Abstract
Finaccord' s report titled Non-Life Bancassurance in Europe: Commercial Lines
is the first ever dedicated study of the distribution of insurance for
business customers by banking institutions serving this constituency. The
research is based on a survey of 370 business banks in ten territories in
Europe: Austria, Belgium, France, Germany, Italy, the Netherlands, the Nordic
region (comprising Denmark, Norway and Sweden), Portugal, Spain and the UK /
Republic of Ireland.
By means of this investigation, the report sheds unprecedented light on the
extent of involvement of banks across Europe in the distribution of commercial
lines policies, highlights the types of business insurance that they promote,
clarifies the operating models that they use to compete in this market and
identifies the underwriters and brokers with which they work to source
commercial insurance policies.
Moreover, the PartnerBASE™ database which accompanies the publication
offers a thorough means of researching current practice commercial lines
bancassurance on a bank-by-bank, country-by-country or product-by-product
basis. As such, this report and the associated PartnerBASE™ database
constitute the most detailed research into bank-oriented distribution of
business insurance that has ever been completed on a published basis at the
pan-European level.
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