BIC sells insurance via ATM

Bank for Investment and Development of Vietnam (Bidv) Insurance Co (BIC) on May 17 said that customers opening accounts at Bidv will be able to buy BIC’s insurance products via ATM machines conveniently along with other direct transaction channels.

According to Pham Quang Tung, BIC’s director, currently, customers often buy insurance products through traditional channels such as agents, brokers or at the company’s office or at banks (for bancassurance products).

Tung said that after launching selling insurance products via ATM machines, his firm will apply other online channels in coming time such as selling insurance via SMS of mobile phones or Internet.

Thoi bao kinh te Vietnam

Tags: BIC, Vietnam insurance, Vietnam insurance industry, Vietnam insurance market

Posted by VBN on May 19 2010. Filed under Insurance. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry