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Bancassurance is a strategic partnership in which a bank collaborates with an insurance company to offer insurance products to the bank’s customers. This mutually beneficial arrangement not only allows banks to generate extra income through the sale of insurance policies, but also enables insurance companies to broaden their customer reach without the need to expand their sales teams.

Clifford Chance has advised a group of Czech banks, led by Ceska Sporitelna and including Ceskoslovenska Obchodni Banka and Citi, on the financing of CVC Capital Partners and EMMA Capital's acquisition of FoxPost from Wallis Asset Management and Trueway/Finext.

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