Alpha Bank teams up with Generali to distribute bancassurance. Reuters, December 31, 2020.
Alpha Bank has signed an exclusive distribution deal with Assicurazioni Generali to sell the Italian insurer’s non-life and health insurance products.
Liberty Seguros expands contract with Banco Inter for R$368 million. Sonho Seguro, December 8, 2020. (Text in Portuguese)
The Inter Bank will extend its contract exclusively to Liberty Seguros to sell insurance products in the bank’s network for over 15 years.
AU Small Finance Bank and ICICI Prudential Life Insurance announce strategic partnership. Yahoo Finance, December 29, 2020.
AU Small Finance Bank has signed a partnership with ICICI Prudential Life Insurance to offer life insurance solutions. AU Bank has more than 700 banking touchpoints in 13 states and two union territories.
India's RBL Bank, ICICI Prudential Life enter bancassurance deal. NDTV, December 9, 2020.
The bancassurance partnership between RBL Bank and ICICI Prudential Life has been announced. ICICI Prudential Life’s protection and savings products will be available via RBL Bank. RBL bank has more than 398 branches in India across 28 states.
ABC Insurance Brokers ties up with Prudential to roll out life insurance. Life Insurance International, December 22, 2020.
ABC Insurance Brokers, a unit of the ABC Bank & Group, has teamed up with Prudential Insurance to roll out a life insurance offering in Kenya. The Kwaheri Plan is a life insurance cover payable in the event of death to meet burial expenses.
AIA, AYA SOMPO ,and AYA Bank launch strategic bancassurance partnership in Myanmar. Asia Advisers Network, November 26, 2020.
The bancassurance partnership between AYA Sompo Insurance, AYA Bank, and AIA Myanmar has been launched across the country. Life, health, and general insurance solutions are to be offered via AYA Bank’s extensive network throughout the country.
Hollard partners with TymeBank to leverage digital platforms across Pick n Pay stores to address access to financial services. Press release, September 16, 2020.
The Hollard Insurance Group has partnered with TymeBank to offer South Africans Family Protect. Family Protect is a funeral cover that provides a three-month income benefit for living expenses. From October this coverage is initially available to new TymeBank clients and can be accessed at self-service kiosks at Pick n Pay stores. The kiosks use biometric identity verification.
Prudential Vietnam and SeABank (Vietnam) strengthen their strategic partnership and sign an agreement on digital product distribution. PR Newswire, December 18, 2020.
The companies have signed an agreement to distribute digital products. PRU-Guard 24/7, a digital insurance solution, will be distributed via SeABank's e-banking platform. SeABank will be Prudential Vietnam's first banking partner to distribute this product.
VietinBank and Manulife announce exclusive 16-year bancassurance partnership. PR Newswire, December 14, 2020.
Manulife Vietnam will be the exclusive provider of bancassurance solutions to VietinBank customers in Vietnam after regulatory approval is given. VietinBank has a network of more than 150 branches and 1,000 transaction offices across 63 cities and provinces in the country.
Sun Life announces 15-year exclusive bancassurance partnership with Asia Commercial Joint Stock Bank (ACB) in Vietnam. Press release, November 18, 2020.
Sun Life has announced an exclusive bancassurance agreement with ACB in Vietnam that commences on January 1, 2021. Sun Life Vietnam’s life insurance solutions will be available via ACB, which has a network of more than 371 branches throughout Vietnam.
Hanwha Life Vietnam inks strategic partnership with YAN Financial to benefit customers. Vietnam News Summary, October 14, 2020.
Hanwha Life Vietnam has signed a strategic cooperation agreement with YAN Financial to provide professional consultancy and distribute life insurance products. Currently Hanwha Life Vietnam has more than 170 customer service centers throughout the country.