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Bancassurance is an efficient distribution channel with higher productivity and lower costs than the traditional distribution channel. In the modern bancassurance module, there has a staff assigned by an insurance company placed in particular banks to serve banking customers with their insurance solutions.
Under the terms of the agreement, ASIC and ABIC, both part of Assurant Specialty Property, will: Make a $14 million settlement payment, without admitting or denying any wrongdoing.
ABIC - Associação dos Bolseiros de Investigação Científica is the Portuguese association of grant-holding researchers. ABIC was established in 2003 and represents early stage researchers, such as doctoral students , and post-doc fellows as well as researchers who are not included is these two groups but are grant-holders.
While in its initial stage its business was mainly from bancassurance channel, and gradually developed an agent network consisting of 108261 Insurance Advisors (IAs)and 825 offices across the country as on 31 March 2018 for selling its life insurance products and also collaborated with other distributions channels which include direct sales and ...
HDFC Life distributes its products through a multi-channel network consisting of Insurance agents, Bancassurance partners (HDFC Bank, Saraswat Bank, RBL Bank), a Direct channel, Insurance Brokers, MFIs (Micro Finance Institutions), SFBs (Small Finance Banks), etc. and 39 partnerships within non-traditional ecosystems [8] and an Online Insurance ...
It has three distribution channels—a tied agency force, bancassurance, and financial advisory firm, Great Eastern Financial Advisers. It is the only life insurance company to be listed on the Singapore Exchange (SGX), and the largest insurance company in Southeast Asia in terms of assets and market capitalisation .
Etiqa is an insurer and takaful operator in ASEAN.It is a member of the Maybank Group, offering life and general insurance policies, as well as, family and general takaful plans.
On 20 September 2024, Reuters reported that 7.24 terabytes of data of about 31 million Star Health customers, including sensitive personal and health data, was leaked by a threat actor named "xenZen" on Telegram through Telegram chatbots and on their leak website. [10]