Towngas, FSE Nova commit to expanded insurance cooperation

It plans to invest more resources to offer insurance broker services to Towngas’ customers in HK and the mainland.

Towngas Lifestyle and FSE Nova have partnered to enhance professional and comprehensive insurance services to customers.

Under the agreement, Towngas Lifestyle and FSE Nova will expand their cooperation in the insurance broker business. 

They will invest more resources to offer insurance broker services to Towngas's 42 million household customers in Hong Kong and mainland China. 

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The framework agreement was signed by Yang Jun, chief operating officer of Towngas Lifestyle, and Dr. Steve Cheng, executive director of FSE Lifestyle, in the presence of Peter Wong, managing director of Towngas, and Patrick Lam, executive vice-chairman of FSE Lifestyle.

This collaboration follows the establishment of a strategic partnership between Towngas Lifestyle and Beijing Nova Insurance Services, an affiliated organisation of FSE Lifestyle Services Limited, in May 2022.