Advancing financial literacy is on top of new Pru Life UK CEO’s list

Pru Life UK’s CEO Sanjay Chakrabarty recently met with Insurance Commissioner Atty. Reynaldo Regalado to discuss the company’s plans to enhance financial literacy in the country, improve governance standards, and expand access to insurance products, especially among vulnerable and underserved populations.

Pru Life UK’s newly appointed CEO Sanjay Chakrabarty met with Insurance Commissioner Atty. Reynaldo Regalado to amplify the company’s commitment and support the Insurance Commission’s goal to advance financial literacy and inclusion in the country and good governance in the insurance sector.

Strengthening their commitment to providing better financial protection for Filipino families, IC Commissioner Regalado and Mr. Chakrabarty shared their insights and plans to bolster financial literacy initiatives, improve governance standards and expand access to insurance products, particularly among vulnerable and underserved populations. Providing financial protection to the Muslim community is another key priority of the commission, to which Pru Life UK pledged its support and commitment.

“It was an honor to meet Insurance Commissioner Atty. Reynaldo Regalado and reinforce Pru Life UK’s commitment to achieving our shared goals of increasing insurance penetration in the Philippines and elevating good governance in the life insurance industry,” Chakrabarty shares.

Pru Life UK is among the leading life insurers in the Philippines, recording the highest New Business Annual Premium Equivalent (NBAPE) in 2023, according to the Insurance Commission’s latest report as of Dec. 31, 2023.

For more information, visit www.prulifeuk.com.ph