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Pru extends bancassurance partnership

Prudential has unveiled plans to extend its bancassurance partnership with Standard Chartered.

From today the life insurer will see its agreement, which enables Pru to distribute investment-linked, savings and protection products to Standard Chartered customers in Asia, extend until 2016.

Pru group chief executive Mark Tucker says: “We are very pleased to broaden and deepen our relationship with Standard Chartered in Asia, which began 10 years ago. The strength of our two brands and our shared expertise has benefited customers throughout the region.”

The new agreement, which includes deeper cooperation in accident and health and Takaful Islamic insurance products, will cover markets in Japan and Thailand.

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