Carnival Assure, an alternative distribution channel of the leading insurance companies of Bangladesh, recently signed a Memorandum of Understanding (MoU) with Acurra International Limited to speed up paperless and hassle-free insurance services in the country.
The signing ceremony was held in the city.
Under the MoU, Carnival Assure and Acurra International Ltd (an insurance aggregator, registered in Malaysia), in partnership with Bangladeshi insurance companies, will provide versatile insurance services.
Carnival Assure entered the insurance market as a digital marketplace for micro insurance with the aim to satisfy day-to-day demands for insurance service delivery more efficiently.
As an aggregator, Carnival has provided insurance services to more than 5 million consumers at margin that include field level employees of different Fast Moving Consumer Goods (FMCG) companies and other institutions as well as their families, children, vehicles, and farmers in the char areas of the country.
Mahbubul Matin, the Chairperson, Mohiuddin Rasti Morshed, the CEO, and Zaman Bahadur Khan, the Director, of Carnival Assure attended the MoU signing ceremony. Richard Goh, the chairperson, Ooi You Jing, the Director, and Sharmin Rahman, the Country Manager, attended the ceremony on behalf of Acurra International.
The program was also attended by the managing directors and senior management representatives of the leading insurance companies and financial institutions of Bangladesh.
Richard Goh said, “We are pleased to get partnered with Carnival Assure. We can now serve more segments with the expertise of Carnival Assure in Bangladesh.”
Mahbubul Matin said, “Our collaboration with Acurra International will boost the initiation of Carnival Assure’s operation in Bangladesh. With this partnership, I believe we can bring more innovative products in with the collaboration from our local partners and focus more on satisfying specific demands of the market.”