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.