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Bancassurance

Bancassurance

This term is a combination of Banking and Insurance. In this, the insurance company products are sold through an exclusive tie-up with the banking as a channel partner through their branch network. This helps insurance companies in getting wider coverage with the help of Banks branch networks. At the same time apart from revenue sharing it also helps the bank to provide some exclusive offers to its customers.

We, at Tibrewal, have a tie-up with a few insurance companies wherein we help them in sourcing customers within their banking channel by deploying the on-ground staff in these locations. These staff members assist in filing the forms and completing the documentation thereby ensuring no errors and prompt delivery of the policy to customers.

We also assist in setting up the sourcing desk, and distribution of advertisement materials near the bank branches for wider coverage of insurance products. We ensure to provide a hassle-free experience to banks, Insurance Companies, and end customers.