Cross Sell to SMEs
Corporations typically require insurance such as fire, marine and cargo, health and medical insurance to manage the risk of running their businesses. Our credit and trade finance businesses provide a nature cross-sell opportunity for our Bancassurance business. Bancassurance entails a partnership between the Bank and an Insurance company. The Bank acts as an agent/broker for RM Insurance (Homeplan, Businessplan and Motorplan) and Moonlight/Mashfords Funeral Assurance (funeral policies) who act as underwriters for both business and employees.