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Phnom
Penh, Thursday, 23 January 2025: Phillip General Insurance, a member of Phillip
Capital Group, and Hattha Bank Plc., a member of the MUFG international
financial alliance, proudly announced the official launch of their
Bancassurance partnership, held at Shangri-La Phnom Penh Hotel.
The
collaboration aims to enhance and provide financial protection to Hattha Bank
customers and the general public by offering general insurance products such as
motor insurance, fire insurance, and health insurance, while also strengthening
financial protection for customers across the Kingdom of Cambodia. Both
institutions are proud of this strategic partnership and firmly believe that it
will increase awareness of insurance benefits and deliver high-quality and
efficient financial protection solutions to the Cambodian people.
Mr.
Jeffrey Chew, Chief Executive Officer of Phillip General Insurance, highlighted
the importance of this partnership, stating: “We are delighted to strengthen
our partnership with Hattha Bank. This collaboration allows us to leverage our
expertise to provide valuable insurance protection to Hattha Bank customers,”
he said. He further added that this cooperation not only delivers excellent
insurance solutions but also plays a vital role in promoting financial
stability and security, reducing the impact of unforeseen events, and enhancing
peace of mind for customers.
Mr. Min Sopha, Chief Executive Officer of Hattha Bank, expressed strong confidence
in the partnership, stating that it will further contribute to the growth of
the insurance sector. He said: “We are very pleased to enter into this business
partnership with Phillip General Insurance to provide additional benefits and
choices to all Hattha Bank customers and the general public through health insurance,
fire insurance, and motor insurance products. This collaboration reflects our
commitment to delivering comprehensive financial solutions that best meet the
needs of Cambodian customers.”
To celebrate the official launch of this Bancassurance partnership, all Hattha Bank customers who purchase private motor insurance from Phillip General Insurance from 23 January 2025 to 31 March 2025 will receive an instant 10% discount. In addition, customers purchasing insurance through Hattha Bank will also enjoy special pricing.
About
Phillip General Insurance:
Phillip General Insurance is a trusted general insurance provider in Cambodia, committed to delivering high-quality and affordable insurance solutions to both individuals and business partners. The company is proudly supported by PhillipCapital Group, a strong financial institution headquartered in Singapore. The company’s development began with its official registration approval from the Ministry of Commerce on 31 January 2017, followed by the issuance of an insurance business license from the Ministry of Economy and Finance on 9 June 2017. Recently, the company renewed its general insurance license with the Insurance Regulator of Cambodia, effective 8 June 2022, ensuring full regulatory compliance and service excellence.
In Cambodia, PhillipCapital Group (Cambodia) is represented by four key entities:
• Phillip General Insurance (Cambodia) Plc
• Phillip Life Assurance (Cambodia) Plc
• Phillip Bank Plc
• Phillip Trustee (Cambodia) Co., Ltd
About
Hattha Bank:
Hattha
Bank, a commercial bank with a presence in Cambodia for more than 30 years,
offers a comprehensive array of financial services to its customers, including
retail consumer, business banking and SME customers, and corporate entities.
Hattha Bank is firmly standing as one of the leading commercial banking in
terms of distribution networks countrywide.
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