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Allianz Indonesia announces partnership with Bank QNB Indonesia

18 March 2020 10:29

JAKARTA - PT Asuransi Allianz Life Indonesia (Allianz Life Indonesia) and PT Bank QNB Indonesia Tbk (Bank QNB Indonesia) announced the inauguration of strategic cooperation to provide insurance protection solutions through bancassurance distribution channels. Allianz Life Indonesia will be a provider of life insurance products and services for Bank QNB Indonesia's customers for the next 10 years.

Effective on February 24, 2020, Bank QNB Indonesia began distributing unit link life insurance products provided by Allianz Life Indonesia. Therefore, individual customers can access insurance protection from Allianz Life Indonesia in 19 branches of Bank QNB Indonesia spread throughout Indonesia.

"Together with our business partners, Allianz Life Indonesia continues to strive to meet the needs of various customer segments. The partnership we built with Bank QNB Indonesia will unite the two strengths of our brand. This collaboration brings together the same aspirations, namely to provide a variety of insurance protection solutions to more Indonesian people, especially for QNB Indonesia Bank customers," said Joos Louwerier, Country Manager & President Director of Allianz Life Indonesia.

The commitment of Allianz Life Indonesia and Bank QNB Indonesia in this strategic partnership was marked by the launch of two unit link life insurance protection products, First InvestShield and First LifeShield. These two products will provide complete protection benefits and opportunities for Bank QNB Indonesia customers to obtain attractive investment growth. (LM)

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