Zurich Life's agents to move to financial advisory firm Nexus

Singapore

IN a move that will do away with its tied agency channel, Swiss insurer Zurich Life Singapore will transfer its 160 financial adviser representatives and about 10 support staff to Nexus Financial Services Pte Ltd, a new financial advisory (FA) firm that is the insurer's long-standing partner.

The transition will have no direct impact on Zurich's customers and all existing client commitments remain the same - they will continue to be serviced by the same representatives, the insurer said.