IndusInd Bank has signed a corporate agency agreement with Reliance General Insurance, with the objective to distribute multiple options of general insurance products to its customers.
With this partnership, Reliance General Insurance has extended its distribution channels and will distribute its insurance products across all the branches of IndusInd Bank.
This is the first tie Bancassurance post the recent multi bank partner guidelines issued by IRDAI.
Rakesh Jain, CEO, Reliance General Insurance,, “ With the alignments of our brands, people and processes, we hope to create huge value for all our customers and stake holders on a long term basis.”
Source: Asia Insurance Post
Date: 23rd May, 2016.