Prudential – Development history
Prudential has over 150 years of age. In 1848, Prudential was founded under the name Prudential Mutual Assurance Invesment and Loan Association in Hatton Garden, London, UK, provides loans and life insurance for U.S. intellectuals capitalists.
Then 6 years, the life insurance to workers born. Next it in 1856, Prudential to be leaders in out insurance policies for children under 10 years of age.
The next year it is a series of steps the significant improvement recorded by Prudential. In 1871, Prudential was the first company in London thuen female staff offices, in the same year is the application of computer, help save time in processing these contracts and the number of calculations are increasingly increased rapidly.
The end of 1870, Prudential moved to a location Holborn Bars, an area associated office by Alfred Waterhouse design. The building is quickly becoming a famous and to this day still hold a position in the list of assets of Prudential.
After the transfer office, Prudential continues to grow and for the year 1900, more than 1 / 3 UK population participating mode of Prudential Insurance. Assets of Prudential today up to 40 million Bang, affirmed the strong position of the Prudential brand names.
When laws national insurance is issued, Prudential quickly cooperate with the government to build Approved Societies, providing the welfare for about 5 million people become ill or unemployed.
At the first decade of 20 branches overseas Prudential’s first opened in India and the first to be sold to an owner of tea plantations in Assam. At this time, shares of Prudential also skyrocketing on the platform proven mineral London in parallel with the introduction of the Pensions Group, is designed based on the pension plan for employees of Prudential.
An important development in the standardized brand Prudential was conducted in 1986 with images Prudence, Genie careful cardinal and is the symbol of the unity and guarantee the services from Prudential in 1848, is improvements to keep up time and become the focal point for a system of identification of the new corporation.
Vision and operation of Prudential has been expanded. Notably, events Prudential to buy back Amicable Life of Scotland to strengthen the power of his counterpart in IFA. Next year Egg was established as a company’s financial services online and growing stronger.
In 1999, Prudential bought the M & G and then in Prudential PLC is sharply on the Securities Market New York.
In 2000, Prudential research point of view of clients in financial services and start the campaign “The Plan from the Pru” in England. A campaign to describe the importance of financial planning in the stage of life is expressed to target customers in this era of new.
PRODUCT
Prudential there is about 16 million customers and operations across the UK, Europe, America and Asia, providing the type of insurance vary depending on the needs of customers and businesses including protection life insurance, investment, insurance, general …
Most types of insurance for clients of Prudential from IFA (Independent Financial Advisors), however, Prudential also sell insurance through cooperation strategy with the company’s financial services other.
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