Allianz Indonesia and Bank CTBC Indonesia Establish Bancassurance Partnership to Provide Comprehensive Insurance Solutions

Photo Caption - Allianz Indonesia dan Bank CTBC Indonesia Jalin Kerjasama Bancassurance untuk Sediakan Solusi Perlindungan Asuransi Komprehensif

Jakarta, 17 November 2021 - PT Asuransi Allianz Life Indonesia (Allianz Life Indonesia) and PT Bank CTBC Indonesia (Bank CTBC Indonesia) inaugurated an official partnership to provide insurance protection solutions and services through the bancassurance distribution channel. In this collaboration, Allianz Life Indonesia provides tailored products and services to meet the needs of Bank CTBC Indonesia customers for insurance protection. Through maximizing the use of digital tools provided by Allianz Life Indonesia for sales force and customers, this collaboration is aimed to provide a seamless and secured insurance experience for Bank CTBC Indonesia customers.

Bianto Surodjo, Director & Chief of Partnership Distribution Officer of Allianz Life Indonesia stated, "The strategic collaboration between Allianz Life Indonesia and Bank CTBC Indonesia will fulfill customers' needs for insurance protection in an easy and secure way. We hope that this partnership in the bancassurance line embody strength and provide many benefits for customers in preparing their future plans. In addition, Allianz will also provide services supported by digitalization, both in sales and post-sales processes."

This collaboration is also marked by the launch of two unit-linked life insurance products, Allianz Wealthlink Preferred Life and Allianz Assetlink Maxima. These two products will provide life insurance protection benefits, investment and various additional protection (riders) advantages that can be selected according to the needs of Bank CTBC Indonesia customers.

Allianz Wealthlink Preferred Life is a unit link life insurance product with a regular premium payment method. This product can answer customers' needs in managing various financial plans in the future, with the potential for asset development and medical assistance services as long as the insurance policy is inforced. Meanwhile, Allianz Assetlink Maxima is a unit-linked life insurance product with a single premium payment method. This product is designed for customers who prefers comprehensive insurance protection and asset development protection as a long-term financial plan.

Iwan Satawidinata, President Director of Bank CTBC Indonesia stated, "This collaboration and launch of insurance products can provide optimal protection and investment solutions. Bank CTBC Indonesia customers will certainly have more choices of financial products that suit their needs and risk profile. We hope that this collaboration will provide synergies to understand customers' circumstances and support their future goals."

Digital-based services are developed carefully so that every policy application process can facilitate customers from the beginning to the claim process. Allianz Life Indonesia has provided digital tools designed for financial advisors to help customers understand insurance protection and quickly choose the type of protection according to their individual needs. After the policy is in-force, customers can access information and manage the policy independently, so they will have an easy and secure insurance experience.