Business | Banking

Emirates NBD and NGI tie up with Aviva

New insurance, investment products proposed

  • Gulf News Staff Report
  • Published: 00:00 October 21, 2009
  • Gulf News

Dubai: Emirates NBD joined hands with international insurer Aviva and local insurer National General Insurance (NGI) in a move offering a wide range of long-term savings, investments, life insurance and medical protection solutions to Emirates NBD customers.

These products will be available through Emirates NBD branches starting next month and will cater to all of the bank's key customer segments.

Jamal Bin Ghalaita, Group Deputy CEO, Emirates NBD said: "We are pleased to be associated with such reputable names in the insurance industry.

"Through this strategic partnership, Aviva and NGI will present significant product and business expertise that will enable Emirates NBD to offer the best products to our valued customer base, and ensure that we meet their growing demands and changing requirements. "

Suvo Sarkar, Executive Vice-President and General Manager of Retail Banking, Emirates NBD, added, "The life insurance market in the UAE is set to grow at a strong pace over the next five years.

"This exciting endeavour will help us leverage this opportunity to the most, while providing an innovative and customised range of savings and insurance products exclusively for Emirates NBD customers."

Aviva belongs to the Aviva Group, the world's fifth largest insurance group serving 50 million customers across Europe, North America and Asia Pacific.

NGI is part of the Emirates NBD group and is one of the fastest growing local insurers in the UAE. Aviva has entered into a strategic partnership with NGI.

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