Forte Life Assurance has been named by International Finance Awards – a highly regarded awards body based in the UK – as Cambodia’s Fastest Growing Life Insurance Company and Most Innovative Corporate Life Insurance Provider.
Forte Life CEO Prou Sythan expressed pride at the awards, and acknowledged the part played by the company's staff and customers.
“We are honoured to be recognised as the best domestic life insurance company in Cambodia by receiving the two international awards simultaneously.
“These awards are a testament to the hard work and dedication of the Forte Life team, and to the loyal commitment of our customers,” said Prou Sythan.
The leading life insurer's chief financial officer Hong Bunhour reflected on the company's rapid growth in the Kingdom.
“Forte Life entered the Cambodian market only recently in 2019, but it has experienced substantial growth.
“As of the second quarter of 2023, the amount of insurance coverage for our customers has increased very significantly compared to the same period last year.
"Along with the increase in the pledge amount, Forte Life has also returned US$1.2 million in claims to customers by the first six months of 2023,” said Hong Bunhour.
Forte Life chief distribution officer Cheab Sopheak hailed the company's "proactive and empathetic approach".
“Our success is based on a deep understanding that each organisation has different priorities and requirements when it comes to life insurance coverage.
“This proactive and empathetic approach empowers us to develop tailored solutions that address the evolving needs of our corporate customers through our extensive and flexible product portfolio,” said Cheab Sopheak.
And CEO Prou Sythan pledged that Forte Life would continue to innovate, with its focus firmly on customers.
“We are committed to sustaining this rapid growth, and we will continue to be attentive to the needs of our customers to provide a better range of products and services.
“We will continue to innovate to maintain our reputation as the best domestic life insurance company, and to support Cambodian families to live with confidence,” Prou Sythan said.
About Forte Life
Forte Life Assurance – a subsidiary of Forte – is a fast-growing life insurer committed to providing life protection and investment products that fit the needs and aspirations of modern Cambodians, leveraging on Forte's experience of the local market for more than 20 years.
Forte Life offers innovative, affordable and easy to understand life insurance products that work for individuals and businesses, such as Life Protect, Life Education, Comprehensive Group Care, Group Term Life and Group MedPro Rider.
For more information, visit https://www.forteinsurance.com/life