Hanwha Life Vietnam on Wednesday signed a memorandum of understanding with drugstore chain Pharmacity, making it a partner in the Korean insurance company’s customer care network.
Accordingly, Hanwha customers can pay their premiums at Pharmacity’s 500-odd drugstores across the country.
Im Dong Jun, CEO and chairman of the member council of Hanwha Life Vietnam, said: “Healthcare is an essential part of our business. In the context of the pandemic particularly, human health has become an issue of great concern for most people. With the hope of bringing more benefits and healthcare services to customers, Hanwha Life Vietnam seeks to intensify co-operation with reliable healthcare partners, including Pharmacity.
“I believe that this endeavour will provide more comprehensive healthcare service to customers of both parties. Pharmacity’s customers will get access to Hanwha Life’s financial protection solutions, and Hanwha Life’s customers, staff and agents will have access to medicines and better healthcare services from Pharmacity.”
Chris Blank, CEO of Pharmacity, said: “With a network of over 500 pharmacies in … Ha Noi, HCM City, Binh Duong, Ba Ria-Vung Tau, Dong Nai, Can Tho and Da Nang and professional, thoughtful pharmacists, we are confident that Pharmacity will bring the best services to customers.
“The co-operation with a life insurer having a wide network of offices like Hanwha Life and its sister companies will also help us achieve the target of having 1,000 drugstores by the end of this year.”
In December 2020, Hanwha signed a deal with Gene Solutions, a leading genetics company in Viet Nam.
It is accelerating digitisation of its sales network.
In 2020, its premiums grew by 20 per cent to nearly VND3.4 trillion (US$147.7 million). Its profits are estimated at over VND300 billion ($13 million). This is the first time the company has earned profits for two consecutive years. — VNS