Bancassurance

SBI Common Insurance coverage, HSBC India in bancassurance tie-up

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SBI Common Insurance coverage Firm Restricted (SBI Common Insurance coverage) and HSBC India have entered right into a bancassurance partnership for the distribution of non-life insurance coverage merchandise by latter’s community. This partnership represents a major step in direction of offering accessible and complete insurance coverage options, serving to enhance insurance coverage penetration within the … Read more

LIC enters into tie-up with IDFC First Financial institution underneath company company association

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Life Insurance coverage Company of India (LIC) has entered right into a tie-up with IDFC First Financial institution Ltd underneath company company association. This tie-up will facilitate greater than 1 crore clients of IDFC First Financial institution to purchase LIC insurance policies on-line by visiting the financial institution’s web site, India’s largest life insurer mentioned … Read more

Bancassurance, the important thing to common protection

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Bancassurance is often thought of “win-win” for a financial institution and an insurance coverage firm as they enter right into a tie-up for distribution of insurance coverage merchandise. However, if an unlimited part of the beforehand uninsured inhabitants can get insurance coverage cowl by means of this channel, the state of affairs turns into “win-win-win”. … Read more

Aditya Birla Solar Life, IDFC First Financial institution in pact to collaborate on monetary options

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Aditya Birla Solar Life Insurance coverage and IDFC First Financial institution have entered right into a bancassurance partnership to supply insurance coverage options to the financial institution’s prospects. Below this collaboration, the insurer will leverage the in depth distribution community of IDFC First Financial institution. Aditya Birla Solar Life will supply services and products, together … Read more