Bancassurance
The feasibility, sustainability and competitiveness of Standard Bank Clients depends on the superior banking system and an insurance service incorporated in the company´s philosophy, as an instrument for adequate strategy planning and decision making.
Bancassurance is the selling of insurance and banking products through the same channel, most commonly through bank branches selling insurance.
Standard Bank Bancassurance are wholly owned of the Standard Bank Group. Together they provide a comprehensive range of insurance products and services.
Together they provide a comprehensive range of insurance products and services. utilises the services of the underwriters Hollard Seguros Mocambique, and will get you a range of quotes to ensure that you get the best product to suit all your insurance needs.
Advantages of Bancassurance
The constant development of modern techniques and the demand for new initiatives leading to healthy companies require sizeable investments and make protection against the accumulated insurable risks faced by companies ever more important.
Insurance thus plays a role in stimulating access to bank facilities by:
- supporting economic activity in general;
- remedying financial disasters;
- providing financial stability;
- stimulating economic progress;
- supporting the banking industry
“One Stop Shop”
The biggest advantage of the “One Stop Shop” approach is to maintain strictly confidential the financial information and affairs of companies that lead to their business health, enabling companies that adopt this policy to leverage on competition in the current environment of globalisation.
The “Bancassurance” and “One Stop Shop” concepts significantly facilitate not only the strict management of data on the company’s financial health provided to various suppliers, but also the control of human error.
