Future Generali India Insurance Company Ltd (FGIL) has entered into a corporate agency tie-up for its products with Bank of Maharashtra (BOM), a public sector bank.
With this tie-up, BOM’s customers will be able to avail of motor, home, shopkeeper and rural insurance products at any of the 1,896 branches of the bank.
Anurag Sinha, Senior Vice President -Bancassurance and Zonal Manager-West, FGIL, exchanged the corporate agency agreement with Ravindra Prabhakar Marathe, Managing Director & Chief Executive Officer, Bank of Maharashtra.
K.G. Krishnamoorthy Rao, MD & CEO, Future Generali India Insurance Company, said bancassurance is one of the key avenues to distribute insurance products across a wider audience. “An association with Bank of Maharashtra will aid us in building a strong outreach network for our customers. Our focus is to offer customised products, best customer service and sustain the trust of customers of the bank,” Rao added.
Ravindra Marathe said: “Through this partnership, we aim to immensely benefit our customers by providing them ease of access while choosing from a diverse range of non-life insurance products, all under one roof”.