Pru Life UK opens new sales offices in Mindanao

GA_Launch_Davao_-_cropped.jpg_569218385

VGM 888 Life Insurance Agency Corp. President Vanessa G. Madayag (center) with Pru Life UK Vice President and Sector Head for VisMin Maria Xenas Kintanar, Assistant Vice President and General Agency Development Head Suzie Tee-Domingo (second from the left), Senior Vice President and Chief Agency Officer Divine Furagganan (second from the right), and Vice President for General Agency & Fast Track Agency Development Department Mark Migallos (rightmost) during the inauguration of VGM 888 Life Insurance Agency in Davao City.

GA_Launch_CDO_-_1.jpg_569218385

China Gold Insurance Group General Agency, Inc. Vice President for Operations Roland Ramos (second from the left), and President Janet L. Ramos (center) with Pru Life UK Vice President and Sector Head for VisMin Maria Xenas Kintanar, Vice President for General Agency & Fast Track Agency Development Department Mark Migallos (leftmost) and Senior Vice President and Chief Agency Officer Divine Furagganan (second from the right) during the inauguration of China Gold Insurance Group Agency in Cagayan de Oro City.

GA_Launch_Davao_-_cropped.jpg_569218385
GA_Launch_CDO_-_1.jpg_569218385

British life insurer Pru Life UK is further increasing its presence in key parts of the country with the launch of seven new offices in Luzon and Mindanao.

Following the opening of its three new sales offices in Metro Manila and Cebu during the first half of the year, the Company inaugurated VGM 888 Life Insurance Agency Corp. in Davao City and China Gold Insurance Group General Agency Inc. in Cagayan de Oro City.

VGM 888 Life Insurance Agency, headed by Unit Manager Vanessa G. Madayag, is located at 236-239 Nova Tierra Square Hizon, Davao City, Davao del Sur.

When asked about the rationale behind her choice of location, Ms. Madayag shared, “It made sense to open an office in a fast-growing and developing city. It’s in accordance to our goal of reaching more Filipino families as well as help uphold our advocacy of saving lives through diligent financial planning.”

Meanwhile, China Gold Insurance Group Agency, under the leadership of Branch Manager Janet L. Ramos and Unit Manager Roland Ramos, is located at Block 19 Lot 1 Macapagal Drive, Pueblo Business Park, Pueblo de Oro, Upper Carmen, Cagayan de Oro City.

“The number of customers in Mindanao continues to grow every day. Through the new office, we are hoping to extend Pru Life UK’s superior selection of products to its locals and properly educate them on the pros of life insurance,” related Ms. Ramos.

For her part, Senior Vice President and Chief Agency Officer Divine Furagganan said, “We are pleased to share that we were able to grow our agency force at such a fast pace this year. By further establishing our presence in these key areas, we are staying true to our Company’s mission to build a more financially-empowered Philippines.”

In Luzon, Pru Life UK launched five agencies namely: Belleza BDT Life Insurance Agency in Sta. Rosa, Laguna; Escosia Life Insurance Agency and Chrysanthemum Life Insurance Agency in Biñan, Laguna; JF General Insurance Agency (expansion office) in Sto. Tomas, Batangas; and JF General Insurance Agency (expansion office) in Fairview, Quezon City.

Pru Life UK’s expansion in various locations across the country validates the Company’s legacy which it has built for 20 years in the Philippines. In 1996, the Insurance Commission granted the British subsidiary the license to operate and sell life insurance in the country. Since then, Pru Life UK has expanded its reach to over 80 branches in the Philippines, with the biggest life agency force at 14,000 licensed agents, and has emerged as one of the top five life insurers.

-end-

About Pru Life UK

Established in 1996, Pru Life UK is a subsidiary of British financial services giant Prudential plc. Pru Life UK is the pioneer and current market leader of unit-linked or investment-linked life insurance products, and is one of the first life insurance companies approved to market US dollar-denominated unit-linked policies in the country. Pru Life UK is a life insurance company and is not engaged in the business of selling pre-need plans.

Headquartered in the United Kingdom, Prudential plc has an extensive network of life insurance and mutual funds operations around the world covering Europe, the United States (US) and 14 markets in Asia. Its regional office, Prudential Corporation Asia, is based in Hong Kong. Prudential plc has around 24 million insurance customers worldwide and manages £562 billion of assets as of 30 June 2016.

Pru Life UK and Prudential plc are not affiliated with Prudential Financial, Inc. (a US-registered company), Philippine Prudential Life Insurance Company, Prudentialife Plans, Inc. or Prudential Guarantee and Assurance, Inc. (all Philippine-registered companies).

For more information: www.prulifeuk.com.ph

Back to Top