Life insurer Prudential Singapore introduced the official launch of its new new monetary advisory agency which is able to allow it to supply a wider vary of insurance coverage merchandise together with common insurance coverage and wealth options.
By means of the brand new Prudential Monetary Advisers (PFA), clients will now even have entry to journey insurance coverage and motor insurance coverage and wealth options similar to unit trusts.
That is along with Prudential’s core options in entire and time period life, well being, financial savings, retirement and group insurance coverage.
On high of that, clients may entry complementary options and auxiliary providers supplied by PFA’s companions together with property planning, household workplace and tax advisory.
With the addition of PFA, Prudential’s distribution ecosystem has expanded to incorporate its tied company which has greater than 5,000 monetary consultants who distribute its safety, financial savings and funding merchandise.
Moreover, Prudential’s works carefully with its unique bancassurance companions UOB and Commonplace Chartered to develop and ship modern insurance coverage options to clients.
The insurer additionally affords PRUShield and microinsurance plans on its digital well being and wellness app ‘Pulse by Prudential’.
The brand new monetary advisory agency shall be led by Bernard Chai, an business veteran of greater than 40 years and virtually 20 years of it was with Prudential.
Bernard Chai
Bernard Chai, CEO of Prudential Monetary Advisers stated,
“We deliver the very best of each worlds to our clients – Prudential’s life insurance coverage choices in addition to common insurance coverage and wealth administration options from our companions.
On this means, we assist them to deal with their healthcare wants, in addition to to guard and develop their wealth, in order that they’ll higher plan for his or her retirement.”
Dennis Tan
Dennis Tan, CEO of Prudential Singapore stated,
“We’re excited to launch Prudential Monetary Advisers because it provides to the breadth and depth of our choices to deal with individuals’s enhanced wants for monetary safety and healthcare at each stage of their life.
The brand new entity can even strengthen our distribution community as we proceed to develop our company of greater than 5,000 monetary consultants, to serve the wants of all people.”
