PHNOM PENH: Wing Bank entered into a bancassurance partnership with Infinity General Insurance Plc, which aims to distribute various general insurance products through the established distribution network of Wing Bank.
This partnership between Wing Bank and Infinity will allow Wing customers to benefit from numerous bancassurance services, such as receiving risk analysis, expert insurance advice, financial planning assistance, and easy purchasing options.
The MoU signing ceremony took place on May 25, 2023, and was attended by Mr. Han Peng Kwang, CEO of Wing Bank, Mr. Tek Sutiang, CEO of Infinity General Insurance, and many other distinguished guests.
Bancassurance is a relationship between a bank and an insurance company that is aimed at offering insurance products or insurance benefits to the bank’s customers. In this partnership, bank staff and tellers become the point of sale and point of contact for the customer.