Ho Chi Minh City, October 31, 2015 – ACE Life, the global life insurance division of ACE Group, today announced its win of the “Vietnam Top Brands 2015” award by the Global Trade Alliance (“Global GTA”, United Kingdom) for the Insurance – Financial – Banking sector. Jointly facilitated by Global GTA with Institute of Economic Research and Institute of InterConformity Assessment and Certification International (Germany-EU), this annual award aims to promote brands and enterprises offering a diversified range of high-quality products and services that prove their potential competitiveness in the world’s market.
Mr. Lam Hai Tuan, Chairman and Country President of ACE Life in Vietnam, said: “It is our great honor being awarded the “Vietnam Top Brands 2015”. This is a meaningful recognition for our ongoing efforts to promote and sustain the ACE Life brand name. We are committed to always providing customers with the most effective financial protection solutions through our diversified portfolio of quality products. This is also a good encouragement for all who work for ACE Life as a recognition of their role as brand ambassadors”.
After ten years of operation in Vietnam, ACE Life has affirmed its sustainable position through a network of 32 offices operating in 29 provinces/cities nationwide with an agency force of over 14,000 professional account representatives. Focused on being a reputable and trust-worthy life insurer, ACE Life’s operation philosophy is strongly grounded on corporate standards, business ethics, service quality as well as business efficiency.
Apart from its efforts to improve operational efficiency and service quality, , ACE Life is dedicated to the company’s corporate social responsibilities in Vietnam through ongoing over-arching philanthropic support for improving education and health, saving the environment and alleviating poverty.
ABOUT ACE IN VIETNAM
ACE Life Insurance Company, Ltd (“ACE Life Vietnam”) is part of the ACE Group of Companies, one of the world’s largest multiline property and casualty insurers.
With operations in 54 countries, ACE provides commercial personal property and casualty insurance, personal-accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. ACE Limited, the parent company of the ACE Group, is listed on the New York Stock Exchange (NYSE: ACE) and is a component of the S&P 500 index. ACE's core operating insurance companies are rated AA for financial strength by Standard & Poor’s, and A+ by A.M. Best. This rating is indicative of ACE’s strong capital base and financial stability; key attributes in the business of risk.
ACE has both general insurance and life insurance operations in Vietnam where it offers a comprehensive array of protection products and risk management solutions to a diverse group of clients. ACE Life Vietnam is a wholly owned subsidiary of ACE INA International Holding Limited (AIIH), a US domiciled company part of the ACE Group. In Vietnam, ACE Life offers a comprehensive array of quality life-insurance products to meet the financial-protection and security needs of a broad range of customers. The company pioneered the introduction of the Universal Life plan to the Vietnamese market in March 2006. Since then, it has developed a full range of Universal Life products. This diverse range of Universal Life products enables individuals and groups up to the age of 80 to select plans to suit their financial means. ACE Life distributes its products mainly through its professional and ever-growing 14,000 strong agency force, as well as through selected banks.
More information can be found at www.acelife.com.vn.