Union of Insurers and bankers

OOPERATION banks and insurance companies is expanding. The benefits of such interactions are evident. Insurers receive new sales channels of its policies, and banks hedge their risks. Besides, they both share their customer base. This helps to increase range of clients and effectively deal with fraudsters. According to preliminary estimates, the market of banking insurance now exceeds 30 billion rubles. This conclusion was made by experts of rating agency "Expert RA". They conducted a study in which 12 insurance companies - the most active players in banking insurance. In 2006, the volume of their contributions to the insurance risks of banks and their customers amounted to 22 billion rubles. This average proportion of retail risk insurance customers of banks in the bank's portfolio of leading insurers amounted to about 78%.