Strategic Expansion and Growth
NEW
NEW
EXISTING
NEW
Enhance the Core
Diversifying into new distribution partners, customer segments and products
Channels
Core products
Customer segment
Estate
planning
Robo-
investing
HNW
Consultants
BD
Agency
Unit linked
Current banks
Return of
premium
Multi-care multi-
stage medical
Affluent
cover
+
Critical
Illness
Mass
+1y
New partners
Term life
Micro-
credit
Emerging
Direct
Health benefit
Group term,
medical, PA
Group
Corporate
क
PRUDENTIAL
1. As of 05 August 2020
New distribution, product & customer segments
High Net Worth
PUS
BY PRUDENTIAL
OPUS in Singapore APE of $25m
•
101 Private Wealth consultants
•
c.5,000 HNW customers
Distinctive HNW value
proposition
Services include estate, wealth, tax & legal planning
Retirement and Pension
PRUActive & PRUGolden Retirement
(HY20APE: $19m)
In-flight
Launch of QDAP
(HY20 APE: $62m)
Bancassurance Partnership
TMB
15-year
partnership with
TMB Bank in
Thailand
SeABank YOMA BANK
20-year
partnership with
SeABank in
Vietnam
The Responsible Bank.
Strategic
partnership with
Yoma Bank in
Myanmar
Launched in 11 markets with 21
pulse Partnerships and 8.1m
by Prudential
downloads1
SME Opportunity& Platform prɩworks
• PRUworks developed as a replicable and scalable model
Live in Singapore, Indonesia and Hong Kong; Thailand
next to launch
• Further investment required to capture opportunity
OVO
Traction
• Total APE from employee benefits
business: +20% to $107m
• Onboarded 5,000 schemes in HY20 up
+14% compared to HY19
.370K new lives added
18View entire presentation