Amãna Takaful-Com Bank tie-up on Bancassurance

July 14, 2013 (LBT) -Amãna Takaful PLC, a pioneer of Takaful insurance in Sri Lanka recently announced a Bancassurance partnership with Commercial Bank of Ceylon to offer insurance services through the branch network of the bank.

An MoU was signed recently by Chief Executive Officers of the two organizations at the Commercial Bank head office in the presence of senior officials of both organisations.

This strategic partnership with Commercial Bank will enable the Bank’s customers to have direct access to selected Life and General Takaful insurance products offering a one-stop-shop solution. The new move comes in addition to the already existing relationship with Commercial Bank as a payment point for Amãna Takaful policies.

“We are pleased be able to strengthen our partnership through the years with one of the most respected Banks in Sri Lanka. Through this MoU we hope to widen our reach and offer customers greater transactional flexibility and convenience”, said Fazal Ghaffoor, Chief Executive Officer, Amãna Takaful PLC.

The insurance agreement with Commercial Bank will allow customers to have access to Takaful Motor, Takaful My Home, Takaful Fire Cover, Mortgage and Fire protection at Commercial Bank branches.

Managing Director/Chief Executive Officer of Commercial Bank Ravi Dias said “We are pleased to tie up with Amãna Takaful Insurance for Bancassurance services and believe that it will provide more options to our customers when selecting an insurance policy.”

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