The National Life Insurance LLC (NLIC) of Mongolia has signed an MoU with two Mongolian entities, Golomt Bank, and Bodi Daatgal, a general insurance company, and with Sun Reinsurance Brokers of UAE. The goal is to introduce a distribution model in Mongolia that will maximize bank customers’ services with life insurance through the provision of wider range of products and solutions. NLIC is the first and, so far, only life insurer in Mongolia licensed by the Financial Regulation Committee.