Forte Insurance and Prince Bank have officially launched a bancassurance partnership in a collaboration to deliver a wide array of financial services that cater to the dynamic needs of the Cambodian market.
The partnership will allow Prince Bank to broaden its offerings by integrating various general insurance products into its financial ecosystem.
By merging Prince Bank’s strong banking foundation with Forte Insurance’s extensive expertise in the insurance sector, this collaboration aims to offer customers a seamless, one-stop solution for managing both their banking and insurance needs.
“Our collaboration with Forte Insurance is a landmark moment in our ongoing commitment to providing our customers with holistic and accessible financial services,” stated Mr Looi Kok Soon, CEO of Prince Bank. “This partnership enables us to offer a wider array of financial products that protect our customers from life’s uncertainties while simplifying their financial management. By combining Prince Bank’s banking services with Forte Insurance’s trusted general insurance solutions, we are paving the way for a more secure and convenient financial future for our customers.”
The newly added insurance products in Prince Bank’s portfolio will include coverage options for health, property, and life, giving customers the peace of mind that comes from knowing they are protected in various aspects of their lives. This strategic alliance aims to enhance financial security for individuals and businesses across Cambodia, supporting their long-term well-being.
Mr Suy Channtharong, CEO of Forte Insurance, highlighted the partnership’s importance, “The official launch with Prince Bank represents an exciting opportunity for Forte Insurance to expand our reach and offer a wider range of high-quality insurance products to the Cambodian market. Our goal is to make essential insurance services accessible to all Cambodians, helping them protect their families, assets, and futures with the best available coverage.”
This strategic partnership is set to reshape Cambodia’s financial landscape by offering a seamless integration of banking and insurance services, reinforcing Prince Bank’s commitment to financial inclusion and empowering the Cambodian population to secure their financial futures with greater confidence, reported Khmer Times.