Bring insurance into the business conversation
Bancassurance brings insurance distribution into a banking or financial-services relationship. For ECB group enquiries, the relevant team first identifies your business needs and confirms which authorised entity and insurer, if any, can consider the proposed cover. The insurer, insured risks and policy terms are confirmed separately.
How we can help
- Credit and loan protection enquiries for eligible facilities
- Business asset, property and liability insurance discussions
- Marine cargo and trade-related insurance enquiries
- Corporate protection and other business cover, where available
Know who provides the cover
Any policy is issued by the identified insurer. Premiums, exclusions, deductibles, benefits and claims responsibilities are set out in that insurer’s documentation. An ECB enquiry does not itself bind insurance cover.
Review before you proceed
Ask for the policy wording, product information, relevant intermediary role and applicable fees or remuneration disclosures. Confirm suitability for your business and follow the insurer’s notification and claims requirements.
Prepare for your conversation
The information needed will depend on the transaction. A useful starting point includes:
- Company profile and ownership information
- Description of the business, assets or financing to be protected
- Requested insured amounts, currencies and coverage period
- Existing insurance, relevant claims history and supporting records