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Phnom Penh, April 06,
2022: Cambodia Life Micro
Insurance “Camlife” Plc., the Kingdom of Cambodia’s first life insurance
company awarded Best Micro Insurance Company Cambodia 2021 by UK-Based CFI.co and Hattha Bank, one of the leading
banks in Cambodia have officially signed a Bancassurance agreement to enhance
financial inclusion by increasing accessibility of insurance services to Hattha
Bank’s customers and strengthening Cambodian families’ protection in the
Kingdom.
The collaboration builds
on Camlife and Hattha Bank’s bancassurance strategies to raise precise
awareness to Cambodians about abundant benefit of accessing insurance services
to financial security, health and wellness. The partnership enables
Camlife’s professional Insurance Advisors to deliver qualifified and effective
consultation, solutions and financial protection to customers.
“We are very delighted
and thrilled to be Hattha Bank’s new
insurance strategic partner. Part of our commitment is that we will
continue to develop more micro insurance products to serve the needs of the
lower middle-income bank customers so that the customers will have a peace of
mind knowing Camlife is always there for them. In keeping our pledge to
accelerate growth in the insurance industry, Camlife and Hattha Bank will leverage on each
other to precisely understand customers’ demand so that we can service the right target effectively and enhance diversification of our distribution
channel as well as expansion of our customers portfolio”, said Johnson Chai,
CEO of Camlife.
“After we have served
financial services in Cambodia for 3 decades, Hattha Bank has been achieving
significantly including accessibility of digital service and brick-and-mortar
service from our employees of 177 branches nationwide. We have served very
competitive interest rate and very confident financial service in the
market. We today bring another new partner for better choice and peace of
mind to our customers to access financial service through Hattha Bank and
Camlife. He added that accessing insurance service is broadly inspired by
specialists to acquire protection and to secure brilliant success with
stability in all circumstances either in the business and households’ daily
livelihood.”, said Oknha Hout Ieng Tong, President and CEO of Hattha Bank.
To celebrate this partnership, all
Hattha Bank’s customers accessing Camlife’s insurance services will
receive a special discount of up to 12% until May, 31, 2022
About Cambodia Life Micro Insurance “Camlife” Plc.
Camlife is the first life insurance company
to open its doors in the Kingdom of Cambodia. In 2015, Royal Group Companies
owned by Neak Oknha Kith Meng bought 100 percent of the shares from Ministry of
Economy and Finance (MEF), now Camlife is not only the first life insurance
company to begin its operations in the Kingdom, but also 100 percent owned and
operated by local Cambodians. The company believes this is something all
Cambodians can be proud of.
Tel: 061 43 1111 or Facebook page: CamlifeClub.
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About Hattha Bank Plc.
Hattha Bank Plc. is one of the leading banks in Cambodia, which received
license from the National Bank of Cambodia and the Ministry of Commerce to
conduct its commercial banking operations officially from 26th August
2020. With nearly 30 years of experience in providing financial services
to Cambodian people, after its transformation, Hattha Bank has improved and
introduced many financial services, including: Cross Border Money Transfer to
Thailand via Hattha Mobile and branches, Hattha Mobile App’s QR Payment Service
in Thailand, soft launched Hattha Smart Banking and closely work with the
National Bank of Cambodia to enable cross bank money transfer (Bakong System)
to allows customers do the self-banking anywhere, anytime (24/7), more
convenient and faster, without visiting bank branches, in addition to its existing
services such as: loans, deposits, local money transfer, ATM, payroll and
insurance referral service.
Toll free: 1800 212 222 (free)/023 999 266
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