Chola MS General Insurance and IndusInd Bank have renewed their corporate agency arrangement for a period of five years.
The partnership garnered about ₹3,700 crore in the last five years and serviced close to half-a-million customers in the last financial year alone.
Chola MS offers a range of insurance products across motor and non-motor lines of businesses through IndusInd Bank’s outlets. It targets to double its premium over the next five years, according to a statement.