Allianz Insurance and UBA Ghana forge bancassurance partnership

Allianz Insurance, a subsidiary of global insurance giant, Allianz Group has announced a partnership with UBA Ghana to drive an innovative bancassurance strategy.

 

Through the partnership, over 20 branches of UBA spread across the country will offer customers personal insurance products, which include Motor Insurance, Home Insurance and Travel Insurance along other financial services in a convenient manner.

Speaking at the media launch in Accra, the Chief Executive Officer at Allianz Insurance, Darlington Munhuwani, said: “We are pleased to partner with UBA Ghana and confident that this partnership will give the bank’s customers access to a wide choice of specially designed products and services. This will empower them to focus on their daily activities and businesses knowing they have protection against any insured loss.”

He revealed that Allianz will continue to explore opportunities to partner with carefully selected local and international organizations to ‘secure the future’ of its customers and improve the distribution of insurance and risk management services in Ghana.

Commenting on the partnership, Olalekan Balogun, Managing Director and Chief Executive Officer of UBA Ghana said: “This is a step in the right direction and UBA Ghana is excited to be partnering with Allianz Insurance to offer more value to our customers. As a customer-centric bank, we are focused on delivering superior banking products and services to our customers and this partnership is evidence that we do more than banking.”

“UBA Ghana is driving innovation in retail banking and this partnership will allow the bank to provide our diverse base of customers with the necessary benefit of insurance cover across the bank’s wide range of products incorporating technological innovations that are in line with the bank’s digital transformation agenda in order to provide added value and convenience to our customers,” he said.

Mr. Balogun added that the insurance product is made available to all customers, particularly, home owners, car owners and the Small and Medium Enterprises, and our expatriates due to the kind of operations they are involved in.

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Media Contact:

Michael Sarpong Bruce

Head of Marketing and Communications

Phone: 0556541710 Email: Michael.Bruce@allianz.com

 

About Allianz Insurance:

In Ghana, Allianz Insurance has operated since 2009, securing the future of both individual and corporate customers. The distribution of products and services is enabled through the Allianz Business Systems, partnerships with financial institutions, brokers and an agency network covering the entire country.

Allianz provides a wide range of products and services, from Motor, Home, Marine, Assets to Cyber Crime insurance. Each product is designed to meet the specific needs of our customers.

Allianz is recognized in the insurance industry for our prudent underwriting practices, customer focused and our unique claims advocacy services.

The Allianz Group, is the number one insurance brand in the world operating in more than 70 countries. In Africa, Allianz is present in 12 countries and accompanies clients in 49 markets with 2,908 employees. Visit www.allianz-gh.com for further information.

About UBA Ghana

UBA Ghana is a subsidiary of United Bank for Africa Plc, a leading Pan-African financial institution, offering banking services to more than twenty million customers, across over 1,000 business offices and customer touch points, in 20 African countries.

With presence in the United States of America, the United Kingdom and France, UBA is connecting people and businesses across Africa through Retail; Commercial and Corporate banking; innovative cross-border payments and remittances; trade finance and ancillary banking services. Visit www.ubaghana.com for further information.

Media Contact:

Henry Dottey

Head of Marketing and Corporate Communications

Phone: 0596911712 Email: henry.dottey@ubagroup.com