Way forward… There will inevitably be many failures in the bancassurance relationships in this market. Such failures would potentially cause a lot of troubles and volatility in terms of Banca productivities for different insurers. While insurers do have a problem in productivity, the bigger problem would be for bankers to…
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Bancassurance: Making the growth sustainable- Part 3
March 14, 2022 2:04 pm
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Bancassurance: Making the Growth Sustainable- Part 2
March 14, 2022 2:00 amCurrent challenges 1) Although the bancassurance concept is extremely appealing to insurers, banks failed to do the proper due diligence before selecting the bancassurance business partner. Bancassurance arrangements could be fitted into the definition of M&A transactions where cultures of two companies meet at the bank’s teller counter. It can…
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Bancassurance: Making the Growth Sustainable- Part 1
February 6, 2022 9:49 amThis article talks about the potential of the bancassurance business in Vietnam as it has become a scorching topic for the last few years and continues to dominate the headlines of insurance industry news at the moment. We all have seen numerous bancassurance agreements between banks and insurance, especially the…
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