FWD Vietnam and TCA sign insurance distribution partnership

Ho Chi Minh City, October 22, 2024 – FWD Vietnam Life Insurance Company Limited (“FWD Vietnam”) and TC Advisors Joint Stock Company (“TCA”) have officially signed a partnership making TCA an Independent Financial Advisor for the distribution of FWD Vietnam’s insurance products. This milestone marks a significant step in FWD Vietnam’s strategy to diversify its distribution channels, delivering innovative and easy-to-understand insurance solutions to customers across the country.

The partnership between FWD Vietnam and TCA unlocks new growth opportunities for both parties, combining TCA’s strengths in its extensive network of experienced agents with FWD Vietnam’s diverse portfolio of life insurance products, which offer practical benefits and a seamless insurance experience.

Dau Tien Dung, Chief Business Officer FWD Vietnam said: “We always welcome professional and experienced Independent Financial Advisors to join us in developing and expanding this potential distribution channel. With strong and steady progress, FWD Vietnam is committed to developing this channel professionally and sustainably. We believe that our partnership with TCA will not only drive significant growth for FWD Vietnam but also deliver positive value to customers and the insurance industry in Vietnam.”

Le Hoang Hai, CEO of TCA, commented: “Over the past decade, TCA has expanded across all 63 provinces, establishing a strong presence with over 300 claim support centers nationwide. Partnering with FWD Vietnam marks an important milestone for TCA, enabling us to extend our services and provide customers with more innovative and flexible insurance solutions. With the support of FWD Vietnam and the expertise of our professional agents, we are confident in meeting the increasing demand for financial protection in Vietnam.”

Independent Financial Advisor channel presents significant long-term growth potential in the country. With FWD Vietnam’s strategic investments and TCA’s professional management and operations, this partnership is set to drive sustainable growth, offering comprehensive financial protection and peace of mind to more customers nationwide.

About FWD Vietnam

FWD Group is a pan-Asian life and health insurance business with more than 12 million customers across 10 markets, including some of the fastest-growing insurance markets in the world. The company was established in 2013 and is focused on changing the way people feel about insurance. FWD’s customer-led and digitally enabled approach aims to deliver innovative propositions, easy-to-understand products and a simpler insurance experience.

FWD Vietnam was established in 2016 and is a member of FWD Group.

For more information, please visit www.fwd.com.vn