ACE Life expands footprint in southern Vietnam

October 12, 2015 | 17:00

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ACE Life- the global life insurance division of ACE Group, one of the world’s largest multiline property and casualty insurers- yesterday opened its new office in Long Khanh town in the southern province of Dong Nai which can house more than 300 agency leaders, account representatives and staff.

The new office in Long Khanh is ACE Life’s second office in Dong Nai province in addition to the current office in Bien Hoa city, and the sixth to be opened in 2015.

With a relatively high annual gross domestic product (GDP) per capita compared with other provinces, Dong Nai possesses good prospects for economic development.

In addition, being the gateway to Ho Chi Minh City and a member of the southern key economic zone, Long Khanh town plays a critical role in the political, economic, social and national security within Dong Nai province and the surrounding areas.

These factors have resulted in ever-increasing demands for quality product and service provision in Long Khanh.

The opening of another office in this area will maximize ACE Life’s ability to meet the growing local needs of life insurance in Long Khanh in particular and Dong Nai province in general.

Lam Hai Tuan, chairman and country president of ACE Life in Vietnam, said, “This year, ACE Life continues to promote its strong distribution network in Vietnam. We believe that together with the other offices, this new Long Khanh office will meet the needs of customers requiring efficient and effective financial protection solutions.”

The new Long Khanh office is well fitted with high quality facilities to support the company’s sales force.

ACE Life currently has a network of 32 offices operating in 29 provinces and cities nationwide with an agency force of over 14,100 professional account representatives.

After ten-years of operation, ACE Life has developed a solid foundation for growth to sustain its ambitious plans for further expansion.

By By Mai Thuy

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