An increasing number of securities firms in China are engaging in the distribution of insurance products. They include CITIC Securities, China Merchants Securities, GF Securities, Galaxy Securities, and Ping An Securities.
The Insurers Federation of Egypt (IFE) says that the insurance industry is witnessing fundamental transformations in its product marketing strategies, driven by technological advancements and changing customer behaviour.
Mobile wallet company Zain Cash has signed a strategic agreement with Solidarity- First Insurance to provide insurance policy issuance services to all Zain Cash users, whether individuals or companies.
Takaful International, the first Islamic insurance company in Bahrain, has formed a partnership with Zain Bahrain, part of Zain Group, a leading telecommunications operator across the Middle East and Africa, which provides mobile voice and data services.
The National Federation of Insurance Agents and Brokers (FNACAM) has signed strategic partnership agreements with two payments companies, CashPlus and Barid Cash.
Private-sector life insurers are preparing to adjust commission structures for distribution channels, following regulations that came into effect on 1 October requiring insurers to offer higher surrender values for endowment policies.
The push for insurance penetration at the gram-panchayat (village) level by the regulatory authorities is a great user-centric move, according to Mr Anup Rau, managing director and CEO, Future Generali India Insurance Company.
The Securities and Exchange Commission of Pakistan (SECP) has issued an exposure draft of regulatory requirements for the sale of life insurance savings products through technology-based distribution channels by life insurers.
Algeria's proposed new insurance law, whose enactment has been delayed, can address several challenges facing the insurance industry, according to Cash Assurances former CEO Mokhtar Naouri.
A new global survey of 1,800 supply-chain leaders has revealed that average response time for supply chains to respond to disruptions is five days, hindering progress on resiliency and risk mitigation.