ex. Game, Music, Video, Photography

Insurance firms step up recruitment to push bancassurance sales

Insurance companies are hiring more staff to boost sales to bank customers as lenders seek to increase revenue from non-traditional banking services.

Ngày đăng: 17 tháng 9, 2021
Cập nhật: 22 tháng 1, 2023
Lượt xem: 321226599
Nguồn: vnexpress

In recent months insurance companies like AIA and Prudential have been recruiting hundreds of sales staff to work at VietinBank, VPBank, Maritime Bank and other similar institutions.

A spokesperson for an insurance company which has exclusive partnerships with several banks said that the company plans to increase recruitment of bancassurance staff by 25 percent this year from last year.

Industry insiders said that the recruitment increase is happening as banks seek to increase revenues from selling insurance products as credit growth has been hit by the Covid-19 pandemic. Vietnam’s credit growth was 2.45 percent in the first half of 2020, the lowest since 2016, according to the General Statistics Office.

Banks, meanwhile, have seen their revenues increase thanks to bancassurance. VIB, for example, saw revenues from insurance in the first half rise 23 percent year-on-year to VND536 billion ($23 million).

Ngo Trung Dung, deputy chairman of the Insurance Association of Vietnam, said that life insurance sales in Vietnam via bancassurance rose 20 percent year-on-year in the first half of 2020.

Although lenders like Techcombank and Sacombank are using their own staff to sell insurance products, some experts suggest the use of professionally trained insurance company staff more professionally trained to ensure more success in sales.


Tin tức liên quan

 Late sell orders drag VN-Index down
business 21/03/2021

Late sell orders drag VN-Index down

economy | 31106680

The VN-Index slipped 0.29 percent to 868.72 points Monday, as sell orders in the last hour dragged it down into the red.

 Martin Yan auctions books for Vietnamese charity
life 21/03/2021

Martin Yan auctions books for Vietnamese charity

culture | 25886667

American celebrity chef Martin Yan of cooking show Yan Can Cook came to Vietnam this week to raise funds for a children’s charity project.

 Shipping risks rise as Antarctic ice hits record low
world 31/03/2021

Shipping risks rise as Antarctic ice hits record low

world | 167906639

Some 50 cruise vessels carried almost 35,000 tourists to the Antarctic last year to witness its ice shelves, soaring glaciers and wildlife.

 Families feast on bizarre menu to kill belly pests
travel 27/03/2021

Families feast on bizarre menu to kill belly pests

places | 111196654

Today, throughout Vietnam, the prevailing image was fermented rice and lychees as the country celebrated ‘Tet Doan Ngo’: the national pest killing day.

 Da Lat
travel-life 17/05/2021

Da Lat's century-old mansions to rise from oblivion

travel-life | 208436645

Scores of abandoned 100-year-old colonial mansions are waiting to be restored to their former glory.

 As more Vietnamese fall prey to human trafficking, UK calls for tighter controls on nail bars
news 27/03/2021

As more Vietnamese fall prey to human trafficking, UK calls for tighter controls on nail bars

news | 114306651

Victims trafficked from Vietnam most commonly end up in labor exploitation, often in cannabis cultivation and nail bars.

Link Tài Trợ - Sponsored Links

Công Thức Vật Lý
Loading…