OREANDA-NEWS. December 09, 2011. Recently, 55 sales elites from GCL were invited to join summit, which was held in Bali, Indonesia. This is the Second Overseas Summit of GCL bancassurance and with the aim to commend the outstanding bancassurance sales teams and individuals. Mr. Gao Ming, Deputy Head of GCL Alternative Channel Department attended this trip of honor, reported the press-centre of GCL.
The alternative channel of GCL, in which bancassurance plays the key role, has maintained close and sound cooperation with major banks in China, and its revenues have been always one of the largest among the foreign and joint venture insurers. Based on professional marketing and innovation, GCL strives to build a more valuable and market-differential alternative channel.
In 2010, GCL held the First Overseas Summit of bancassurance in Italy. Sales elites were invited to visit the headquarter (HQ) of Assicurazioni Generali, which is the foreign shareholder of GCL. It is great honor to communicate with leaders of HQ face-to-face. All the elites learned about the splendid history, modern business management and humanistic corporate culture of Assicurazioni Generali.
Generali China Life Insurance Co., Ltd. (GCL), founded in 2002 as a joint venture between Assicurazioni Generali S.p.A. (Generali) and China National Petroleum Corporation (CNPC), was the first Sino-foreign joint venture insurer approved by Chinese Government after China joined the World Trade Organization. At present, the registered capital of GCL is RMB 2.7 billion yuan. Its total assets are nearly RMB 40 billion yuan, making GCL the largest joint venture life insurer in China.