Italy’s Assicurazioni Generali has inked a bancassurance deal with the UAE’s National Bank of Ras Al-Khaimah (Rakbank).

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.”