Move to expedite launching of hassle-free ins services

'Carnival Assure', an alternative distribution channel of the leading insurance companies of Bangladesh, has recently signed a Memorandum of Understanding (MoU) with Acurra International Limited, an insurance aggregator registered in Malaysia.

"To satisfy the day-to-day demands more efficiently, Carnival Assure came in the market as a digital marketplace of micro insurance promoting innovative insurance services representing its insurance partners," said a statement.

Carnival Assure facilitates with focus on the specific risks of the end usersand cost small premiums. The whole process, registration to claim settlement is fully paperless and takes minimum days due to the optimized process.

Through this MoU, Carnival Assure and Acurra will be jointly working in partnership with Bangladeshi insurance companies will be facilitating with multi-facet insurance services in Bangladeshi market.

From Carnival Assure, Mahbubul Matin, Chairman; Mohiuddin Rasti Morshed, CEO and Zaman Bahadur Khan, Director were present.

From Acurra International Richard Goh, Chairman; Ooi You Jing, Director and Sharmin Rahman, Country Manager were present during the signing ceremony.

The program was also attended by Managing Directors & Senior Management representatives of leading insurance companies and financial institutions of Bangladesh.

Richard Goh, Chairman of Acurra International said, "We are pleased to get partnered with Carnival Assure. We are already working with multiple Bangladeshi insurance companies providing them re-insurance brokerage services along with our regular operations. We believe we can serve more segments in better efficient ways with the expertise of Carnival Assure in Bangladesh."

Mahbubul Matin, Chairman of Carnival Assure said, "Our collaboration with Acurra International will boost the initiation of Carnival Assure's operation in Bangladesh. We are very excited to have global insurance aggregator like Acurra International beside us. With this partnership I believe we can bring further innovative products with the collaboration from our local partners and focus more on satisfying specific demands of the market."

The signing ceremony was held in the city.