In agreement: (from left) Zurich General Takaful Malaysia CEO Zuhairi Ismail, Fike, Kornreich and Alliance Islamic Bank CEO Rizal IL-Ehzan at the signing of the 15-year exclusive bancassurance and bancatakaful agreements.
KUALA LUMPUR: Alliance Bank and its unit, Alliance Islamic Bank, have tied up exclusively with insurance company Zurich Malaysia for 15 years to offer general insurance and takaful products, with an aim to achieve revenue of up to RM200mil over the tenure.
Alliance Bank group chief executive officer Joel Kornreich said the partnership would strengthen the bank’s capability to provide a comprehensive suite of protection solutions targeting individuals and small and medium enterprises (SMEs).
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