Midland Bank, Sandhani Life mark banc assurance partnership
Midland Bank PLC and Sandhani Life Insurance Company Limited jointly held a formal ceremony on Wednesday, to mark their banc assurance partnership, reflecting a collaborative effort to expand financial and insurance service access for customers.
Banc assurance represents a growing area of cooperation between the banking and insurance sectors, allowing integrated financial solutions to be offered through a single platform.
The partnership between Midland Bank PLC and Sandhani Life Insurance Company Limited reflects a shared commitment to innovation, customer convenience and service excellence.
Under the collaboration, Midland Bank has started facilitating the distribution of life insurance products of Sandhani Life Insurance Company Limited through its branch network.
As a result, customers of Midland Bank will be able to access a range of life insurance services through the bank’s branches.
The ceremony was attended by Managing Director and CEO of Midland Bank PLC Imtiaz U Ahmed and Chief Executive Officer of Sandhani Life Insurance Company Limited Nemai Kumar Saha. Their current titles are also reflected in recent public references.
Senior officials from Midland Bank PLC present at the programmer included Deputy Managing Director and Chief Risk Officer MdZahidHossain, Deputy Managing Director and Chief Technology Officer Nazmul Huda Sarkar, Head of Digital Financial Services Omar Sharif, and Manager of the Project, Process, Product Development and Banc assurance Department Khondoker Imran Hossain.
Representing Sandhani Life Insurance Company Limited was Acting Chief Financial Officer MdMahbuburRahman and Head of Banc assurance Abdullah Al Mamun, among others.
The partnership underscores the continued commitment of both institutions to delivering diversified financial solutions and strengthening customer value through strategic collaboration.
