Occasion coincides with celebrations as Manulife Financial in Asia is named Life Insurance Company of The Year at Asia Insurance Review Awards 2007
Jakarta – PT Asuransi Jiwa Manulife Indonesia reiterated its commitment to expanding its life insurance market share in Surabaya and East Java at a client gathering held in Surabaya today. Announcing that its parent company has won a prestigious industry award in the Asia, the Company said it would be even more active in its efforts to boost its position in the local Surabaya life insurance market.
“We are very delighted with the performance of Manulife’s agency and staff in Surabaya and are keen to continue building our business in the area. Today is particularly special occasion for us as we are excited to announce that Manulife has been named Life Insurance Company of the Year at the Asia Insurance Review Awards 2007 for its continued commitment to professionalism, excellent customer service and innovation with first-to-market products.” said David Beynon, Manulife Indonesia President Director.
Mr Beynon was accompanied at the event by Nelly Husnayati (Executive Vice President & Chief Agency Officer), Adi Purnomo (Senior Executive Vice President and Vice President Director) and Patrick Atkins (Assistant Vice President Agency, Manulife Surabaya).
Reiterating the company’s other successes, Mr Beynon also described how Manulife Indonesia’s strategies here had led it to win a string of prestigious local recognitions in 2007. In June 2007, Manulife Indonesia wonInsurance Award 2007 as the Best Life Insurance Company(in the class of companies with equity in excess of IDR 250 billion) from Media Asuransi magazine and was also voted a close 2nd in the Top Life Insurance Companies in 2007 by Investor magazine. Then, in July 2007, the company’s successes were further underlined by an “Excellent ” designation from InfoBank magazine in its 2007 insurance rating.
Recently, Manulife Asset Management Indonesia (MAMI), one of the largest investment management companies in Indonesia, launched three new mutual fund products on Nov 1, 2007. These three products include an equity fund (Manulife Saham Andalan) and two balanced funds (Manulife Dana Tumbuh Berimbang and Manulife Dana Stabil Berimbang), which combine equity, fixed income and money market assets.
The Asia Insurance Review awards, now in their 11th year, are designed to recognize and salute excellence in the insurance industry. Entrants for the Life Insurance Company of the Year award are judged on their in-depth knowledge and understanding of Asian markets, their responsiveness to customer and intermediary needs and overall professional standards. Companies must also demonstrate industry leadership, innovation, customer service excellence as well as sound financial management.
About Manulife Financial in Indonesia
Manulife Indonesia offers the most comprehensive products and services in the Indonesian financial services industry through Life Insurance, Employee Benefits and Mutual Fund products. Headquartered in Jakarta, Manulife Indonesia operates through a network of around 100 offices in more than 20 cities throughout the country, supported by approximately 5,000 employees and full-time professional agents who serve more than 1,000,000 customers.
About Manulife Financial
Manulife Financial is a leading Canadian-based financial services group serving millions of customers in 19 countries and territories worldwide. Operating as Manulife Financial in Canada and Asia, and primarily through John Hancock in the United States, the Company offers clients a diverse range of financial protection products and wealth management services through its extensive network of employees, agents and distribution partners. Funds under management by Manulife Financial and its subsidiaries were Cdn$ 399 billion (US$ 400.5 billion) as at September 30, 2007
Manulife Financial Corporation trades as ‘MFC’ on the TSX, NYSE and PSE, and under ‘0945’ on the SEHK. Manulife Financial can be found on the Internet at www.manulife.com.
About Manulife’s role as the Worldwide Life Insurance Partner of the Olympic Games
Manulife Financial is the Official Worldwide Life Insurance Partner of the Olympic Games, supporting the Olympic Movement around the world, including Indonesia. Much like the Olympic Movement, Manulife Financial is dedicated to helping people achieve their dreams. By providing tailored life insurance products and services to its valued customers via its professional agency force, Manulife Financial facilitates the financial means for people to live out their dreams.This business essence is reflected in the company’s Olympic theme for the Beijing 2008 Olympic Games:Bringing Dreams to Life.
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For further information, please contact:
Assistant Vice President, Agency
Tel (031) 568 6990
Fax (031) 568 6991
Tel (021) 2355 9966
Fax (021) 391 1560