ots Ad hoc-Service: Direkt Anlage Bank AG <DE0005072300> Exclusive partnership between DAB and InsuranceCity
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Munich
- Strategic Link between Discount Brokerage and Online Insurance Providers - First Discount Broker with two E-Finance Partners.
Direkt Anlage Bank AG, Munich (DAB), and Germany's leading independent insurance platform, InsuranceCity AG, Frankfurt, have entered into an exclusive partnership for the next two years. This makes DAB the First German discount broker with two E-Finance partners - since June DAB has already been cooperating with the mortgage portal Interhyp AG, Munich. While the mortgage platform is scheduled to go live in August the insurance platform will go online in October. DAB will use these cooperation deals to complete its Allfinanz-Center, in which customers will be able to transact financial business beyond discount brokerage deals.
In addition, the cooperation with InsuranceCity complements DAB'S competence in the b2b sector. In doing so, DAB is also beginning to diversify its revenue streams.
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