Up Close with Jens Reisch, Chief Executive Officer, Allianz Malaysia

Kuala Lumpur, 9th July 2014 - As bancassurance began to penetrate the Asian market, Reisch states "Many a times, we hear about reasons such as “insurance product are too complicated” and “sales processes being too complicated or lengthy”. The key value and success driver for bancassurance is to provide attractive and tailored products in an easy way to customers of banks. It is also important for banks to complement their wealth management strategy and offerings to their customers. It allows them to enhance their overall value proposition as a financial institution while exlusively targeting the market.".

As Bancassurance started off in Europe and has slowly led to a diagonal change where the success now is more forseen the Asian region, Reisch said "It is here to stay and further grow. Over the years regulators have recognised this and have created own regulations in many countries. It is of most importance to give choices to consumers,not only concerning products, but also where and from whom they want to buy. As for Malaysia I wish to see bancassurance puts a stronger focus on regular premiums and also on protection and retirement needs, while transformation will take place with greater digitization".

At the 3rd Annual APAC Bancassurance Forum, Jens Reisch will be joined by CEOs, Vice Presidents and Heads of Bancassurance from AIA Singapore, Etiqa, Malaysia, Hong Leong Assurance, Malaysia, Bank Muamalat, Malaysia, Bajaj Allianz Life Insurance, India, United Overseas Bank, Singapore, AXA Asia, Hong Kong and many more. Key topics to be addressed will include Financial Products Distribution, Exclusive Bancassurance Partnerships, Emerging Market for Bancassurance, Customer Segmentation, Product Development in different environment , Creating a sustainable Bancassurance environment, Achieving Sustainable Growth through Bancatakaful and the critical success factors of Bancatakaful business in Malaysia, etc.

This conference is supported by International Insurance Society, Malaysian Takaful Association, and Asian Bankers Association and is organized by Fleming Gulf Conferences. Hitts Technologies and FWU Group are the sponsors for the event. Leading member banks like RHB Bank and Bank Simpanan Nasional,Malaysia , and insurance companies like AIA, Malaysia, Takaful Malaysia, Tokio Marine ,Malaysia will also be participating at the event.

About Jacob Fleming Asia:
Founded in 2005, Fleming Gulf is young, dynamic and has fast become one of the leading providers of business intelligence through industry specific conferences, webinars and skills enhancement training courses. Our goal is to link professionals and provide them with commercial acumen, business investment contacts and a world of opportunities. Our reach is global-spanning serving organisations in the Middle East, Asia, Africa, Europe, and as far as Latin America.

Fleming Gulf delivers the most comprehensive business events by leveraging our network of industry influencers with specialist knowledge to provide organisations the winning edge that makes a difference in their decision making in today's competitive business landscape.Through our live and on-demand webinars, class-sized intensive certification courses, highly focused niche conferences and large scale summits, Fleming Gulf has brought together nearly 100,000 professionals representing industries including Security & Defence, Finance, Human Resources, Health, Safety & Environment, Life Sciences, Mining, Oil & Gas, Telecom & IT, Transport, Utilities and Supply Chain & Logistics.

We are committed to provide our partners - speakers, delegates, exhibitors, sponsors and supporters - a unique learning experience where they can find stimulating topics, engaging conversations and meet the biggest names within their field.

Issued by : Jacob Fleming Asia
Address: Suite 3B-6-7,Block 3B Plaza Sentral
Jalan Stesen Sentral 5
50470 Kuala Lumpur
MALAYSIA
Media Inquiries : Emerson Dinesh
Email : emerson.dinesh@fleminggulf.com
Tel : +603 2027 4767/ +6014 925 3817
Fax :+603 2272 5350

This release was published on openPR.