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Future Generali India Insurance, a private sector general insurer, has entered into a corporate agency tie-up for its products with Bank of Maharashtra (BoM), a public sector bank.
With this tie-up, BoM’s customers will be able to buy motor, home, shopkeeper and rural insurance products at any of the 1,896 branches of the bank.
KG Krishnamoorthy Rao, MD and CEO, Future Generali India, said bancassurance is one of the key avenues to distribute insurance products across a wider audience. “An association with Bank of Maharashtra will aid us in building a strong outreach network for our customers,” Rao added.
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