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Andhra Pradesh
Max Life, district co-op bank tie up
Hyderabad, Sept. 28
Max New York Life (MNYL) and the District Cooperative Central Bank Ltd, Mahabubnagar, today announced a strategic referral tie-up. MNYL will utilise the branch network of the district bank to sell its life insurance products. The tie-up with the district cooperative bank will further strengthen the company’s rural presence in Andhra Pradesh. MNYL’s insurance products will be sold through a network of 120 branches of the district bank. Mr R.P. Singh, Senior Vice-President and Head - Rural Business, Max New York Life, and Mr K. Veerareddy, Chairman of the district cooperative bank, signed the agreement.
– Our Bureau
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