China Life Indonesia arm signs sales partnership with ZA Tech

This paves the way for the launch of the insurers endowment cover.

China Life’s Indonesian arm PT. China Life Insurance Indonesia (CLII) and Hong Kong-based ZA Tech have signed a sales partnership between CLII and PT. Web Proteksi Solusindo (WPS), the strategic broker partner of ZA Tech, in Jakarta, Indonesia.

ZA Tech and PT. Moduit Digital Indonesia (Moduit) will support the partnership as strategic partners.

Through this partnership, CLII will launch the Excellent Insurance Plan, an endowment insurance product, leveraging the expertise of both ZA Tech and Moduit, it is expected that CLII can further tap into a wider Indonesian market and provide an easier and more efficient insurance application process.

“With the distinct strengths of all participating companies, I believe that the combined synergies can help serve a broader range of customers with leading digital Insurtech solutions and better insurance coverage, helping them live an enjoyable life with greater peace of mind,” Young Yang, General Manager of the Southeast Asia market of ZA Tech Global Limited said.

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