Capital Insurance Ltd has launched a new partnership with Merchant Finance Ltd, allowing the latter’s clients in Fiji to access a diverse selection of insurance products. This collaboration, announced during a signing event in Suva, enables Merchant Finance customers to enjoy insurance solutions that include motor, home, medical, commercial properties, business, and term life policies.
David Ariff Chan, CEO of Capital Insurance, expressed enthusiasm over this partnership, highlighting that clients who obtain loans from Merchant Finance will now have the option to secure insurance coverage directly through their branches. This move is seen as beneficial to customers seeking comprehensive financial solutions as they navigate significant investments, such as car and home loans.
Veilawa Rereiwasaliwa, CEO of Merchant Finance, pointed out the significance of insurance in financial dealings, noting that as a secured lender requiring collateral, the inclusion of Capital Insurance allows them to provide additional value. He conveyed excitement for future product developments that could emerge from the collaboration.
This partnership not only aims to broaden the insurance options available to customers but also reflects the commitment of both companies to enhance financial security within the Fijian market. Capital Insurance Ltd, operational across the Pacific, leverages this collaboration to expand its reach, reinforcing its reputation as a reliable provider of innovative insurance solutions.
The partnership promises to deliver new avenues of support for customers, ensuring they have access to essential coverage that contributes to their financial safety and peace of mind. It reinforces the importance of insurance as a necessity for mitigating risks in personal and commercial endeavors.
Overall, such developments indicate a growing trend towards integrated financial services, fostering a more secure economic environment for individuals and businesses in Fiji.
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