Bancassurance Consultants Worldwide Ltd.
Bancassurance Consultants Worldwide Limited (UK)
Bancassurance Consultants Worldwide Limited (BCWL) supports Banks and Insurance Companies in their pursuit for excellence. We support our clients at every stage of their business cycle and hand hold them till the very end to ensure that efforts and resources invested actually fructifies.
We provide open architecture product development platform. You decide which product or combination of products fits into the requirements of a particular seg-ment of your client base. If you are not sure, talk to us. We have specialists who have been bankers themselves and would be happy to assist you.
Bancassurance Consultants Worldwide Limited (BCWL) is a management consulting firm and has been in business since 2003. Headquartered in London, BCWL consults banks and insurance companies and helps them increase their revenue out of insurance business. BCWL provides bespoke solutions and tailors it to the requirement of the customers, be it product development, regulatory or training. Our solutions are available for:
Banks, Building Societies and Other Financial Institutions
- Market Survey and Analysis including Feasibility analysis and Gap analysis for the banks who are already into bancassurance
- Assistance in setting up a bancassurance division within the bank if already not doing
- Setting up of Insurance Company (subsidiary) on a turn-key basis and arranging partners or investors if required
- Writing policies & procedures for the bancassurance division including working out the process flow
- Training on Insurance and bancassurance
- Product development and integration with banking products to increase sales of core banking products like credit cards, personal loans, consumer loans, mortgage loans, etc.
- Robust IT solution and software development to match the pace of increasing number of bancassurance products being launched
- Assistance and advise on selecting a suitable partner to start bancassurance
- Advise on suitable bancassurance strategy in tune with market and times
- Help in preparing Agreement with bancassurance partners
Life Insurance Companies
- Product Development specific to bancassurance including assistance on finding reinsurance support
- Help develop structured investment products
- Help enter new lines of insurance business, e.g. Personal Accident, Whole Life, Annuity, Mortgage Life, Medical & Health, etc.
- Training on bancassurance
- Guidance on preparing Bancassurance Agreements
- Assistance in selecting a suitable bancassurance partner
General Insurance Companies
- Help develop products for various segments of bank, e.g. Credit Cards, Personal Loans, Trade Finance, Corporate Banking, Investment, Mortgage Loans, etc.
- Assistance on finding reinsurance support for the bancassurance products
- Training on bancassurance
- Guidance on preparing Bancassurance Agreements
- assistance in selecting a suitable bancassurance partner
Bancassurance News
| Sun Life Grepalife eyes P1B in new premiums - Philippine Star Online SLGFI is a joint venture bancassurance company between Sun Life Financial and the Yuchengco Group of Companies. In October last year, Sun Life Financial acquired 49 percent of Grepalife Financial, the life insurance company of the Yuchengco Group. Non-Life Bancassurance in Europe: Accident and Health Insurance - Yahoo Finance NEW YORK, Jan. 23, 2012 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue: http://www.reportlinker.com/p0170822/Non-Life-Bancassurance-in-Europe-Accident-and-Health-Insurance.html#utm ... SLIC selects UBL to sell Bancassurance - Daily Times KARACHI: The United Bank Limited (UBL) became the first bank in Pakistan to be signed up by State Life Insurance Corporation (SLIC) to sell its insurance products under Bancassurance. It got this opportunity due to its recent success in selling various ... OAB launches three insurance programmes for Al Musaned - Zawya.com "This Bancassurance tie-up between Oman Arab Bank Oman Arab Bank and National Life and General Insurance was entered to achieve the shared objective of serving the clients with customised value added products that aim at meeting specific demands. Muang Thai Life targets 20% growth - Nation - Thailand Focusing on sales of new business via agent and direct marketing surged 42 per cent each, bancassurance increased 21 per cent and group insurance rose 12 per cent. The business channel, including bancassurance, is the major revenue generator accounting for ... Muang Thai Life set to outpace industry - Bangkok Post Muang Thai Life's successful operating results last year, in addition to its efforts to streamline key distribution channels, bancassurance and sale agents, will be key to achieving this year's goal. Last year the company collected premiums from new ... Thai Life aims at 40% premium growth - Bangkok Post That channel last year posted 22% growth, outpacing an industry that expanded by 17%. Selling insurance through bancassurance, telesales and other forms of direct marketing will accelerate, Mr Chai told a meeting held to celebrate the company's 70th ... Hungary Insurance Report Q1 2012 - new market research report - Transworld News In essence, past deal-making - usually the result of strategic plans to build insurance (or bancassurance) businesses across Central and Eastern Europe - has resulted in literally dozens of players in what is a small market. Worse, by many metrics (such as ... Silkbank, AsiaCare sign accord - Daily Times KARACHI: Silkbank Limited and AsiaCare Health and Life Insurance signed a Bancassurance Distribution Agreement. According to the agreement, Silkbank will offer AsiaCare Bancassurance products to its existing and potential customers through its wide ... Insurance premiums to hit Dh22b - Zawya.com Today, medical insurance and Bank Insurance Model, known as Bancassurance are growing, he said, adding: "We are pioneering in Bancassurance and providing it to nine banks. Even conventional banks are using our Shariah-compliant services. It contributes ... |