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DBS-Manulife tie-up to splash cash on tech

Singapore's DBS and Canada's Manulife kicked off their 15-year bancassurance agreement by announcing plans to strengthen their electronic distribution platform.
DBS-Manulife tie-up to splash cash on tech
Singaporean bank DBS and Canadian insurer Manulife will jointly invest S$100 million ($70 million) in technology to enhance product distribution under the 15-year tie-up they began this week. One move will be to enable relationship managers to service customers on the move and outside typical branch operating hours.  Manulife insurance and wealth management products are now on DBS shelves in China, Hong Kong, Indonesia and Singapore. Prior to the agreement, which is non-exclusive,…
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