Poaching in life insurance resumes with 200 agents from AXA migrating to Great Eastern
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Sources said Great Eastern Financial Advisers "was very creative" and that it would fully buy out the agents who might have signed on to packages when they were with AXA.
PHOTO: ST FILE
Claire Huang
SINGAPORE - Poaching activity in Singapore's life insurance industry has come full circle for key players that have their own financial advisory arms, with the first mass migration taking place amid tightened industry guidelines.
The Straits Times understands from market sources that a group of about 200 experienced agents from French insurer AXA have moved to Great Eastern Financial Advisers (GEFA).