nafcub - atcs bancassurance proposal
TRANSCRIPT
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7/31/2019 NAFCUB - ATCS Bancassurance Proposal
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N A F C U
NATIONAL FEDERATION OF URBAN COOPERATIVE BANKSAND CREDIT SOCIETIES LT
B-14,3RD FLOOR,A-BLOCK SHOPPING COMPLEX,NARAINAVIHAR,RING ROAD,NEW DELHI 110028TEL.:91-11-25771170,25770108FAX :91-11-25779710EMAIL : [email protected]
Ref. No.: NF/R&D/ATCS/2011-12/ Dated: December 12, 2011
TO,
THE CHIEF EXECUTIVE
SELECT URBAN COOPERATIVE BANKS
BANCASSURANCE CONSULTANCY AND TRAINING PROPOSAL FOR
MEMBERBANKS
Dear Sir,
In association with ARTHASHAY, we are pleased to propose a customized
engagement with the member banks, specifically aimed at maximizing BancassuranceRevenue for the remaining four months of FY 2011-12. By now all of you must be wel
aware about the Bancassurance Committee Report as well the draft regulation for
Bancassurance Agents released on 24th November 2011. In view of the dynamically
changing regulatory environment and the resulting complexity in Bancassurance
Operations, we earnestly wish to offer every possible help to our members.
The key highlights of the proposal are:
1. Provision of professional consultancy to the member banks without any consultationcharges. The detailed scope of consultancy is attached herewith.
2. At least one training session for the senior management comprising BOD, CEO /MD, GM, Training / HR Head and CIEs focusing on strategic, compliance and
structural issues related to Bancassurance. We also would thoroughly analyze the
new regulations for your better understanding. This would be a two day program.
3. At least one training session for the operating staff comprising SPs, Branchmanagers, Regional Coordinators and select branch staff. The session would aim to
cover entire gamut of Bancassurance distribution including sales, administration,
MIS, Team management, reward & recognition, HNI handling, compliance etc
These front end executives need to be the driving force of Bancassurance business
and hence should be trained to the best of potential. The duration for this program
would be for 3 days.
For the banks, having their own training infrastructure, the sessions would be
conducted at respective facilities. This will maximize the impact of training and minimize
the overall training cost.
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7/31/2019 NAFCUB - ATCS Bancassurance Proposal
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N A F C U
NATIONAL FEDERATION OF URBAN COOPERATIVE BANKSAND CREDIT SOCIETIES LT
B-14,3RD FLOOR,A-BLOCK SHOPPING COMPLEX,NARAINAVIHAR,RING ROAD,NEW DELHI 110028TEL.:91-11-25771170,25770108FAX :91-11-25779710EMAIL : [email protected]
For the smaller banks as well as the staff members of outstation branches
ARTHASHAY would be conducting series of residential programs at major hubs like Pune,
Kolhapur, Mumbai, Bengaluru, Ahmedabad, Hyderabad, Delhi etc. These residentia
programs would be conducted as per the feasibility of schedule and logistics.
The training modules are designed for UCBs and would be conducted in vernacular
language for better participation and understanding.
The management of ARTHASHAY understands the specific needs of this sector and
have developed the expertise in fulfilling those needs. Going ahead an improved UCB
sector would hold its place in the toughest of the financial environment. UCBs possible
contribution towards financial inclusion would be one of the biggest success stories ofIndian financial history.
We shall continue to support ARTHSHAYs sincere effort towards betterment of
UCBs and look forward to their enhanced engagement with the member banks.
Thanking you in anticipation.
Warm Regards,
Yours faithfully,