- Prudential wins award for providing programmes for employees’ good physical and mental health
Singapore, 17 July 2014 – Prudential Assurance Company Singapore (Pte) Limited (Prudential Singapore) was conferred the Leading HR Practices Award in Quality Work-Life, Physical & Mental Well-Being at the Singapore HR Awards 2014 held at the Ritz Carlton Hotel.
The award from the Singapore Human Resources Institute (SHRI) recognises organisations that have achieved overall effectiveness in their HR and people management functions, which contribute to the needs of businesses, professionals, employees and the industry.
Prudential Singapore’s Executive Vice President & Chief Human Resources Officer Gan Peck Yeow was also conferred the Leading HR Leader Award. Ms Gan accepted the two awards at a ceremony on 11 July 2014.
Ms Gan said: “This achievement is a strong endorsement of our commitment towards delivering innovative and quality employee engagement programmes, as well as offering meaningful wellness programmes and activities for all our employees.
“It serves as a timely reinforcement of our focus to build Prudential’s brand as an attractive employer of choice. We will continue to deliver on all fronts to build an even more engaged and high performing workplace. This award is but one recognition that goes to prove that we are heading in the right direction.”
The Quality Work-Life, Physical and Well-Being Award recognises organisations which inform employees of health-related issues and matters, and at the same time, provide a platform and/or programmes that enable employees to have good physical and mental health.
Prudential Singapore Chief Executive Officer Tomas Urbanec said: “Winning this award is an endorsement of our efforts and commitment to developing our staff through well placed initiatives. This can only work to make Prudential Singapore an employer of choice.”
Prudential was also recently conferred the Plaque of Commendation (Gold) Award by the National Trades Union Congress (NTUC), becoming the first insurance company to receive the commendation. The award is presented to companies that have made significant and consistent contributions towards promoting good industrial relations, ensuring workers’ welfare and workfare.
These awards are an affirmation of Prudential’s focus on employee relations and welfare among other exemplary HR practices.
Prudential is one of the top life insurance companies in Singapore. It reported a record performance for 2013 with new business sales of S$706 million, up 18% over the previous year. It is one of the largest providers of private healthcare insurance in Singapore and a leading writer of Integrated Shield plans.
ABOUT Prudential Assurance Company Singapore (Pte) Limited (Prudential Singapore)
Prudential Singapore, an indirect wholly-owned subsidiary of UK-based Prudential plc, is one of the top life insurance companies in Singapore. We have been serving the financial and protection needs of Singaporeans for more than 80 years. Our focus is to bring well-rounded financial solutions to customers through our multi-channel distribution network, with product offerings in Protection, Savings and Investment. We are one of the market leaders in Protection, Savings and Investment-linked plans with over S$25 billion funds under management as at 31 December 2013.
Prudential Singapore is the first life insurer in Singapore to be named Asia's Life Insurance Company of the Year in 2000. For ten consecutive years until 2013, we have been awarded the Gold Award in Reader’s Digest Trusted Brands and we achieved the May Day Model Partnership Award in 2009. In 2010, we emerged as one of the top insurers in Singapore in the Customer Satisfaction Index, which is a national barometer that tracks 104 companies from eight sectors. Since 2007, we have been conferred the People Developer Award by SPRING Singapore for our efforts in training and developing employees and in 2013, we were presented with Asia’s Employer of the Year Brand Award by the Branding Institute and the World HRD Congress. In 2014, Prudential Singapore was awarded the NTUC Plaque of Commendation (Gold) Award and an AA Financial Strength Rating by leading credit rating agency Standard & Poor’s.
For media enquiries, please contact:
Lorraine Lee Robert
Associate Vice President
Prudential Assurance Company Singapore
Tel: 65 6704 7033
Catherine Ong Associates
Tel: 65 6327 6084