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Alternative Distribution tag returned 85 results

  • ReMark International appoints new CEO

    ReMark International, the firm dealing with alternative and direct distribution of insurance products, has announced the appointment of Ms Na Jia as Chief Executive Officer, effective 28 July.

    People | 21 Jul 2017
  • Singapore: Sony Life to set up agencies in shopping centres

    Sony Life Insurance plans to open agencies in shopping centres in Singapore where people can shop for policies from multiple insurers.

    Asia | 30 Jun 2017
  • South Korea: TV shopping rules help curb insurance mis-selling

    New regulations targeting insurance packages sold on TV shopping channels have seen fewer customers misled by false advertising.

    Asia | 27 Jun 2017
  • China: First online-only life insurer starts business

    China's first online-only life insurer, Hetai, has started operations.

    Asia | 26 May 2017
  • India: DBS is first bank to adopt open bancassurance model

    DBS Bank India (DBS India) has adopted a unique open architecture model on a single platform in the life insurance segment by expanding its strategic partnerships with two new partners in Tata AIA Life and Birla Sun Life, in addition to Aviva India Life.

    Asia | 23 May 2017
  • China: Regulator cracks down on mis-selling and fraudulent sales

    The Chinese insurance regulator has said that it is strengthening its supervision of the sales management of life insurance companies, as it continues to tighten its oversight of the insurance industry.

    Asia | 22 May 2017
  • UAE: Central Bank may stop bancassurance products sales on mis-selling complaints

    The UAE Central Bank will deny requests from banks and financial institutions to market or sell "savings and investment and non-capital guaranteed/protected takaful/insurance products" if mis-selling complaints are not settled "amicably", according to a Central Bank circular.

    Middle East | 21 May 2017
  • Indonesia: Bancassurance potential remains great - Regulator

    Bancassurance is currently the largest life insurance distribution channel in Indonesia, having contributed to 51% of premiums in 2016. Although the channel's share in general insurance premiums is significantly lower at 3.57%, bancassurance still holds great potential, said Mr Edy Setiadi, Deputy Commissioner of Non-Bank Financial Institutions, Indonesia Financial Services Authority (OJK).

    Asia | 17 May 2017
  • Asia: Bancassurance must achieve "win-win-win-win" for success and sustainability

    For bancassurance to be both successful and sustainable in the future, the industry must be able to achieve a "win-win-win-win" proposition: not just a lucrative partnership between banks and insurers, but a beneficial relationship that includes customers and countries as well, said Mr Marcelo Teixeira, Global Head of Bancassurance and Head of Strategic Development Emerging Markets at QBE. He was speaking at the 18th Asia Conference on Bancassurance & Alternative Distribution Channels in Jakarta, Indonesia yesterday.

    Asia | 16 May 2017
  • India: New rules expand business scope of insurance web aggregators

    New web aggregator rules gazetted by the IRDAI now allow all kinds of insurance products to be sold on the aggregators' portals, as well as make doing business on the platforms easier in several other respects.

    Asia | 12 May 2017


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