Bank of Costa Rica to sell insurance
The company called BCR Seguros (Insurance) will function as an agent, that is, it will sell policies from various insurance companies.
Monday, December 8, 2008
This way, the BCR plans to make the most of the opening of the insurance market.
Despite the de-monopolization of the market four years ago, state institutions continue to obtain their insurance with the National Insurance Institute (INS).
Three foreign insurance companies are requesting permission to enter the market.
Arnoldo Trejos, assistant manager at Bancrédito, announced that the Superintendent of Pensions (SUPEN) authorized the bank to sell INS (National Insurance Institute) policies.
In February, the period for banks to get authorization from the Insurance Superintendence to continue selling insurance policies will end.
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