infected cases in the Kingdom rose to 225. Ministry spokeswoman Or Vandine told reporters on Saturday that the possibility of community transmission cannot be overlooked and that

  • Man in quarantine dies of ‘overdose’

    The Ministry of Health on Thursday said a Cambodian migrant worker who died while being isolated at a quarantine centre in Tbong Khmum province’s Kroch Chhmar district may have died from syncope or overdose of tablets. In a statement, the ministry said the 21-year-old

  • Ministry set to reopen 20 schools in August

    The Ministry of Education, Youth and Sport will allow 20 high-safety-standards schools to reopen next month despite new cases of Covid-19 in the country. Ministry spokesperson Ros Soveacha wrote in a Telegram message on Wednesday that the schools are in Phnom Penh, Siem Reap and Battambang.