MANILA, Philippines–Pru Life UK and Robinsons Bank have renewed their venture, called bancassurance, by another three years or until 2024 as insurance sales targeted at “rich clientele” which had been benefiting from the partnership.
In a signing ceremony on Thursday (Feb. 11) Pru Life UK extended its distribution partnership agreement with Robinsons Bank which started in 2018, under which the life insurer sold its products in 155 branches of the Gokongwei-led lender.
“Through its bancassurance venture IPONsurance, Robinsons Bank is able to leverage its extensive network to offer its customers Pru Life UK’s life insurance products that will provide Filipinos wi…
Keep on reading: Pru Life UK, Robinsons Bank renew bancassurance partnership targeting “rich” clients