bancassurance

1. It has been that large number of claims are repudiated because of discrepancy in physical address on value at risk in claim form. In many policies, the bank writes…

Tamilnad Mercantile Bank (TMB) has tied up with Cholamandalam MS General Insurance Company Ltd and Max Life Insurance Company to offer insurance products through the bank. This would take the…

Collaboration to offer life insurance solutions of Aditya Birla Sun Life Insurance through Bharat Co-operative Bank’s (Mumbai) 103 plus branches Aims at combining synergies to enhance the reach of life insurance products  Aditya Birla…

HDFC Life Insurance Company announced a bancassurance tie-up with South Indian Bank (SIB). This bancassurance arrangement will enable customers of SIB to avail HDFC Life's life insurance products, including solutions…

Bharti AXA Life Insurance has recently announced its bancassurance partnership with Fincare Small Finance Bank for distribution of life insurance products through the bank’s pan-India network. This alliance will make…

Max Life Insurance said it has hired over 2,000 executives during the first half of this fiscal in midst of the COVID-19 pandemic. By efficiently digitizing its recruitment and onboarding…

Syndicate Bank and SBI Life Insurance  have signed a bancassurance pact to offer a comprehensive financial planning solution to its customers. The agreement was signed in the presence of Syndicate Bank Managing…

HSBC Oriental Bank of Commerce Life Insurance recently posted a 51 % increase in net profit at Rs. 168 crore in 2017-18. The individual new business premium rose 34 per…

Reliance Nippon Life Insurance Co Ltd recently stated that a comprehensive bancassurance agreement is signed with Bank of Maharashtra. "This partnership is aimed at enhancing the bank's customer proposition and…

Introduction Digitalization is the use of digital technologies to change a business model and provide new revenue and value-producing opportunities; it is the process of moving to a digital business.…