YF Life Accelerates Business Development in Macao
Integrates Fintech and Quality Services for the Future

April 13, 2021

Mr. Zhang Ke, Chief Executive Officer at YF Life Insurance International Limited (YF Life), visited the Monetary Authority of Macao recently to meet senior executives and present YF Life’s current business development efforts and future prospects in Macao.

Mr. Zhang Ke said, “YF Life has been developing its business in Macao over the past 20 years, and it has always been a market that YF Life attaches great importance to. In order to implement our business strategies in Macao, we are continuing to allocate resources and widely recruit frontline consultants and backend supporting staff.” As of the end of last year, the total number of consultants at YF Life Macao was ranked second in the Macao SAR, with the total premium income ranked in the top three.

To facilitate the company’s business development in Macao, YF Life last year set up a new headquarters for its Macao branch office at the Finance and IT Center of Macao, together with a 20,000 ft2 consultants office at the same site, plus a newly added 13,000 ft2 consultants office at Centro Golden Dragon.

At the same time, YF Life and Ant Bank (Macao) have announced the launch of their first strategic collaboration, offering a range of free COVID-19 protections as a value-added service to advanced account users of Alipay (Macao).

Looking forward, YF Life will continue with its customer-oriented approach to innovate and provide the best protections and financial services to enhance the customer experience. Meanwhile, the extensive experience of its parent company Yunfeng Financial Group, allied with its unique resources in finance and online technology, will empower YF Life’s digital development and consolidate its position as a technology-enhanced insurance and wealth-management company staffed by a cohort of professional consultants dedicated to creating value for customers and to help them “own the future”.

YF Life Insurance International Limited is a member of publicly listed Yunfeng Financial Group Limited, whose major shareholders include Yunfeng Financial Holdings Limited and Massachusetts Mutual Life Insurance Company, one of the “Five Largest US Life Insurance Companies”*. Leveraging our robust financial background and solid reliability, YF Life is committed to helping customers “own the future” by providing professional and technology-enhanced one-stop risk- and wealth-management consulting services, as well as MPF services.

*Yunfeng Financial Holdings Limited and Massachusetts Mutual Life Insurance Company have an indirect shareholding in Yunfeng Financial Group Limited. The “Five Largest US Life Insurance Companies” is ranked according to the aggregate results of “Insurance: Life, Health (Mutual)” and “Insurance: Life, Health (Stock)” on total revenues for 2019, and based on the FORTUNE 500 as published on May 18, 2020.

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