PVI Insurance has been awarded the esteemed title of "World’s Most Innovative Non-life Insurance Company 2023" by International Finance Magazine (IFM). (Photo courtesy of PVI Insurance) PVI Insurance received the esteemed title of "World’s MostInnovative Non-life Insurance Company 2023".
The International Finance Awards are renowned for celebratingorganisations that have demonstrated exceptional accomplishments andadvancements across various sectors worldwide. In insurance industry, the awardacknowledges the companies that are dedicated to safeguarding the interests ofcustomers globally.
Earlier in February, PVI Insurance also became the first and onlycompany in Vietnam to receive an excellent A- rating from AM Best thanks to itsstrong financial position and robust performance.
In 2022, PVI Insurance successfully surpassed its business plantargets and maintained its prominent position as the leading non-life insurancecompany in Vietnam.
The company secured a total consolidated revenue of 14.4 trillionVND (612 million USD) in 2022, exceeding the annual target by 23%. Its profitafter tax also surpassed the plan by 21.3%, reaching 1.1 trillion VND.
In addition to striving for financial success, PVI Insuranceplaces a strong emphasis on enhancing customer experiences throughcollaborations with leading e-commerce entities and continuous service andproduct improvements.
Furthermore, with the establishment of PVI Digital InsuranceCompany as its 40th member unit in early 2023, PVI Insurance has takensignificant strides in integrating technology into its operations. Theseinitiatives help diversify non-traditional insurance distribution channels andensure the best possible experiences for customers.
In 2021, PVI Insurance also received two accolades from IFM,distinguishing itself as the sole Vietnamese non-life insurance company to winthe titles of "Best CSR Insurance Company" and "Best Non-LifeInsurance Company".
These accolades serve as a testament to PVI Insurance's unwaveringcommitment to creating, developing and enhancing the quality of insuranceproducts to provide optimal protection for partners and customers. They serveas a driving force and a clear objective for PVI Insurance as it continues tostrengthen its position in both the domestic and international insurancemarkets in the years to come./.
VNA
