Phnom Penh, Dec 30 2020.Bank Of China (Hong Kong) Limited Phnom Penh Branch officially signed the Bancassurance Agreement with Forte Insurance (Cambodia) Plc. The agreement signifies the beginning of a long term collaboration between the two financial institutions and to establish a sustainable framework in provision of General Insurance solutions to BOC customers.
This Bancassurance partnership is a privilege for Bank Of China (Hong Kong) Limited Phnom Penh Branch to work closely with Forte Insurance (Cambodia) Plc., a leading insurance company in Cambodia, as the referral agent to provide a range of general insurance products and services to our customers throughout our entire branch network. With this partnership, we would be able to deepen the relationship with our customers across segments by providing them with the much needed protection in daily living and business environment. To start with, we are going to offer fire insurance solution to our customers who are concerned with fire hazard or other damages caused to their homes and to ensure their homes are back to normal as soon as possible. This solution will undoubtedly help bring protection and peace of mind to our customers alongside the purchase of home property.
Beside domestic property, business institutions can also safeguard their offices or factories against damages by fire and other perils to ensure that when the loss happens, they will be compensated. By working seamlessly together, this partnership will maximize opportunity riding on the growth of personal and corporate banking proposition and will become a milestone which facilitates Forte's vision of delivering international insurance solutions to all customers.
For more information on this Bancassurance Agreement