Bancassurance, the convergence of banking and insurance services, has emerged as a powerful strategy for financial institutions to diversify their product offerings and enhance customer relationships. This course provides a comprehensive understanding of the bancassurance model, exploring its intricacies, products, financial synergies, and risk management implications. Through a blend of theoretical frameworks and practical applications, participants will gain insights into the unique dynamics of bancassurance, enabling them to leverage this hybrid approach to drive business growth and mitigate risks effectively.
Provide a clear overview of bancassurance
Compare between banking and insurance: differences and similarities.
List bancassurance products
Apply different financial synergies
Evaluate risk effects of bank diversification into bancassurance.
Identify the theory of conglomerate diversification.
Bankers interested in expanding their product portfolio and revenue streams.=Insurance professionals seeking to collaborate with banks and tap into new distribution channels.=Risk managers aiming to assess and mitigate the inherent risks associated with bancassurance.=Financial advisors looking to broaden their knowledge base and better serve clients with integrated banking and insurance solutions.=Regulators and policymakers involved in shaping the regulatory framework for bancassurance operations.
