LIC International felicitates partner FGB

Manama

LIC International felicitated bancassurance partner FGB on achieving a record sales of AED 1 billion in first premium income since both the organizations entered into bancassurance partnership in January 2013.  

The felicitation took place during the 90th board meeting held on June 1 and 2 at LIC headquarters in the kingdom. FGB is the first bancassurance partner of LIC International in UAE.  

LIC of India Chairman SK Roy along with LIC of India MD VK Sharma, LIC International CEO Rajesh Kandwal and LIC International GM Partha Samal represented the company, in bestowing the honours that was received by  Girish Advani, Executive Vice President, Head of Personal Banking, FGB with Amol A Shah, Vice President, Head of Non-Lending Products, FGB.  

The LIC Board thanked FGB for taking LIC International products to UAE. The board also applauded innovative strategic initiatives designed by FGB which resulted in the record achievement. 

The dignitaries from FGB expressed that “both the organizations are customer centric and the record breaking performance is due to the understanding the needs of the customers and rightly positioning the products”  

FGB also opined that the capital guarantee and easy to understand products of LIC International helped in adding value to their customers.The members present added that FGB has established a reputation for product innovation and service differentiation amongst the customers.

IC International felicitated bancassurance partner FGB on achieving a record sales of AED 1 billion in first premium income since both the organizations entered into bancassurance partnership in January 2013.The felicitation took place during the 90th board meeting held on June 1 and 2 at LIC headquarters in the kingdom. FGB is the first bancassurance partner of LIC International in UAE.  

LIC of India Chairman SK Roy along with LIC of India MD VK Sharma, LIC International CEO Rajesh Kandwal and LIC International GM Partha Samal represented the company, in bestowing the honours that was received by  Girish Advani, Executive Vice President, Head of Personal Banking, FGB with Amol A Shah, Vice President, Head of Non-Lending Products, FGB.  

The LIC Board thanked FGB for taking LIC International products to UAE .The board also applauded innovative strategic initiatives designed by FGB which resulted in the record achievement. 

The dignitaries from FGB expressed that “both the organizations are customer centric and the record breaking performance is due to the understanding the needs of the customers and rightly positioning the products”  

FGB also opined that the capital guarantee and easy to understand products of LIC International helped in adding value to their customers. The members present added that FGB has established a reputation for product innovation and service differentiation amongst the customers.

 designed by FGB which resulted in the record achievement. The dignitaries from FGB expressed that “both the organizations are customer centric and the record breaking performance is due to the understanding the needs of the customers and rightly positioning the products” FGB also opined that the capital guarantee and easy to understand products of LIC International helped in adding value to their customers. The members present added that FGB has established a reputation for product innovation and service differentiation amongst the customers.