Tuesday, August 5, 2008

PRU LIFE UK OPENS REGIONAL OFFICE IN SAN PABLO CITY

San Pablo City – Pru Life UK , the local subsidiary of British life insurer Prudential plc, today unveiled its integrated services office in this city.

The integrated office at the Second Floor of Bien-Paz Building along Maharlika Highway in Barangay San Rafael, San Pablo City will house three of Pru Life UK’s Laguna Branches, namely: King Amethyst, headed by King Mediano; Red Gold, led by Nel de Ono; and Rice Pearl, managed by Jay Lacanilao.

Pru Life UK President and Chief Executive Officer Nishit P. Majmudar led executives from Manila in gracing the branch office’s inauguration. Mr. Majmudar said the office, which integrates the operations of the three branches, would set a trend in the busting City of San Pablo---considered as a major hub in the Southern Tagalog Region.

“This new integrated services office will set a benchmark for enhanced customer service excellence in the field of life insurance, starting in this important city of Laguna. By integrating the operation of these branches in one office, Pru Life UK aspires to deliver a consistent premium service to its clients by offering a world-class setup where they can transact their businesses easily---allowing them the advantage of exploring and seizing more opportunities to widen their financial portfolio,” Mr. Majmudar said.

Pru Life UK is among the top players in the Philippine Life insurance industry, with four years of presence in San Pablo, Laguna. Through the new integrated services office, Pru Life UK signifies its continuing commitment to serve more people in Laguna, specially in San Pablo.

The company Senior Vice President and Chief Finance Officer Antonio G. de Rosas projected that this new development would lead to greater business expansion.

In just 12 years, Pru Life UK has become the country’s fourth largest life insurer in terms of First Year Premiums. This was made possible through the efforts of one of the best agency forces in the country, the access to immense financial and technological resources that comes with being a part of a multinational giant, and by listening to and understanding the Filipino people to come up with the best insurance, savings and investment products to service their financial needs. We have been in San Pablo for the past four years and thanks to our policyholders and agents, business has grown more than expected. This new branch will be able to accommodate further business expansion and provide more convenient access so as to better service our existing and new policyholders,” Mr. de Rosas said.

Pru life UK Marketing Vice-President Ma. Belen Elvira S. Tiongco said the unveiling of the new branch office signified the priority given by the Company to San Pablo.

“Pru Life UK is known globally, and locally, for its excellent insurance, savings and investment products and services. After almost 12 years of operation here in the Philippines, thousands of Filipinos have given us their trust to look after their own, and their families’ financial well-being. Our new office in San Pablo is a testament to our commitment to the people of Laguna, the rest of Southern Luzon. A high growth area such as San Pablo deserves only the best, and that’s why Pru Life UK is here to do just that,” Ms. Tiongco said.

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