Agribank and FWD Vietnam entered into a cooperation agreement
In order to better meet the financial and insurance needs of the people, on January 12, 2022 in Hanoi, Vietnam Bank for Agriculture and Rural Development (Agribank) and FWD Vietnam Life Insurance Company Limited (FWD Vietnam) officially entered into a cooperation agreement on insurance distribution through banks.
Accordingly, in the first phase of implementation, Agribank will cooperate to distribute FWD Vietnam's insurance products through its network of nearly 2,300 branches and transaction offices nationwide.
The cooperation between Agribank and FWD Vietnam is a combination of the strength of Agribank's nationwide and largest distribution network with strengths in developing insurance products suitable for a wide range of customers and digital platforms, creating different customer experiences of FWD Vietnam.
Mr. Nguyen Hai Long - Deputy General Director of Agribank said: “Today's event is a testament to the process of realizing the goals of diversifying products and services, developing the ecosystem of banking - insurance - securities products of Agribank. Agribank leaders believe that the cooperation between FWD and Agribank will open new opportunities, improve efficiency and competitiveness of both sides”.
Agribank's deployment of life insurance distribution by a leading and digitally-driven life insurance company FWD Vietnam across the entire system is to diversify products, increase service revenue, and help millions of Agribank customers easily access and participate in insurance to protect themselves and their families.
With the strategy of prioritizing digital technology development, FWD Vietnam is a differentiated insurance company with a solid foundation based on its strengths: breakthrough products, quality-focused distribution system, and digitalization in all distinct brand processes and strategies. FWD Vietnam is continuously one of the fastest growing life insurance companies in the market.
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