AIA in bancassurance deal with DFCC

Tuesday, 20 May 2014 00:00 - - {{hitsCtrl.values.hits}}

AIA Insurance entered into a bancassurance agreement with DFCC Bank and DFCC Vardhana Bank recently. The partnership is exclusive at selected branches. The new partnership with AIA Insurance will enable customers of both banks to obtain tailor made Life insurance solutions.

AIA is the world’s fourth-largest and pan-Asia’s leading life insurer. The AIA group meets the savings and protection needs of individuals by offering a choice of solutions including retirement savings plans, life insurance, accident and health insurance. “As a pioneer and leader in bancassurance in the country, our new partnership with DFCC Bank and DFCC Vardhana Bank reiterates AIA’s focus on securing leadership position in the Asia Pacific region in keeping with AIA Group’s overall distribution strategy,” said Shah Rouf, Chief Executive Officer of AIA in Sri Lanka. “This partnership will bring a range of innovative products and services as well as our expertise in Asia and a wealth of experience to the banks’ customers,” he added.