bancassurance in A Sentence

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    Bancassurance encompasses a variety of business models.

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    Bancassurance- Life the Bank.

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    Chola MS & IndusInd Bank renewed decade long Bancassurance partnership for 5 years.

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    Bancassurance is an arrangement whereby an insurance company sells its products through a bank's branches.

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    The company also has over 11,200 branches all over India with its top 15 Bancassurance partners.

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    Bancassurance plays a major role in worldwide insurance and dominates several major European markets such as France and Italy.

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    Bancassurance is the arrangement between a bank and an insurance company for the sale of insurance products by the bank.

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    These business models generally fall into three categories: Integrated models where the Bancassurance activity is closely tied to the banking business.

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    Bancassurance has proved to be an effective distribution channel in a number of countries in Europe, Latin America, Asia and Australia.

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    The rebranding and name change will not impact the company's existing business model, agents, Bancassurance partnerships or customers' existing health insurance policies.

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    IDBI Federal has Bancassurance partnership with IDBI Bank and the Federal Bank and also distributes its products through its own network.

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    They are designed specifically for Bancassurance channels to meet the needs of branch advisers in terms of simplicity and similarity with banking products.

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    In Bancassurance- Life, the Bank is Corporate Agent of Life Insurance Corporation of India(LIC), the only Public Sector Insurance Company, since August 2003.

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    IDBI Bank and Life Insurance Corporation of India(LIC) signed a Bancassurance agreement under which the lender will offer LIC's insurance products at its branches.

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    She successfully developed Bancassurance models within public & private sectors as well as foreign banks and brought into being the first-ever retail Bancassurance model.

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    Bancassurance is an arrangement between a bank and an insurance company allowing the insurance company to sell its products to the bank's client base.

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    In January this year, both the entities signed a Bancassurance pact to make insurance easily accessible to consumers across over 4000 branches of Syndicate Bank in India.

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    The business strategy followed by them testifies their understanding of the market especially when it comes to looking for a bank partner or scaling up their Bancassurance channels.

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    International, Bancassurance and digital: three sectors where the IEA provides real added value to students by its ability to anticipate trends and meet the expectations of a global market.

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    But China recently allowed banks to buy insurers and vice versa, stimulating the Bancassurance product, and some major global insurers in China have seen the Bancassurance product greatly expand sales to individuals across several product lines.

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    Bancassurance: Bank of Baroda has tie-up arrangement with National Insurance Company(NIC), under which we arrange for issuance of general insurance policies to our clients thereby taking away their worries of timely and adequate insurance cover of the assets.

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    In most countries, Bancassurance has tended to see a gradual evolution in the products offered from protection business closely related to the banks lending activity to general savings business and finally to a wider range of protection products.

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    The company has a diversified distribution network of 184,452 trained insurance professionals and wide presence in 908 offices across the country, comprising of strong Bancassurance channel, agency channel and others comprising of corporate agents, brokers, micro agents, common service centers, insurance marketing forms, web aggregators and direct business.

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