International builder Kaufman & Broad’s French subsidiary has entered into agreements with Credit Agricole, France’s largest bank, and AGF, the French subsidiary of Allianz, to cooperate on lending and insurance services.
Under the agreement K& B will recommend to home buyers that they use Credit Agricole for lending services, and place their homeowners insurance, which is required in France as a precondition for obtaining a home loan, with AGF.
In both cases K& B will receive a commission on the loans and policies sold. The strategy is part of K & B’s goal to offer its clients a total package, including related services, as part o any home purchase.
Topics France
Was this article valuable?
Here are more articles you may enjoy.
Mississippi Insurance Dept. Top Examiner Named in $90M Credit Union Theft Suit 
KPMG Australia Scandal Widens After it Confirms Optus Data Was Misused 
‘Ghost Broker’ Who Procured 1,120 Policies Through Fraud Arrested 
Need Wind Mitigation? New Florida Insurer Wants to Help With That 
