Pramerica Fosun Life Insurance Co., Ltd. is a joint venture life insurance company jointly established by Fosun and Prudential Financial Group. It was formally established in September 2012 with the approval of the former China Insurance Regulatory Commission and is headquartered in Shanghai. The company's registered capital is 2.662 billion yuan, and each shareholder holds 50% of the joint venture company.
With the mission of “Safeguard your uniquely defined future”, Pramerica Fosun has established a Needs Based Selling model through diversified channels such as agents, bancassurance, health insurance, intermediary and the internet; improving the customer service system to make it simpler, safer and more convenient; using new technology to satisfy customers' needs anytime and anywhere; combining shareholders' medical care, pension and other resources to provide customers with more differentiated and comprehensive services through an innovative system of Health, Happiness, and Wealthiness, building a comprehensive service platform to create happiness for customers.
Through continuous professional training, Pramerica Fosun enhances the working skills of employees, helping them meet the growth cycle at different stages and complete career planning. Based on the result-oriented guidelines, Pramerica Fosun achieves fair evaluation to improve the compensation and welfare system so that employees can feel at ease in this company.
Pramerica Fosun always regards social responsibility as its mission. By serving more customers, participating in various government insurance and security system policies, and practicing public welfare responsibilities, the company is committed to becoming a social stabilizer and economic booster to promote social harmony and health.
“Difference and Better” is the spirit of Pramerica Fosun. Through the persistence and efforts of all the employees, Pramerica Fosun will realize the corporate vision of “to be the life insurance company with the fastest value growth and to create happiness for Chinese families intellectually”.