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
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