CATHAY LIFE INSURANCE VIETNAM AND INDOVINA BANK SIGN PARTNERSHIP AGREEMENT TO DISTRIBUTE LIFE INSURANCE PRODUCTS

 

 

HCMC, July 03rd 2017

Cathay Life Insurance Vietnam (Cathay) and Indovina Bank (IVB) signed a strategic cooperation agreement to distribute life insurance products through the banking channels.

The partnership agreement customers of Indovina and Cathay can access banking products and insurance products at all bank transaction locations through Cathay staffs and IVB staffs as well as using bank accounts or credit cards opened at IVB to pay premium conveniently.

Speaking at the signing ceremony, Cathay's General Director, Mr. Stanlee Lee said, « The successful cooperation between Cathay and IVB helps maximize benefits for our clients as well as increase revenue for banks and insurers. Now, customers have more channels to buy insurance, simplify the payments, get more information and services, save time when accessing both banking and insurance services at one point. Cathay is able to reach greater numbers of customers through Indovina, reduce the costs and diversify distribution channels, minimize risks and strengthen brand awareness when co-operating with Indovina ».

Mr. Jan Yei Fong, IVB’s CEO also said « IVB is one of sustainable development banks with 27 years operating in Vietnam. Cathay is currently the largest charter capital in Vietnam. The cooperation between two similar potential companies will enhance the benefits for both parties and customers by offering fully-serviced banking and insurance products ».

The information on signing ceremony is uploaded on the following links:

http://cafef.vn/bao-hiem-nhan-tho-cathay-viet-nam-ky-ket-hop-tac-phan-phoi-bao-hiem-voi-ngan-hang-indovina-20170704153518799.chn

http://kinhdoanh.vnexpress.net/tin-tuc/doanh-nghiep/doanh-nghiep-viet/bao-hiem-nhan-tho-cathay-ky-ket-hop-tac-voi-ngan-hang-indovina-3608501.html