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Bancassurance in Bangladesh: How we can harness the distribution potential to grow inclusive insurance

Bancassurance in Bangladesh offers a transformative opportunity to expand insurance access through trusted banks. This note highlights regulatory enablers, inclusive products, and climate-smart solutions, while outlining MSC’s role in scaling an equitable, digital- ready ecosystem and resilient insurance access

This white paper outlines a strategic roadmap for advancing bancassurance as a scalable and inclusive insurance distribution model in Bangladesh. It highlights the regulatory, institutional, and technological enablers needed to strengthen consumer trust, drive innovation, and expand outreach, particularly in rural and underserved areas. The paper also emphasizes the role of bancassurance in building climate resilience through digital delivery, parametric products, and ecosystem collaboration, and outlines actionable pathways for regulators, banks, and insurers. It also showcases MSC’s role in providing policy support, product innovation, and capacity building to create an equitable, climate- smart insurance ecosystem

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Written by

jayan-nair

Alvina Zafar

Senior Manager
jayan-nair

Vineet Sinha

Senior Manager