Corporate corner: SLIC and Silkbank sign agreement
This alliance between SLIC and Silkbank provides customers with protection that ensures their financial security
State Life Insurance Corporation of Pakistan (SLIC) and Silkbank have signed a Bancassurance Distribution Agreement. Under this agreement, SLIC Bancassurance products will be offered by Silkbank to existing and potential customers through the bank’s widespread distribution channels. Offering Bancassurance products in line with SLIC’s commitment to continuous improvement and product innovation, it also aligns with Silkbank’s strategic intent to be “a high performance Bank admired for Innovation, Customer Service and Inspired Employees”. The agreement was signed by Gian Chand Kewalramani, General Manager Bancassurance SLIC, Asif Azeem, Head of Bancassurance Silkbank, and Mohammad Naseem Rawther, COO GBA Services (Pvt) Limited. This alliance between SLIC and Silkbank provides customers with protection that ensures their financial security. With Silkbank as its new Bancassurance partner, State Life Insurance Corporation looks forward to a significant expansion of its business which will benefit from a wider, strategically-located distribution network across the country.
Published in The Express Tribune, February 4th, 2016.
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