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MCB, Adamjee Life ink accord

Staff Report

KARACHI: MCB Bank Limited joined hands with Adamjee Life to offer Bancassurance products to MCB customers.

Through this newly formed alliance, MCB will act as a distributor of Adamjee Life products to its customers, President MCB, Atif Bajwa said.

He said in turn MCB's association with Adamjee Life would facilitate the bank to meet such customer requirements.

Chief Executive Officer Adamjee Life, Frederick Coenrard De Beer said, "We strongly feel this will play a fundamental role in setting the direction for Bancassurance products in Pakistan and improving overall low life assurance penetration."

With our technical partner, Hollard South Africa, we look forward to developing competitive products for our customers, he added.

"I am confident with the combined strengths of both organisations, we will be able to develop and distribute more needs based, innovative and 'best in class' bancassurance solutions in a cost effective way for our customers", he added.

MCB Bancassurance product menu offers a wide range of products to choose from depending upon their need.

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