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

  • PM imposes nationwide Covid restrictions, curfew over Delta scare

    Prime Minister Hun Sen late on July 28 instructed the municipal and provincial authorities nationwide to strictly enforce Covid-19 measures including curfew for two weeks from July 29 midnight through August 12 to stem the new coronavirus Delta variant. The instruction came shortly after he issued a directive

  • Two luxury hotels latest quarantine options for inbound travellers

    The Inter-Ministerial Committee to Combat Covid-19 has designated two luxury hotels as alternative quarantine options for travellers who wish to enter Cambodia through Phnom Penh International Airport – Sokha Phnom Penh Hotel & Residence and the Courtyard by Marriott Phnom Penh. In a notice detailing guidelines issued

  • Provinces on Thai borders put in lockdown amid Delta fears

    The government has decided to place several border provinces in lockdown for two weeks in a bid to prevent the new coronavirus Delta variant spreading further into community. According a directive signed by Prime Minister Hun Sen late on July 28, the provinces include Koh Kong,

  • China denies Mekong hacking

    As the US and its allies joined hands last week to expose what they allege to be China’s Ministry of State Security’s malicious cyber activities around the world, the attention also turned to Cambodia with the US Department of Justice claiming that four

  • US' Johnson & Johnson Covid-19 vaccines arrive

    The first batch of 455,000 doses of the Johnson & Johnson Covid-19 vaccine donated by the US touched down in Phnom Penh on the morning of July 30. They are part of the total 1,060,100 doses the US has pledged to provide to Cambodia through the World Health Organisation-led (

  • Governor: Covid subsides in capital

    Phnom Penh municipal governor Khuong Sreng said the Covid-19 situation in the capital’s 14 districts has eased, with only two districts still recording a high number of infections. “Transmission cases in all districts are dropping, though they are relatively higher Meanchey and Por Sen Chey.