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Tuesday, May 03, 2005

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UTI Bank ties up with Bajaj Allianz General Insurance

Our Bureau

Mumbai , May 2

UTI Bank has entered into a bancassurance partnership with Bajaj Allianz General for selling general insurance products through its branch network. The bank will function as a corporate agent for Bajaj Allianz.

According to a press release, Mr Kamesh Goyal, CEO Bajaj Allianz said, "With UTI Bank's customer relations systems (CRM) we are confident of bringing customised products."

Apart from the standard insurance products of Bajaj Allianz, UTI Bank and Bajaj Allianz have also devised co-branded general insurance products, aimed at UTI Bank's customers.

The products that will be exclusively available to UTI Bank's customers are `Family Health" a health insurance policy with floater benefit for the entire family, `Safeguard', a personal accident insurance cover and `Safe Home', a household content insurance cover.

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