The strategic alliance leverages Namdev’s buyer community and geographic presence, backed by Bajaj Basic Insurance coverage’s experience in insurance coverage merchandise. Because of this, the built-in services are anticipated to be rolled out in phases, with the preliminary choices being obtainable in key markets.
By the tip of the 12 months, these built-in services will probably be made obtainable in all branches, making certain nationwide availability.
Jitendra Tanwar, Managing Director of Namdev Finvest Pvt. Ltd. stated “we’re thrilled to affix forces with Bajaj Allianz Basic Insurance coverage. This collaboration enhances our product choices and delivers built-in monetary options that meet the evolving wants of our clients. Collectively, we’ll drive monetary inclusion and supply peace of thoughts by means of strong insurance coverage merchandise.”
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Commenting on the partnership, Alpana Singh, Head-Bancassurance, Agri and Govt Enterprise, Bajaj Allianz Basic Insurance coverage stated, “we’re delighted to companion with Namdev Finvest on this strategic alliance. This collaboration marks a pivotal second in our journey to offer complete and accessible monetary options to our clients.
By combining our experience in insurance coverage merchandise with Namdev Finvest’s in depth buyer community of greater than 100 branches and important geographic presence, we goal to ship unmatched worth and safety”.
As a part of this collaboration, Namdev strives to reinforce its product portfolio, and provide full danger cowl in opposition to belongings, thereby offering added worth to its clients. Concurrently, Bajaj Basic Insurance coverage to leverage Namdev’s buyer base to ship tailor-made insurance coverage merchandise and boast elevated market attain.
With plans to simplify the client expertise, each firms will provide a one-stop store for all monetary wants, combining loans, credit score services, and insurance coverage companies.
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