Shinhan Life, FIMI partner in life insurance product distribution

Friday, Aug 11, 2023 17:45

Shinhan Life and FIMI signed an insurance business partnership. Shinhan Life Vietnam's life insurance products will be officially distributed through FIMI's distribution channels. — Photo courtesy of the company

Shinhan Life Insurance Vietnam Limited Liability Company (Shinhan Life) and FIMI Company Limited (FIMI) have signed a cooperation agreement on the distribution of life insurance products.

Under the framework of the agreement, FIMI will become a strategic partner of Shinhan Life Vietnam and officially distribute Shinhan Life Vietnam's life insurance products through FIMI's distribution channels.

Starting from August 8, 2023, FIMI will consult and introduce Shinhan Life Vietnam's life insurance products to FIMI's customers nationwide, offering a diverse range of products from term life to health insurance and endowment products for children.

"In addition to diversifying our insurance product portfolio, Shinhan Life is committed to expanding our distribution channels and reaching niche markets, with the aim of bringing life insurance closer to every Vietnamese family,” said Bae Seung Jun, General Director of Shinhan Life Vietnam, at the signing ceremony.

"We are thrilled to become a development partner of Shinhan Life Vietnam. We believe that applying technology to business will enable FIMI to quickly, conveniently, and transparently provide life insurance products. This will enhance customer trust and satisfaction with the products and services, while also elevating the reputation of our businesses and the insurance sector as a whole. FIMI aims to be a reliable, long-term partner with Shinhan Life Vietnam, providing outstanding value to our customers," said Nguyễn Minh Quang, director of FIMI.

With the shared goal of offering customers a wider range of financial and insurance solutions for themselves and their families, Shinhan Life Vietnam and FIMI are committed to improving service quality, diversifying product portfolios, and integrating technology into their operations to deliver comprehensive insurance solutions that meet customer needs. — VNS

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