China CITIC Bank International Limited (CNCBI) and FWD Hong Kong (FWD) have established a bancassurance partnership in Macao.
The agreement provides a suite of insurance products and services to the bank’s customers.
The partnership marks the first bancassurance collaboration between CNCBI and FWD in Macao.
Ken Lau, managing director for greater China and Hong Kong chief executive at FWD, said: “We are delighted to be CNCBI’s bancassurance partner and support the bank’s efforts in bolstering its insurance distribution capabilities in Macao.
“Changing the way people feel about insurance remains the vision that guides our work. With this partnership, we will bring our innovative and digitally-enabled products combined with seamless customer experience to CNCBI customers, as well as visitors to Macao, to help them meet their diverse wealth management and legacy planning needs.”
