In a remarkable close to 2023, Forte Life Assurance achieved notable success, receiving two prestigious awards from the International Finance Awards, a renowned UK-based organization. The company proudly earned the titles of "Cambodia’s Fastest Growing Life Insurance Company" and "Most Innovative Corporate Life Insurance Provider," showcasing its commitment to innovation and fastest growth in the industry.

As we step into 2024, Forte Life Assurance reflects on a transformative year with omni-distribution channels. In 2023, the company provided crucial financial protection to an impressive 840,000 lives, which is about 5% of the Cambodian population. We are also a market leader in protecting the largest number of lives for Cambodian employees across the country. This achievement was marked by a notable claim payout of more than 10 million in death and medical benefits since 2019.

Mr. Prou Sythan, CEO of Forte Life, expressed immense pride in these accomplishments, saying, "The start of 2024 marks a celebration of our leading position in the Cambodian life insurance market. This year’s theme, '25 Years of Growth,' highlights our long-term commitment and success. Our heartfelt thanks go to our customers, regulator, partners, and the whole Forte Group for their continued trust and support. The success and significant achievements of Forte Life are specially thanked to our founders from Singapore and Cambodia who made the decision to start general insurance in 1990s, then expanded to microinsurance in 2016 and later life insurance in 2019."

Forte Life’s positive impact goes beyond just business. In 2023, the company played an active role in supporting community and social initiatives, including sponsoring health and education events, and contributing to solar energy projects in schools across Takeo and Svay Rieng provinces.

Looking forward, Mr. Sythan reaffirmed the company’s commitment to its goals for the new year.

“Our focus in 2024 remains aligned with our strategy from the previous year. We are dedicated to providing innovative insurance solutions to families throughout Cambodia and aim to continue making a meaningful impact in the insurance industry​ with the theme of 25 Years of Growth,” he concluded.

About Forte Life

Forte Life Assurance – a subsidiary of Forte – is a fast-growing life insurer committed to providing life protection and investment products that fit the needs and aspirations of modern Cambodians, leveraging on Forte's experience of the local market for more than 20 years.

Forte Life offers innovative, affordable and easy to understand life insurance products that work for individuals and businesses, such as Life Protect, Life Education, Comprehensive Group Care, Group Term Life and Group MedPro Rider.