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Our Bureau

Mumbai , Aug. 10

BAJAJ Allianz Life Insurance has secured bancassurance partnerships with five co-operative banks. These include the Parwanoo Urban Cooperative Bank (Himachal Pradesh), Integral Urban Cooperative Bank Ltd (Jaipur), Ajit Sahakari Bank Ltd (Pune), Manjeri Cooperative Urban Bank Ltd (Manjeri, Kerala) and Hubli Urban Cooperative Bank Ltd (Hubli).

"Bajaj Allianz has embarked upon making available simple and easy insurance at the most popular financial market place — the banks. Co-operative banks enable us to get closer to the customers in India in all the nooks and corners of the country," said Mr Sam Ghosh, Country Manager, Allianz and CEO, Bajaj Allianz Life Insurance, in a press release.

The company, currently, has bancassurance tie-ups with Standard Chartered Bank, Centurion Bank, Syndicate Bank and Jankalyan Sahakari Bank.

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