Alliance Bank Malaysia Berhad and Manulife Insurance Berhad have extended their exclusive bancassurance partnership for a further 15 years.
Alliance Bank and Manulife Malaysia have been partnering to offer innovative insurance and wealth management solutions since 2013. In the next 15 years, Alliance Bank will continue to distribute Manulife Malaysia’s life insurance products, enabling the bank to drive growth for its fee-based income.
Alliance Bank Group Chief Executive Officer Kellee Kam said, “Alliance Bank is proud of its longstanding partnership with Manulife Malaysia and the opportunity this gives to better support our customers’ health, protection, and investment needs. The renewed focus will see us further tapping into our partner’s insurance expertise and resources to offer more market-leading experiences, products, and digital solutions for Alliance Bank customers.”
“This extension is an important milestone for Manulife Malaysia and Alliance Bank, as it reaffirms the success we have had over the past 10 years. Built on a solid foundation, this partnership reaffirms our commitment to giving more Malaysians greater access to the right information, advice, solutions, and positive customer experiences,” said Vibha Coburn, Chief
Executive Officer of Manulife Malaysia.
By leveraging their respective expertise, both organisations said they remain adaptable and responsive to the evolving financial landscape, delivering value to Malaysian customers.
