LIMRA and Prudential plc have signed a new memorandum of understanding (MOU), marking the next phase of a longstanding collaboration focused on supporting a future-ready agency team across Prudential's markets in Asia.
The agreement reflects the organisations’ shared commitment to agency professionalism, productivity and leadership development. The MOU builds on a relationship spanning more than two decades and underscores both organizations’ focus on continuous learning, capability development, and the delivery of meaningful value to customers.
Mr Dave Levenson, President and CEO, LIMRA and LOMA, said, “I want to thank Pankaj Banerjee, Prudential’s chief agency officer, for his vision, commitment and partnership in support of Prudential’s agency distribution across Asia.
“We are proud to customise our solutions and award-winning training programs for the Prudential team to ensure that they fit with their aspirations and culture.”
Mr Pankaj Banerjee, Group Chief Agency Officer, Prudential plc, said, “We deeply value the longstanding collaboration between Prudential and LIMRA, and are impressed by LIMRA’s global expertise across areas, particularly in agent and leader capability development. I am extremely excited to deepen our collaboration through this MOU.”
“This partnership is an important extension of our broader journey, reflecting our continued commitment and investment in building a future-shaping distribution platform defined by our best-in-class agency force. I am confident it will further strengthen how we equip our frontline with the knowledge, capabilities, and discipline needed to deliver best-in-class service to our customers and continue leading in an increasingly complex industry.”
Under the agreement, the organisations will collaborate on customised learning and development initiatives, leadership training, and knowledge-sharing opportunities designed to support Prudential’s evolving business and customer needs.