Global FranTech Signs Agreement with Star Alliance Insurance corp to Franchise Insurance and Financial Products Branch Offices in Philippines, China, India, Europe, Africa, Caribbean and North American Markets

Released on: October 20, 2008, 11:55 pm

Press Release Author: FranTechAsia

Industry: Financial

Press Release Summary: October 17, 2008 - AHMEDABAD, Gujarat, India - Star Alliance
Insurance
Services ('S.A.I.') , soon to be a leading global supplier of
next-generation specialty insurance and financial products, such as
'Public Sector Welfare Benefit Solutions' through licensed branch
offices networks, today announced they have signed an agreement with
Global FranTech Group, FranTech Asia, Ahmedabad, Gujarat, India
(FRANTECH), a global leader in customized licensing distribution and
integrated franchised chain solutions for the insurance and banking
industry.



Press Release Body: Through the agreement, Global FranTech Group will license Star
Alliance
Insurance Services special insurance bankers' branch offices in the
Philippines, China, India, Caribbean and Latin American markets.

FranTech operates in 220 countries on six continents, and was chosen by
Star Alliance Insurance due to its extensive geographic footprint
throughout the Philippines, China, India, Latin American and Caribbean
region. Other factors in the company's selection included FranTech's
significant licensing of branch offices with operator customer base,
depth of local knowledge, and dedicated licensing sales team focused on
selling complex financial and insurance solutions that network branch
offices require.

Star Alliance Insurance and Financial product portfolios are designed to
meet the network requirements of Governments in 220 countries.

Star Alliance Insurance Services internet based Insurance and financial
products are point-to-point insurance sales providing and supporting
licensed branch offices in 220 countries.

S.A.I. Internet based Insurance architectures for reinsurance carriers'
delivery of next generation special insurance and financial services
worldwide.


Star Alliance Insurance solutions offers unprecedented scale, improved
e-Government economics and simplified operations.

"Global FranTech is pleased to add Star Alliance Insurance to our
worldwide network for Government infrastructure portfolio insurance, new
Sovereign Government Social Life Insurance Program and Public Sector
Welfare Benefit Solutions under e-Government.

Our new franchised relationship will allow us to offer next generation
internet online insurance network solutions throughout the Philippines,
China, Indonesia, India, Caribbean and Latin America," said Philip Nadeau,
CEO of Global FranTech Franchise Network Infrastructure for FranTech
Universal. "Our partnership will enhance both companies` positions
within these world markets." He further mentioned.

"We are delighted to be working with Global FranTech.'' said Mark M.
Endo, President of Star Alliance Insurance."This will allow Star Alliance
Insurance Services to expand its market presence into these exciting
growth regions."

About Star Alliance Insurance
Commencing operations in 1998, Star Alliance Insurance Services
solidifies a commitment to serve multicultural businesses, institutions
and professionals.

Who is Star Alliance Insurance Service's primary target market?

Any business, organization, institution or insurance production
resource that is owned or operated by, employs, serves, and / or
partners with culturally different minority groups that are
traditionally under served by the property and casualty insurance
industry.

Market segments range from small and medium to large commercial
accounts. They can include commercial enterprises, banking and financial
institutions, professional organizations, associations, social program
constituencies, nonprofit organizations, and public sector business
groups, just to name a few.

Star Alliance Insurance Services commits to providing its clients with
unparalleled service, integrity and professionalism. We are an insurance
resource that offers top quality insurance products and services in the
most cost-effective manner possible.

We are dedicated to offering these insurance products and
financial services on a timely basis and to consistently deliver this
high level of service.

Copyright 2004 - 2006, Star Alliance Insurance Services. All
rights reserved.

Star Alliance Insurance 'WORLDWIDE INSURANCE SPECIALIST'2008
An internet based life insurance company to market a full range of Life
Insurance products and financial services, to people in select countries
throughout the world.

Star Alliance Insurance 'WORLDWIDE INSURANCE SPECIALIST' 2008
INSURANCE BANKERS OF AMERICA FRANCHISE

(Insurance Banker / Loan-Agent / Franchise)

Star Alliance Insurance LLC.
A Franchisor Company for Insurance Bankers Franchisee's in 220
countries.

Star Alliance Insurance Services
WORLDWIDE INSURANCE SPECIALIST FRANCHISE
Sovereign Life Insurance for Governments of all nations.


S.A.I. Life Insurance of all nations instantly receives an online internet Insurance
policy off your
computer.

New Star Alliance Insurance subsidiaries to be formed are S.A.I Orient
Holding, LTD and S.A.I. China Life, Co., LTD in Guernsey and S.A.I. Life,
NV in Curacao, Netherlands Antilles and S.A.I. Sovereign Life Insurance
Company for Governments of all nations, a Government Social Security insurance
program for all citizens.




Star Alliance Insurance
Company, Inc., an internet online life insurance company franchise
specializing in estate planning for high net - worth clients; 'Insurance
Bankers of America' Franchise.


S.A.I. franchisee's will be representing Aegon, Lloyds, AIG,
Northwestern Mutual Life Insurance Company - to be licensed by over 30
major Worldwide Insurance and Financial institutions.

