New Pru Life CEO commits to financial literacy in the Philippines
The CEO met with Insurance Commissioner Atty. Regalado.
Pru Life UK’s new Chief Executive Officer (CEO), Sanjay Chakrabarty, recently met with the Philippines’ Insurance Commissioner Atty. Reynaldo Regalado to affirm the company’s goal to promoting financial literacy, inclusion, and good governance in the insurance sector.
Both parties discussed plans to enhance financial literacy initiatives, governance standards, and insurance accessibility, especially for vulnerable groups.
ALSO READ: Prudent underwriting boosts Shinkong's claims experience: AM Best
Supporting the financial protection of the Muslim community is a key focus, to which Pru Life UK has pledged its support.
Chakrabarty expressed gratitude for the opportunity to collaborate with the commissioner toward increasing insurance penetration in the Philippines' life insurance industry.