The path of domestic bancassurance development
Deloitte China's GFSI Center of Excellence (COE) recently released the Deloitte bancassurance white paper - The path of domestic bancassurance development. Bancassurance is one of the most important sales channels for the insurance industry, particularly for life insurers. Domestic insurance companies are facing increasing challenges and difficulties in the growth and transformation of the bancassurance industry. The white paper examines the current status and motivation of domestic bancassurance in China, leveraging global experience to discuss and provide solutions for the transformation of the domestic bancassurance mode. It also provides a comprehensive perspective and innovative ideas for such transformation, aiming to help encourage the healthy development of the domestic bancassurance channel.