Business Report :
United Commercial Bank PlC (UCB) has signed a strategic deal with the Jiban Bima Corporation (JBC).
This bancassurance agreement heralds a new era of convenience and reliability for customers nationwide.
Under the deal, UCB assumes the role of an authorized agent for Jiban Bima Corporation, empowered to market and distribute a comprehensive array of insurance products.
This means that patrons can now seamlessly avail themselves of top-tier insurance services at any UCB branch, transcending geographical boundaries with unparalleled ease.
The agreement was signed at the Radisson Hotel in the capital on Friday while UCB’s Additional Managing Director and Company Secretary ATM Tahmiduzzaman, and JBC’s Managing Director (Additional Secretary), Md Muhibuzzaman, signed the agreement, underscoring their commitment to revolutionize the insurance landscape.
Managing Director (Additional Secretary) of Life Insurance Corporation Md. Muhibuzzaman said, this momentous collaboration signifies more than just a business partnership; it represents a beacon of hope for countless individuals, promising a future where insurance services are not just accessible but seamlessly integrated into their everyday lives.
Arif Quadri, the Managing Director and Chief Executive Officer of UCB, expressed his gratitude to Jiban Bima Corporation for entrusting UCB with this transformative partnership.
He emphasized UCB’s unwavering commitment to customer-centric innovation, highlighting how this synergy will empower patrons with unparalleled access to life-enhancing insurance solutions.
With senior officials from both institutions standing as testament to their unwavering dedication, the stage is set for a new chapter in the annals of insurance excellence.