Eastwest Banking Corp. partner EastWest Ageas Life Insurance Corp. anticipates a 15-percent increase in gross written premium (GWP) and a 50-percent increase in the amount of the first year premium (AFYP) in 2023, according to its incoming president.
EASTWEST Banking Corp. partner EastWest Ageas Life Insurance Corp. anticipates a 15-percent increase in gross written premium and a 50-percent increase in the amount of the first year premium in 2023, according to its incoming president.
He said EastWest Bank has provided an advantage to EastWest Ageas because the bank has provided them with a large pool of potential customers through its various offerings such as salary accounts, credit cards, and car and home loans As a young company, Smeets said EastWest Ageas has benefitted from the modern IT infrastructure fully supported in the cloud. He said going digital was one of the reasons why the company’s were not affected by Covid. All employees could work from home using their laptop computers, and our services remained operational, he recalled.
With the launch of the agency channel, EastWest Ageas introduced a new front-end to our agents, allowing for a simple, and quick) quotation and a discussion with our customers about their insurance needs.
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