VNPost gives Prudential network huge boost

04/07/2008 -- 11:05 AM

Hanoi (VNA) – Vietnam Post (VNPost) signed a contract with Prudential Vietnam Assurance (PVN) on July 3 that will enable the insurance company to use more than 3,000 post offices nationwide. VNPost is a part of Vietnam Post and Telecommunications Group (VNPT). While the initial focus of the cooperation is on collecting premiums, the contract also deals with a range of customer services for insurers, including claims being paid at post offices. PVN and VNPT will also cooperate in cross-distribution of products. In the first quarter of this year, VNPT launched a successful pilot post-service package for Prudential Vietnam customers. From July 4, insurance premiums can be paid at post offices in Hanoi, Ha Tay, Ho Chi Minh City and Binh Duong – and then in other Vietnamese cities. PVN’s chief executive officer, Binayak Dutta, said there were also plans to co-operate in customer information updates product crossdistribution. The cooperative move has already proved a success in the West.-Enditem
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