The Allure of the “New Element” Shinhan Life in the Life Insurance Market

As a new player in the Vietnamese life insurance market, Shinhan Life is attracting attention with its unique business strategy. It offers a great opportunity for financial advisors who are looking to experience and develop their professional careers in a new work environment.

0
174

New experience, new opportunities

The launch of the personal insurance agency channel (FC Channel) of Shinhan Life Vietnam with a focus on quality at the end of February has attracted attention in the market. At the event, Mr. Lee Young Jong – CEO of Shinhan Life Korea affirmed the commitment to support Shinhan Life Vietnam in all aspects, while sharing expectations for the company’s development in the Vietnamese market in the future, as well as confidence in the recovery and growth of the domestic life insurance market.

Mr. Lee Young Jong – CEO of Shinhan Life Korea affirmed the commitment to support Shinhan Life Vietnam in all aspects.

According to Mr. Lee Young Jong, at Shinhan Life Korea, the FC channel is the main channel contributing to the sales and important to the sustainable development of the company. “We will apply this successful model to Shinhan Life Vietnam’s FC channel, with the goal of becoming a key factor, creating a change in perception in the Vietnamese life insurance market.”

Mr. Lee Young Jong, head of Shinhan Life Korea, also shared the goal of Shinhan Life Vietnam to become a beloved insurance company by Vietnamese people. Instead of pursuing only profits, the company will focus on cooperative development, contributing to the economic and social development of Vietnam. “We strive to build Shinhan Life Vietnam into a workplace where financial advisors and employees always feel happy and proud.”

Shinhan Life Vietnam opened the FC channel business office.

Mr. Lee Young Jong emphasized that the FC channel team is a key factor for the company’s development in the Vietnamese market. Therefore, Shinhan Life will provide competitive benefits and create more opportunities for success in the career of financial advisors. In addition, the successful lessons of the FC channel in Korea will be localized and effectively applied to the FC channel in Vietnam.

Joining the FC channel of Shinhan Life Vietnam in the early stage, the team of “seeds” are all people who want to change themselves, experience and seek career development opportunities at Shinhan Life – a professional and different working environment.

At the early stage, the FC channel operates mainly in Ho Chi Minh City with a business office located at CII Tower, 152 Dien Bien Phu, Ward 25, Binh Thanh District. This is a professional and modern working space for the FC channel’s team of financial advisors and also the Customer Service Center, directly serving customers from the South.

Join hands to lead Shinhan Life Vietnam in terms of quality

Launching the FC channel at a time when the life insurance market is expected to have positive changes, heading towards positive growth this year, Mr. Bae Seung Jun – CEO of Shinhan Life Vietnam announced the business plan for 2024 with ambitious goals.

Mr. Bae Seung Jun – CEO of Shinhan Life Vietnam announced the business plan for 2024 with ambitious goals.

“We always have the belief that the life insurance market will soon recover and continue to develop in the near future. The FC channel is an opportunity for us to mark a new growth stage,” the captain emphasized.

Moreover, according to Mr. Bae Seung Jun, the company achieved encouraging business results in the difficult year of 2023. Specifically, Shinhan Life Vietnam achieved insurance fee revenue of 217 billion VND, with a growth rate of 90% compared to the same period last year. Currently, the company has more than 100 employees and over 200 financial advisors in all distribution channels, along with a diverse portfolio of financial solutions, serving various needs of customers.

The positive business results and impressive achievements in the first two years of joining the market have created a solid foundation for Shinhan Life to embark on a new development journey. In the third year of operation, Shinhan Life strives to develop a professional advisory team, with quality as the top priority.

Shinhan Life Vietnam aims to improve the quality of products and services, focusing more on customer benefits.

According to Mr. Bae Seung Jun, improving the quality of products and services with a focus on customer benefits is the key requirement for life insurance to attract more people. Shinhan Life is and will continue to innovate to increase the company’s presence and contribute to the market’s positive growth of life insurance in Vietnam.

“With the One Shinhan spirit, the professional financial advisor team of the FC channel has just been launched effectively together with the office team, we believe that Shinhan Life Vietnam will achieve the goals we set,” CEO Bae Seung Jun expressed strictly,/.