Italy’s Assicurazioni Generali has inked a bancassurance deal with the UAE’s National Bank of Ras Al-Khaimah (Rakbank).
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The agreement will allow Rakbank to sell Generali’s unitlinked Vision and Choice products to investors in UAE, reports International Adviser.
Assicurazioni Generali director of intermediary sales Derek Gemmell said: “This agreement provides us with an effective way to expand our business model and promote our products, and Rakbank brings with it a wealth of expertise of the local market and a highly reputable brand in the region.
“We look forward to a successful partnership, which will bring benefits to our respective companies.”
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