Briefing: Do Revolut and Lloyds Bank moves signal a bancassurance renaissance?
The model of banks with in-house general insurance divisions, or bancassurance, has thrived elsewhere in Europe but failed to pick up the pace in the UK. Is this about to change?
Research on UK bancassurance is sparse – and for good reason. Lloyds is the only big 10 UK bank with an in-house insurer.
But the tide could be changing – with the Ageas/Tesco joint venture looking
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