Dai-ichi Life Vietnam wins two regional awards at Asia Pacific Enterprise Awards 2021

March 03, 2022 | 11:22
Dai-ichi Life Insurance Company of Vietnam Ltd. (Dai-ichi Life Vietnam) was crowned in the categories of Corporate Excellence and Inspirational Brand. The awards ceremony was held at Gem Convention Centre in Ho Chi Minh City on February 25.

Hosted regionally since 2007 by Enterprise Asia, the Asia Pacific Enterprise Awards (APEA) honour excellence in innovation, products and services, sustainable growth, and social responsibility.

At the ceremony, Dai-ichi Life Vietnam was the only insurer in the industry receiving dual awards, demonstrating the company’s persistent efforts to maintain its sustainable growth in tandem with enhancing social responsibility.

Their work has helped to cement the Vietnamese people’s trust in the premier Japanese life insurance brand through various community support initiatives and other inspirational stories from the brand message Connecting Millions of Love.

Dai-ichi Life Vietnam wins two regional awards at Asia Pacific Enterprise Awards 2021
Tran Dinh Quan, chairman and general director of Dai-ichi Life Vietnam (left) received the Corporate Excellence Award

Tran Dinh Quan, chairman and general director of Dai-ichi Life Vietnam said, “We are very proud to have been granted two awards at APEA 2021. This is recognition for reaching the milestone of serving more than four million customers, and celebrates our 15 years of companionship with the country and the Vietnamese people."

Quan continued, "The two awards not only acknowledge our leading position, sustainable growth, business capabilities, and ongoing efforts to meet the highest levels of customer satisfaction but also create the opportunity to develop the brand throughout the Asian region. This provides encouragement for Dai-ichi Life Vietnam to continue to strive to become the best life insurance company in the nation.”

Dai-ichi Life Vietnam wins two regional awards at Asia Pacific Enterprise Awards 2021
Dang Hong Hai, deputy general director of Dai-ichi Life Vietnam (left) received the Inspirational Brand Award.

After 15 years of operation, Dai-ichi Life Vietnam stands out from the crowd with 30-fold growth in revenue. Customer numbers have increased 12-fold, investment capital 42-fold, and asset value 65-fold. At the end of the year, the total assets managed by the company reached $2 billion.

Last year, Dai-ichi Life Vietnam achieved revenue of more than $800 million, up almost 20 per cent from 2020, confirming its position in the top three foreign life insurance companies in the country in terms of total market share. This growth was achieved while contributing almost $510,000 to the community.

Dai-ichi Life Vietnam wins two regional awards at Asia Pacific Enterprise Awards 2021
Senior management members of Dai-ichi Life Vietnam at the ceremony

The organisation has started the year full of energy. Along with debuting new products and services aimed at providing financial protection solutions for customers and their families, Dai-ichi Life Vietnam has been spreading the Connecting Millions of Love campaign to all employees, partners, and customers.

More programmes are to come, including the second edition of the virtual run Dai-ichi – Road of Love 2022, Clean Water for Schools, and Love for Children.

Inspired by Dai-ichi Life Group’s environmental protection campaign, Dai-ichi Life Vietnam is launching Plastic-less for More in March. This is an appeal to promote the use of environmentally-friendly products in order to raise funds for the planting of 1,500 trees and to provide nutritious meals for children.

With its different philosophy, Dai-ichi Life Vietnam will continue its sustainable development strategy, ensuring the harmony of business growth and corporate social responsibility (CSR). The company focuses on a customer-first approach in all aspects of the business and considers customer satisfaction as a measure of success.

“We commit to continuous product innovation, service quality improvements, and digital technology investment to enhance the customer experience,” Quan added.

In 2017, Dai-ichi Life Vietnam was the only life insurer in the country winning the Asia Responsible Entrepreneurship Awards 2017 from Enterprise Asia, highlighting its focus on social responsibility through various ongoing community support programmes, together with the launch of its CSR fund.

By Mai Dang

What the stars mean:

★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional