Chubb Life Vietnam and Hong Leong Bank bring more choice to customers

June 12, 2023 | 18:07
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Chubb Life Vietnam, a subsidiary of Chubb Life Insurance Co., Ltd., and Hong Leong Bank formalised a strategic partnership agreement on June 12 aimed at delivering Chubb Life's Life Insurance solutions to more customers through an innovative distribution channel.
Chubb Life Vietnam and Hong Leong Bank bring more choice to customers

Chubb Life and Hong Leong Bank are united in their pursuit of a robust and enduring partnership, sharing a unified vision and common values in their efforts to improve the living standards of their customers.

Under this collaborative venture, Hong Leong Bank will act as the distribution channel for Chubb Life's two flagship products, the Joint Life Insurance Product - Flexible Financial Plan and the Future Financial Plan.

Consequently, Hong Leong Bank's clientele will not only enjoy comprehensive financial products and services, but will also benefit from access to Chubb Life's superlative Life Insurance solutions at the bank's branches situated in Ho Chi Minh City and Hanoi.

Nguyen Hong Son, CEO of Chubb Life Vietnam, said, “We place paramount importance on professional standards, so the highly experienced financial advisors of Hong Leong Bank will undergo rigorous training and mentoring by Chubb Life Vietnam. This will ensure that financial solutions, including Life Insurance, are meticulously tailored to the precise target customer segments, perfectly aligning with their unique requirements, and are offered with unparalleled customer service. This collaboration serves as a catalyst for fostering a comprehensive understanding of the pivotal role of financial and insurance products in one's life journey."

Echoing these sentiments, Duong Duc Hung, CEO of Hong Leong Bank Vietnam, said, "Hong Leong Bank Vietnam is unswervingly committed to delivering holistic financial solutions that cater to the diverse needs of each individual customer."

Hong Leong Vietnam Joint Stock Commercial Bank, established in 2009, stands as a wholly owned subsidiary of Hong Leong Bank Berhad, a member of Hong Leong Group, headquartered in Malaysia.

With an illustrious history spanning over 120 years, the Hong Leong Group has established a strong commercial presence across several markets, including Singapore, Hong Kong, Vietnam, Cambodia, and China.

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By Tri Lam

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