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Banking & Finance

Chubb Life Vietnam picks up two Asia awards

Released at: 12:16, 23/07/2018

Chubb Life Vietnam picks up two Asia awards

Photo: Chubb Life Vietnam

Insurer wins "International Life Insurer of the Year" and "New Insurance Product of the Year" in Vietnam at Insurance Asia Awards.

by Doanh Doanh

Chubb Life Insurance Vietnam has won two prestigious awards - “International Life Insurer of the Year” and “New Insurance Product of the Year” - for the Vietnam market from Insurance Asia, a Singapore-based finance and insurance publication.

This is the first year the awards have been presented to insurers in Vietnam.

The “International Life Insurer of the Year” award is for Chubb Life Vietnam’s outstanding business results and continual efforts to meet the highest standards in work ethics, professionalism and customer services. It has 83 offices nationwide and employs more than 30,000 agents to serve nearly 400,000 customers.

In the “New Insurance Product of the Year” category, Chubb Life in Vietnam impressed the Awards Panel with its “C Care Health Insurance Product”, thanks to the comprehensive and superior benefits it offers customers. Launched in February, the C-Care product has received good feedback in Vietnam from many customers, making it one of the top-selling products of Chubb Life Vietnam in the first half of 2018.

“These prestigious awards recognize the ceaseless efforts of all Chubb Life Vietnam’s team members,” said Mr. Lam Hai Tuan, Chairman and Country President of Chubb Life Vietnam. “All of us have been doing our best, setting new challenges and breaking old records, to further improve the organization. Such great accomplishments also realize our commitment to always delivering the best and most sustainable values to customers and business partners.”

The Insurance Asia Awards honor insurance companies in Asia who have the most innovative products, services, projects and strategies in the market. The judges on the Awards Panel came from prestigious organizations and corporations such as KPMG, Deloitte, Ernst & Young, and Milliman.

On June 28, Chubb Life was also honored with a “Vietnam Top 10 Insurance Reputation Award 2018” from Vietnam Report, an independent research organization, and VietnamNet, one of the major online publications in Vietnam. This is the third consecutive year Chubb Life in Vietnam has been listed in the Top 10 and honored as a reputable life insurance company with stable financial capacity and outstanding growth potential.

Chubb Life is the international life insurance division of Chubb. In Asia, it operates in Hong Kong, Indonesia, South Korea, Taiwan, Thailand and Vietnam, and participates in a joint venture in China.

Chubb Life has been in Vietnam since 2005 and launched its fund management company, the Chubb Life Fund Management Company Limited, in 2014. To meet the financial protection and security needs of its broad range of customers, Chubb Life Vietnam offers a range of life protection, savings, investment-linked. and health insurance solutions through its agents, banks and network of 83 offices.

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