Prudential sues former top agency manager for up to S$2.5b over alleged poaching of 2

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Prudential sues former top agency manager for up to S$2.5b over alleged poaching of 2

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16-07-2019, 06:40 PM

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Prudential sues former top agency manager for up to S$2.5b over alleged poaching of 2

An honorable member of the Coffee Shop Has Just Posted the Following:

INSURER Aviva Singapore had prepared a war chest of S$100 million to S$150 million to poach 250 top agents from rival Prudential Assurance Company Singapore, the High Court heard on Tuesday in a high-stakes lawsuit that could see claims as high as S$2.5 billion.

Prudential alleges that its former star group agency manager Peter Tan Shou Yi had instigated 221 agents and 23 agency leaders at his agency Peter Tan Organisation (PTO) to defect en masse to Aviva's subsidiary Aviva Financial...

Prudential sues former top agency manager for up to S$2.5b over alleged poaching of 244 agents

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