Global Bancassurance Market 2015-2019

  • Published on
    13-Aug-2015

  • View
    55

  • Download
    0

Embed Size (px)

Transcript

<ol><li> 1. Global Bancassurance Market 2015-2019 www.technavio.com enquiry@technavio.com </li><li> 2. USA CANADA UK CHINA INDIA Global Bancassurance Market 2015-2019 The report discusses the following in-depth: Market Size and Forecast Market Segmentation Buying Criteria Vendor Landscape Business Segmentation Geographical Segmentation For more information on the Global Bancassurance Market 2015-2019, please mail us at enquiry@technavio.com </li><li> 3. USA CANADA UK CHINA INDIA Key Trends Technavios Senior Analyst says, Vendors are enhancing their product portfolio to increase profitability. As insurance is an integral part of financial planning, banks have widened their product offers and are cross-selling insurance products. This is widely accepted by customers as it allows them to manage their finance-related products and services through one channel. Bancassurance, or bank insurance model (BIM), refers to an arrangement wherein insurance products are sold through banking channels via tie-ups. This is the result of the amalgamation of a bank and an insurance company aiming to reach out to a wider customer base. The concept originated in Europe in the 1980s and has now become popular the world over. Technavio's analysts forecast the global bancassurance market to grow at a CAGR of 6.16% over the period 2014-2019. </li><li> 4. Understanding the key drivers influencing the market Understanding the challenges faced by the market Activities of various stakeholders involved Key focus areas for the vendors Major trends that will shape the future of this market Vendor landscape and trajectory of the market Conclusion Scope of The Report A detailed analysis of each market driver, challenge and trend is available in our report: Global Bancassurance Market 2015-2019 USA CANADA UK CHINA INDIA </li><li> 5. USA CANADA UK CHINA INDIA Vendors To understand the vendor landscape and for a full list of vendors view our report: Global Bancassurance Market 2015-2019 American Express BNP Paribas Citigroup American Express was incorporated in 1965 and is headquartered in New York, US. The company, along with its subsidiaries, provides solutions such as expense management products and services, travel-related services, store value/prepaid products, network services, marketing and information products, and fee services, including fraud prevention services and loyalty and design programs. BNP Paribas was formed in 2000 as a result of the merger between BNP (founded in 1848) and Paribas (founded in 1872). It is headquartered in Paris, France. Citigroup was established in 1812 and is headquartered in New York, US. The company offers a wide range of financial products and services, including consumer banking and credit, corporate and investment banking, security brokerage, transaction services, and wealth management services to consumers, commercial entities, governments, and institutions. </li><li> 6. USA CANADA UK CHINA INDIA Market Landscape Bancassurance is a significant channel for the sale and distribution of insurance products. It is beneficial for both banks and insurers alike because the fundamental legal and commercial issues that occur in transactions do not change with jurisdiction. In developed countries, insurance companies leverage the brand image and reach of banks to cross-sell insurance products and expand their customer base. However, in developing countries, insurance companies depend on the banking infrastructure to reach the rural population. The benefits of the bancassurance model for each actor are mentioned below, which are also the primary drivers of its adoption. </li><li> 7. USA CANADA UK CHINA INDIA Key Market Highlights Guest Bloggers Authenticity Delivery Price Service Support The expansion of foreign insurers in emerging markets is showing positive signs of growth. Foreign insurers are increasingly collaborating with domestic banks to exploit significant opportunities associated with the bancassurance system. With changes in legislation and the economic environment in developing countries, the market has evolved to become dynamic and highly attractive to banks and insurance companies, which is in turn supporting its growth. </li><li> 8. Growth Forecasts? Market Analysis? Revenue Forecasts? Regional and Country level Analysis? Competitive Structure? Emerging Trends? Vendor Landscape? Other? What Would You Like to Learn From Technavio? Global Bancassurance Market 2015-2019 Let us identify your needs. We would love to hear more! </li><li> 9. USA CANADA UK CHINA INDIA Our Report Covers: Market Scenarios, Vendor landscape &amp; Industry Road Maps. You have the Option to Customize Reports &amp; Access Analysts on every Report Purchase. Purchasing this report? For media enquiries, please drop us a mail at media@technavio.com Well include an hour with our analysts to discuss the report findings. For free. </li><li> 10. USA CANADA UK CHINA INDIA Access the Report USA CANADA UK CHINA INDIA India: An Overview USA CANADA UK CHINA INDIA About Us USA CANADA UK CHINA INDIA Thank You! North America Chicago, USA Phone: +1 630 333 9501 Fax: +1 630 833 2171 Europe London, United Kingdom Phone: +44 208 123 1770 Fax: +44 845 280 2825 Asia Bangalore, India Phone: +91 934 254 0560 Fax: +91 80 4080 6070 DISCLAIMER This presentation is intended solely for showcasing Infinitis research capabilities. All information contained within this presentation has been randomized and should not be used for any kind of analysis and/or for decision making purpose. All trademarks and copyrights remain the sole ownership of their rightful owners/licensees. In no event shall Infiniti Research have any liability to any party for special, incidental, tort, or consequential damages arising out of or in connection with this report, even if Infiniti Research has been advised of the possibility of such damages. Copyright 2013 Infiniti Research Limited. All Rights Reserved. Reproduction without written permission is completely forbidden. NOT FOR FURTHER DISTRIBUTION </li></ol>