Strategic Consulting for Banks, Insurers and OrganisationsYour trusted partner for Bancassurance strategy, market entry and growth consulting in emerging markets
Magi helps mid-sized banks, insurers, and other organisations unlock growth through strategy consulting in Bancassurance, insurance distribution, and FTA-driven market entry. We work across South Asia, Southeast Asia, and Africa.
Our Core Services
Bancassurance Strategy
- RFP & Partner Selection Strategy
- Commercial Model Structuring
- Go-To-Market Plans
- Channel Optimisation & Performance Review
End-to-end support for building, launching, and scaling bancassurance partnerships with strategic clarity and market readiness.
Strategic Growth Projects
- Research-led Opportunity Analysis
- Custom Engagements for CXOs and Board
- Workshops and Diagnostics
- Implementation Roadmaps and Support
Insight-led, CXO-level advisory to support channel strategy, business pivots, and market expansion with practical and tailored engagements.
Market Entry Advisory
- Sector Opportunity Mapping
- Entry Readiness Assessment
- Strategic Introductions & Partner Search
- Regulatory & Operational Advisory
Market entry strategy for businesses exploring India and South Asia, tailored to their sector and readiness.
Discovery Workshop Offer
Not ready for a full project? Start with a paid Discovery Workshop.
We offer a fixed-fee, 2-3 week deep dive to uncover opportunities, challenges and roadmap actions.
Stakeholder interviews, diagnostics, roadmap presentation
Fixed Fee based on agreed scope
Ideal for market entry or partnership review
Case Studies
| Project | Sector | Geography | Description | Details |
| Bancassurance RFP | Banking | Sri Lanka | Designed & executed full launch strateggy including partner selection through competitive bid / RFP | Read more |
| Distribution Review & Transformation Strategy | Insurance | Africa | Conducted a detailed Current State Assessment and developed a Future State Distribution Model | Read more |
| Industry Research | Insurance | India | India Life Insurance Industry Research Report | Read more |
| Bancassurance Partnership | Insurance | Philippines | Crafted a business model and bid-strategy for a Life Insurance company to secure an exclusive Bancassurance partnership, through to implementation | Read more |
Our satisfied clients
Delakshan Hettiarachchi
Dear Anil,
It is with immense satisfaction that I pen this commendation to you on the successful conclusion of our exclusive [bancassurance] partnership.
It was indeed a pleasure working with you who understood us well during the entire process. I really value your contribution towards this business deal. Your wide knowledge and experience in handling deal of this magnitude was quite evident while working with you and you were successful in consulting and guiding us towards reaching out to the best deal. Your enthusiasm and professional approach in all matters enabled us to work with you in a very friendly and easy manner.
– Magi team, led by Anil Sahgal, were consultants to the Bank to select a long-term exclusive Bancassurance partner. The process included end-to-end RFP design and management, operational reviews, bid assessments, financial and legal negotiations with short-listed companies to successful partnership agreement.
COO, Insurance, SE Asia
Anil! Thank you for being with us on our journey from bid to launch. You definitely helped us in so many ways from financials to legal, to sales to operations.
– Magi team, led by Anil Sahgal, assisted the client in successfully securing a long-term exclusive partnership with a leading Bank and subsequently supporting the Insurer in launch of the Bancassurance business. The scope included due diligence, financial and actuarial modelling, bid strategy, financial and legal negotiations, operational readiness and launch business plan
Jumoke Ogundare
Our relationship with MAGI started when we invited the Company to assist us in restructuring a life insurance business in which we had acquired majority shares. MAGI worked very closely with us and the team shared its numerous and varied experiences of companies they had worked in and worked with that had gone through similar business phases. The team got our team involved in the transformation process in order to ensure our ownership of the programme and where necessary, rolled up its sleeves to assist with implementation. What was particularly impressive was the team’s willingness to assist in areas outside their mandate which demonstrated their interest in ensuring the success of the company. MAGI did not work for us but worked with us in putting our Company on its road to success.
– Magi supported the client in developing a transformation strategy and business plan for the acquired business, covering products, agency and third party distribution channels, operations and customer services. Magi supported the client through the transformation and change process including implementation support.
