Bank of Maldives in partnership with Allied Insurance Company of the Maldives has launched BML insurance. The scheme was launched on 9th September at a joint press conference held at BML Head office. This partnership enables BML customers to obtain Allied Insurance products from any of BML’s 27 branches right across the country. Six insurance products will be offered to suit the different needs of customers including Home Takaful, Motor Insurance, Mortgage Protection Plan, Individual Term Insurance, Fire Insurance and Marine Hull Insurance.
Speaking at the press conference, Managing Director of Allied Insurance, Mr Ahmed Ameel said that this partnership marks a very important step forward in the Maldives financial sector. And that both Bank of Maldives and Allied Insurance Company will play a very vital role in the community and in the business environment. He also said that he is confident that this partnership will bring great benefits.