Bancassurance & affinity
MNK Re is a market leader in structuring bancassurance products for banks and financial institutions. We believe that one bancassurance product can’t fit the requirements of all banks and hence we create products according to the needs and requirements of the bank. We have different bancassurance products for a bank that has predominantly retail customers compared to banks largely dependent upon large commercial clients, where we can offer corporate bancassurance model.
We also act as bancassurance consultants and provide banks with a road map after doing a thorough analysis and review of their current operations. The bancassurance roadmap includes structuring bancassurance products tailored to the needs of their customers and align the products to various bancassurance channels.
We go as far as to support various banks in their training needs be it training on sales techniques or bancassurance product training.
Most retail banks and other lending and lease finance institutions who are interested in earning fee income out of bancassurance model.
Affinity & membership
Whether you’re a collection of like-minded individuals or hobbyists, a professional group, or a trade based organisation, MNK Re can help you to unlock the potential in your membership. Our sole focus is to provide the best possible added-value products and services to your members, with bespoke and tailor-made packages for their day-to-day needs, lifestyles and activities.
Products and services
A selection of the products and services we can offer as part of your membership affinity scheme includes:
Our membership affinity schemes harness your members’ buying power in a way that works for both them and for your organisation. You can offer your members more for their subscription fee and incentivise new people to join. An insurance scheme, designed exclusively around your members or customers, enhances your own proposition and the confidence they have in you. Your new scheme could also create an additional income stream by introducing a structure that pays commission to you.
Whether your aim is to gain competitive advantage through enhanced member or customer loyalty and increased retention rates, or for potential revenue generation, our dedicated team will work with you to understand your requirements, and your relationships with your members, customers and supporters. We will design and deliver a dynamic, forward thinking and cost effective affinity insurance solution that fits with your organisation seamlessly.
Accident & health
Value added ancillary products