Dai-ichi Life Vietnam posts solid growth in 2015 first half

Dai-ichi Life Insurance Company Vietnam Ltd. (Dai-ichi Life Vietnam)

Similarly, its total premium came to about VND1.39 trillion ($64.6 million), an increase of 35 per cent on-year and total paid-out benefits to customers exceeded VND231 billion ($10.7 million).

“I am happy with Dai-ichi Life Vietnam’s achievements in the first half this year, which once again affirms our position as one of the top five life insurers in Vietnam,” said Tran Dinh Quan, Dai-ichi Life Vietnam general director.

“This is a testimony of our success in sustainable growth strategy, as well as our competence and commitment in providing advanced products and services to meet customers’ diversified financial needs. We will strive more for a new breakthrough in the last six months of the year,” Quan added.

During the first months this year, Dai-ichi Life Vietnam continued the expansion of its office network to better serve the customers with its impressive opening of 14 new general agencies across the country, increasing the total offices and general agencies to 142 in the whole country.

This showcases its third position in business network scope in the industry.

Besides the traditional agency channel, with the aim to expanding the distribution channel and diversifying the product portfolio, this May Dai-ichi Life Vietnam entered into an exclusive 10-year bancassurance partnership with Ho Chi Minh City-based HDBank.

Apart from that, in early June the company launched a premier unit-link product, An Thinh Dau Tu, a harmonious combination between life insurance protection benefit and wealth growth opportunities through the flexible choice of different portfolio investment.

Dai-ichi Life Vietnam also invested significantly in its IT system, including the launch of DL DreamPad application software, highly interactive on tablets for both IOS and Android systems, to help the customers set their financial plans suitable with their needs at different life stages quickly, simply and conveniently.

During the first six months this year, Dai-ichi Life Vietnam continued its charitable and social programmes with the aim of improving the quality of life for the local community, such as blood donation, bridge building in the rural areas, funding charitable eyes operations for needy patients in different provinces, just to name a few.

Dai-ichi Life Vietnam is in the process of establishing the “For A Better Life” Foundation, to expedite long-term and focused social and community projects, striving for a better life of the Vietnamese people.