PVcomBank and Generali Vietnam sign exclusive life insurance distribution agreement

Vietnam Public Commercial Joint Stock Bank (PVcomBank) and Generali Vietnam Life Insurance LLC (Generali Vietnam) have officially signed a strategic partnership agreement for the exclusive distribution of life insurance products.

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PVcomBank and Generali Vietnam signed a strategic partnership agreement for the exclusive distribution of life insurance products

Under this agreement, Generali Vietnam will offer a comprehensive portfolio of life insurance products and services through PVcomBank’s extensive nationwide branch network. This collaboration is founded on a shared commitment to provide transparent life insurance solutions that ensure long-term financial security for Vietnamese families.

The strategic partnership between PVcomBank and Generali Vietnam is expected to deliver sustainable value and long-term financial protection for customers.

Mr. Nguyen Viet Ha, Deputy CEO of PVcombank, shared: “This marks the beginning of a comprehensive collaboration, reflecting PVcomBank and Generali Vietnam’s strong commitment to building financial security and peace of mind for our customers. We firmly believe that with a focus on transparency, accountability, regulatory compliance and sustainable values, both organizations will succeed in developing a best-in-class bancassurance model in Vietnam, offering financial security and future protection to Vietnamese families”.

Ms. Nguyen Phuong Anh, CEO of Generali Vietnam, stated: “We are delighted to become a strategic partner of PVcomBank. Generali’s extensive expertise in insurance and asset management, combined with PVcomBank’s nationwide distribution network, will create strong synergies between two organizations. Sharing a common vision for value and business excellence, we anticipate that this partnership will provide customers with tailored life insurance solutions and superior service experiences. Generali’s life insurance products will be distributed by a team of highly trained advisors, supported by PVcomBank’s advanced technology”.

To ensure the success of this collaboration, PVcomBank and Generali Vietnam have conducted in-depth training programs covering products, industry knowledge and advisory skills for financial consultants. This initiative aims to enhance the quality of consultation and ensure that solutions are tailored to customers’ financial needs.

Leveraging their respective strengths and expertise in the financial sector, PVcomBank and Generali Vietnam will work together to provide comprehensive financial solutions, enabling customers to “unleash potential and live the life as desired” through structured, customer-centric insurance distribution. This partnership will serve as a solid foundation for building a sustainable financial and insurance ecosystem, paving the way for diversified growth strategies in the future.

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