Capital Caribbean Indemnity & Company, Inc., Company of Panama, a
subsidiary of S.A.I. Group of Companies, Panama - will be setting up
and organizing the branch offices for life insurance company operation
within S.A.I Combined Insurance and Financial programs.

Star Alliance Insurance is forecasted to grow from zero premiums to millions in five
years.

Star Alliance Insurance will be involved in Life Insurance, Estate Planning and
Family Wealth Management services in 220 countries.

New S.A.I Financial Planning Seminars will be scheduled for Hong Kong, China, India,
South America, Chicago, New York, and Los Angeles.

New seminars on the following worldwide:

Business Owners Policy

Commercial Automobile

Excess / Umbrella

General Liability

Package Policy

Professional Liability

Property

Worker's Compensation

Administrative assistance

Finding insurance carriers

Program development

Risk management

Consultation and advice

Market development

Program management

Underwriting management

Technical support and assistance
in 220 countries.

S.A.I Insurance Bankers franchisees will be licensed for Life, Health and Variable
Annuities on the internet.

S.A.I. Life Insurance for Governments of all nations
(Social Security Insurance worldwide industry and Public Sector Welfare Benefit
Solutions programs)

S.A.I. Life is the first global internet based Life Insurance Company, capable of
insuring any citizen of any of 220 Countries for lesser premium than any land based
traditional company in any Country.
S.A.I. Home Office is located in Panama and Guernsey, Channel Islands UK,
Administrative office in Curacao, Netherlands Antilles, Executive office in Costa
Rica and Panama.

S.A.I Life offers internet based online small policies, up to $100K for Term and
Whole Life and up to $25K With our Burial policy in 220 countries.

Copyright (c) 2004- 2008, Star Alliance Insurance Services Corporation
All rights reserved.

Use of this the new S.A.I site is subject to express terms of use, which prohibit
commercial use of this site.

By continuing past this page, you agree to abide by these S.A.I terms.



STAR ALLIANCE INSURANCE SERVICES
'Insurance Bankers of America', 'Insurance Bankers of Asia' and 'Insurance Bankers
of Europe' Franchise Fee is $25,000 to $150,000.

(Each Office Independently Owned and Operated)

Star Alliance Insurance Bankers (SAIBA) franchisees must maintain active membership
in SAIBA which includes automatic $2Million E&O insurance coverage, underwritten by
Lloyds of London exclusively for
SAIBA to provide loan service to their worldwide clientele.


About Global FranTech Group
Global FranTech is a global leader in customized franchised programs
for distribution and integrated supply franchise chain solutions for the
licensing industry with global headquarters in Ventura, California, USA.

FranTech Group of worldwide companies operates franchise sales,
distribution and manufacturing facilities in 220 countries on six
continents, giving it the largest global reach for its FranTech clients.

FranTech was named a top Global Growth Company by the World Banks,
FranTech's exclusive list of 342 technology companies recognized for
being visionary and fast growing businesses that have exceptional
executive leadership in licensing, franchising and redefining their
respective industries in 220 countries.

The company provides licensing solutions to more than 30,000,
e-Government agencies, client companies licensed network operators,
franchise retailers, reseller, and independent agents around the world,
and also represents the world's leading technology manufacturers
licensing technology transfer.

For more information, visit

www.FranTechUSA.com.

www.FranTechAsia.com

www.FranTechStrategies.com


Global FranTech Group
'A Worldwide Company'

FranTech(tm) is a leading provider of licensing of internet based companies used in
emerging Internet online insurance and financial networks.

FranTech designs, develops, and markets carrier-grade insurance networking other
insurance and financial data platforms.

FranTech's licensing insurance and financial products, which are based on a EU
GlobalClear platform, function as a extension to an existing core captive
insurance licensing for a branch network.

The principal application for FranTech's licensing internet insurance
products is the function in a Star Alliance Insurance branch office network.

Additional applications for Global FranTech's licensed and franchised
products include Sovereign insurance programs for Government private
networks, including municipal and enterprise networks.

Global FranTech's corporate headquarters is located in Hong Kong, Guangdong, China
and Ventura, California, with worldwide sales locations in Philippines, China,
India, Africa, Europe, Middle East and North America.

The company's Web sites are:

http://www.FranTechWTC-3G.com.com

http://www.FranTechGuangdong.com


Media Contacts:
David Baker
Marketing Communications
Global FranTech Group Inc.
President@FranTechUSA.com
Tel: 805-653-5264 ext. 1262


WORLDWIDE FRANCHISE SALES
FranTech Asia, (INDIA)

Ahmedabad, Gujarat, India

Shanker Damodaran, President

Tel:+ 90-932-706-7935

E-mail:President@FranTechAsia.com

www.FranTechAsia.com


Web Site: http://www.FranTechAsia.com

Contact Details: FranTech Asia
56, BMM Society, Ellsibridge,
Gujarat, India -380006.
Tel:+ 90-932-706-7935
E-mail:President@FranTechAsia.com

  • Printer Friendly Format
  • Back to previous page...
  • Back to home page...
  • Submit your press releases...
  •