Canadian life insurer Sun Life Vietnam has signed a three-year agreement with Global Online Financial Solutions Limited under which the latter will distribute its products.
HCM City (VNA) -Canadian life insurer Sun Life Vietnam has signed a three-year agreement withGlobal Online Financial Solutions Limited under which the latter willdistribute its products.
Sun Life will have the chanceto introduce its life insurance products to customers of Timo, a bankingservice provided by GOFS.
The products will be uploadedon the Timo mobile application and Sun Life staff will offer consultancy forthem.
The agreement follows Sun LifeFinancial’s purchase of a 25 percent stake in Crescent Asia Limited, GOFS’parent.
Larry Madge, general directorof Sun Life Vietnam, said the tie-up with Timo would strengthen his company’sposition in the country.
He promised that his companywould keep exploring ways to offer better solutions to customers in Vietnam.
Sun Life last January boughtout its local partner PVI Holdings and has established itself as a marketleader and industry pioneer in pensions.
Timo is developed by GlobalOnline Financial Solution Company and VPBank.-VNA
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At the event (Photo: VNA) 
