bancassurance


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bancassurance

(ˈbæŋkəˌʃʊərəns)
n
(Banking & Finance) the selling of insurance products by a bank to its customers
[from French banc bank + assurance assurance]
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
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References in periodicals archive ?
M2 PRESSWIRE-August 21, 2019-: Bancassurance Market Overview, Trends, Growth, Opportunities and Forecast by 2024 - IMARCGroup
BANKING AND CREDIT NEWS-August 16, 2019--Aditya Birla Health Insurance and Axis Bank enter into bancassurance agreement
M2 EQUITYBITES-August 16, 2019--Aditya Birla Health Insurance and Axis Bank enter into bancassurance agreement
Global Banking News-August 16, 2019--Aditya Birla Health Insurance and Axis Bank enter into bancassurance agreement
ENPNewswire-July 30, 2019--DBRS Comments on Bancassurance Strategic Alliance between BNS and BNP Paribas Cardif
(InLife) booked a double-digit growth in its revenues last year, supported by the company's bancassurance and digital channels.
Sunrise Bank Ltd has signed Bancassurance agreement with the Asian Life Insurance Company Ltd aiming providing all kind of insurance facility to its clients from the 104 branches of the Bank in all over the country.
Ataullah Rasheed Divisional Head Bancassurance State Life, Mr.
Bancassurance is on the rise, particularly in emerging markets as its outlook remains positive worldwide.
In an underdeveloped country like Pakistan, where insurance penetration is less than 1% of the GDP and little awareness about the concept of insurance, the bancassurance has paved the way to approach individuals.
Nii Amankra Tetteh, Bayport Managing Director, in his speech at Star Assurance-Bayport bancassurance media launch in Accra last Friday, indicated that the company had credibility with its 15 years of dedicated service in the country.
Tagged Bancassurance Referral Model, the collaboration offers Old Mutual an extensive outlet to offer life and general insurance products to Nigerians across 62 Ecobank branches in Lagos, Port Harcourt, Abuja and Ibadan, and is expected to be extended to 200 branches across Nigeria by 2019.