Life insurer Prudential Singapore introduced the official launch of its new new monetary advisory agency which can 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 complete and time period life, well being, financial savings, retirement and group insurance coverage.

On high of that, clients can even entry complementary options and auxiliary providers offered 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 Normal Chartered to develop and ship progressive 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 can be led by Bernard Chai, an business veteran of greater than 40 years and nearly twenty years of it was with Prudential.

Bernard Chai

Bernard Chai, CEO of Prudential Monetary Advisers stated,

“We carry 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 method, 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 will 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.”