Prudential Goes To Digital

[xinmiao2018]

Prudential Goes To Digital

Prudential Singapore's journey towards digital distribution and transformation has hit a roadblock as its agents' unhappiness over a recent slew of changes bubbles over.

Industry sources told The Straits Times that 350 of some 600 unhappy agency leaders sent a formal petition about a month ago to the British insurer's Asia headquarters in Hong Kong, and to its London office, to protest against the selling of popular products and savings plans online.

-- From straitstimes

 

[spiritGate]

Just a matter of time

 

[Thoreldan]

Just a matter of time

agree...technology and data insights is here to stay.


insurance and property agents are going to be hit hard.


why pay such a hideous amount as agent's commission when all the work can ultimately be replaced by apps?

 

[blurpandasg2014]

Good move if prudential will be willing to transfer the savings to the customer.

 

[Shion]

Perhaps we should worry about more jobs being automated in the future

Anyway, I have bad experiences with Prudential. I will still avoid them.

 

[murphys]

I agree.. Only matter of time before. Middle man gets cut out. There is really not much need for advisory in those jobs.