Allianz Group Communications
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Allianz, the global financial services provider, and Maybank today announced their 10-year bancassurance agreement in Indonesia with the launch of three new life insurance products exclusively for Maybank customers.
By combining Maybank’s strong distribution network and customers in Indonesia with Allianz’s globally trusted insurance expertise and best-in-class products, the partnership will deliver comprehensive life and health insurance solutions to more than 4 million Maybank customers.
“This partnership demonstrates Allianz’s continued focus on growing in the Asia region, of which Indonesia is a key priority. We’re excited to bring our multi-channel approach, innovative products and digital expertise to serve the protection needs of all Maybank customers,” said George Sartorel, Regional CEO, Asia Pacific, Allianz.
As part of the partnership launch, Allianz and Maybank have jointly developed three life insurance products, following a thorough analysis on the needs of Maybank customers. These products aim to provide clear protection benefits and the opportunity for customers to capture investment growth. The initial set of products immediately available are:
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