Allianz Insurance Lanka and Commercial Bank extend eight-year bancassurance partnership

Tuesday, 19 November 2024 00:45 - - {{hitsCtrl.values.hits}}

Allianz Insurance Lanka Ltd., has formally renewed its long-standing partnership with Commercial Bank, for the provision of bancassurance services.

This new chapter of collaboration between the two, building on eight years of partnership, was marked by the signing of an updated Memorandum of Understanding (MOU) for the period 2024-2025. Both organisations have committed to work together to deliver cutting-edge insurance products tailored to the evolving needs of Commercial Bank’s customers, with a heightened focus on expanding digital channels to enhance accessibility and improve customer experience.

Over the past eight years, Allianz Insurance Lanka and Commercial Bank have built a strong bancassurance relationship, providing insurance solutions to countless customers. This partnership, built on mutual trust, has consistently delivered results that reflect a deep understanding of customer needs. As the partnership continues, Allianz and Commercial Bank will explore new strategies that strengthen the existing high standards of service, while also introducing fresh innovations designed to meet the changing demands of an increasingly digital world.

The next two years will thus see Allianz Insurance and Commercial Bank work closely to refine their product suite and introduce services that not only meet the financial and protection needs of customers but also integrate seamlessly into their digital lifestyles.