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Zurich in UAE bancassurance deal with CBI

By International Adviser, 18 Feb 14

Commercial Bank International has signed an agreement with Zurich International Life to market Zurich’s range of life insurance products in the United Arab Emirates.

Commercial Bank International has signed an agreement with Zurich International Life to market Zurich’s range of life insurance products in the United Arab Emirates.

CBI will offer Zurich’s range of protection, investment and savings plan products through its direct sales team to retail investors.

The products included in the deal are Futura, Vista, International Term Assurance and Global Choice.

David Power, head of retail banking at CBI said: “We are very pleased to partner with Zurich International Life and offer their comprehensive range of products to our customers.

“Known to offer flexibility, financial advantage and competitiveness in terms of fees and fund selection, this association will further reinforce the Bank’s strategy to offer products that are easy to understand and yet still add considerable value to our customers.”

Shabnam Ansari, who was appointed head of local bank distribution at Zurich in December last year, said its products “will surely add value to CBI’s retail customers by catering to their financial protection needs”.
 

Tags: Dubai | Zurich

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.