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GLIL, Dutch-Bangla Bank tie up for Bancassurance


Published : 13 Jan 2024 08:48 PM

Guardian Life Insurance Limited and Dutch-Bangla Bank PLC have recently signed a partnership agreement to initiate Bancassurance operations.

The signing ceremony was held recently at Guardian Life Insurance Limited's Head Office at Gulshan. Dutch-Bangla Bank PLC will offer Guardian Life's insurance policy to its customers under recently issued Bancassurance Guidelines by Bangladesh Bank and IDRA, subject to get approval and license as a corporate agent.

This collaboration will open a broadened scope for customers to engage with innovative insurance solutions of Guardian Life Insurance Limited.

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In the presence of Abul Kashem Md. Shirin, Managing Director and CEO of Dutch Bangla Bank PLC and Sheikh Rakibul Karim, FCA, Chief Executive Officer of Guardian Life Insurance Limited;

Ahmed Istiaque Mahmud, Head of Bancassurance, Guardian Life Insurance Limited, and Md. Mosharraf Hossain, Head of Branch Operation and Liability Division, Dutch-Bangla Bank PLC have signed the agreement on behalf of their respective organisations.