Bancassurance in the GCC: The Need for Change

With its growing trend in the GCC, Michael Kortbawi and Nadim Bardawil of Bin Shabib & Associates (BSA) LLP define Bancassurance and propose amendments that can revolutionize the insurance industry. Bancassurance allows banks to sell insurance policies of insurers they have partnered with and is one of the many means of alternative distribution methods adopted by GCC insurance companies. Although...
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