
A partnership memorandum was signed today between Liberty Bank and New Vision Insurance. The memorandum provides for a simplified offer of insurance and banking products to farmer customers.
As part of this large-scale project, it will become easier for the farmer customers of the Bank to access financial and insurance products and, with a "single window" principle, purchase the services of both Liberty and New Vision Insurance on a single visit to the bank. Agro insurance can be purchased at any Liberty branch, subject to the presentation of identity documents only.
New Vision Insurance is the third year that it operates in the Georgian insurance market and is included in the state agro-insurance program.
"It’s been three years New Vision Insurance has been operating in the Georgian insurance market and has been involved in the state agricultural insurance program. Agro insurance is one of our most important products. Over the past year, we have covered 35% of the market. We have big plans this year. We focus on quality and service, expanding the agency network, we improve the possibility of easy purchase of the product, customers can use our insurance services from anywhere in Georgia. We have been cooperating with Liberty Bank for the second year already. Under the partnership, farmers who purchase New Vision Agro Insurance will also be able to benefit from Liberty Bank interest-free installments. Our company will undertake the payment of the interest. In addition, customers can purchase New Vision agro-insurance at any Liberty branch throughout Georgia only upon presentation of an ID card. ”- Giorgi Barkalaia, General Director of New Vision Insurance, said.
To be informed, JSC Liberty Bank is the third largest systemic bank with assets of GEL 3 billion and serves 1.7 million individuals and 50,000 small, medium and large businesses throughout Georgia.
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