Scotiabank Group Scotiabank Canadian development of insurance services by opening a center dassurancesLe Scotiabank Group today launched a new range and improved products and insurance services, as well as new useful functions online and opened the first counter of the Group, an insurance center Financial ScotiaLife.
The product range now includes a new home and auto insurance, as well as additional proceeds of life insurance and health, where a preview can be requested online.
“Insurance is a key strategic priority for Scotiabank Group. Today’s announcement represents the culmination of work we have done in the Strategic Initiatives Group. We still believe that insurance is a key growth area for the Scotiabank Group and we will work to further expand our activities in this sector in the future, “said Robin Hibberd, vice president of management, Lending and Insurance, Scotiabank.
Financial Scotia Life Insurance Brand New Canadian Scotiabank Group leverages a solid expertise and excellent products and services related to the life and health insurance, credit insurance, travel insurance and now, homeowners insurance and automobile.
This product provides complete protection for vehicles including motor homes and snowmobiles, and for homes and cottages, condos and personal belongings of tenants. It prompted an enthusiastic response.
“Our customers asked us for some time when we were offering home and auto insurance. We plan to expand our product offering, attract new customers and deliver an exceptional quality of services while working to grow our insurance business, “said Mark Cummings, Senior Vice President and Head, Insurance Canada, Bank Scotia.
Financial ScotiaLife now offers two new life and health insurance, reserved exclusively for clients of Scotiabank. The critical illness insurance Scotia Life supplements the disability insurance and health insurance supplemental existing customers and allows holders to receive any benefit single comprehensive after a diagnosis of heart attack, cancer or d ’stroke of up to $ 100 000. The health and dental insurance ScotiaLife covers medical care for emergency travel and offers an optional dental insurance for those who do not enjoy such protection in the framework of their benefits or who wish to complete their existing insurance.
The Scotiabank Group is also interested in how clients can access products and insurance services. Initially, the authorized agents offer home insurance and car on site at the insurance center Financial Scotia Life, which is back channel.
“Our first insurance is for those who prefer a personal experience. We will consider open later other pilot sites, “added Cummings.
“We believe that customers are seeking solutions from trusted organizations,” continued Mr. Cummings. “We appreciate the loyalty of our customers and we want to provide them with comprehensive insurance solutions, and this, in a simple and practical.”
Scotiabank is one of the major financial institutions in North America and most international bank. With their staff of nearly 69 000 employees, Scotiabank Group and its affiliates serve approximately 12.8 million customers in some fifty countries. Besides investment banking, Scotiabank offers a full range of products and services to individuals, small and medium businesses and large corporations. The assets of the Bank of Nova Scotia amounted to over 513 billion dollars (on April 30, 2009). Shares of Scotiabank are traded in Toronto (BNS) and New York (BNS).
