KARACHI: State Life Insurance Corporation of Pakistan (SLIC) has joined hands with Silkbank after signing a bancassurance distribution agreement.
Under this Agreement, SLIC bancassurance products will be offered by Silkbank to existing and potential customers through the Bank’s widespread distribution channels. Offering bancassurance products in line with SLIC’s commitment to continuous improvement and product innovation, it also aligns with Silkbank’s strategic intent to be “a high performance bank admired for innovation, customer service and inspired employees”.
The agreement was signed by SLIC Bancassurance General Manager Gian Chand Kewalramani, Head of Wealth Management and Cross Cell Silkbank Asif Azeem, and GBA Services (Pvt.) Limited CEO Mohammad NaseemRawther.
This alliance between SLIC and Silkbank provides customers with protection that ensures their financial security. With Silkbank as its new bancassurance partner, State Life Insurance Corporation looks forward to a significant expansion of its business which will benefit from a wider, strategically-located distribution network across the country.