Cambodia: Prudential inaugurates new headquarters

| 02 Jul 2024

Prudential Cambodia has inaugurated its new headquarters in the heart of Phnom Penh, marking another new chapter in the company's ongoing commitment to enhancing its service capabilities and supporting the growth of the insurance industry in Cambodia.

The modern facility symbolises its dedication to investing in the local market and providing comprehensive financial protection to customers and Cambodian families. The facility’s open design and innovative workspace reflect Prudential Cambodia’s mission to foster agility, communication, and collaboration among its teams.

HE Bou Chanphirou, Director General of Insurance Regulator of Cambodia, who presided over the event, said, “On behalf of the Insurance Regulator of Cambodia and myself, I am pleased to commend Prudential Cambodia’s long-term vision and clear strategy for growing its operations, through continual expansion of its branch networks across Cambodia. Today, I congratulate Prudential Cambodia on the inauguration of its new headquarters.”

“I am confident that this new facility will allow the company to further enhance customer experiences, both in selling life insurance products and providing high-quality services and claims. This will undoubtedly contribute to Prudential Cambodia’s continued growth and help the country achieve its targeted insurance penetration of 5.5% and insurance density of $135 per person by 2030, as outlined in the Cambodia Strategic Development Plan for the Insurance Sector 2021-2023,” he added.

Mr Solmaz Altin, Managing Director of Strategic Business Group, Prudential plc, said, “This new headquarters is a significant milestone for us as we accelerate Prudential’s growth and strengthen our long-term commitment to this vibrant market. Having served families and communities here for over a decade, we are proud to have supported Cambodia’s growth and the government’s economic development goals. We are here with a purpose – for every life, for every future. It’s our mission to be the most trusted partner and protector for today’s generations and the generations to come.”

Mr Ponlu Tola, CEO of Prudential Cambodia, CLM Hub, said, “Our investment in this modern facility underscores our confidence in the Cambodian market. The office is equipped with convenient amenities, designed to bolster our operational capabilities and continue delivering an exceptional customer experience to our existing and prospective clientele,” reported Cambodia Investment Review.