ICICI Lombard in bancassurance tieup with CSB


lombardICICI Lombard General Insurance has reportedly partnered with Kerala-based Catholic Syrian Bank (CSB) for sale of its products through 431 branches of the bank.

Through the bancassurance tie-up, the company will able to offer general insurance solutions to the bank’s customer base, which has strong presence in the southern and western parts of the country.

ICICI Lombard’s focus is on the small and medium enterprises (SMEs) and retail client segments apart from NRI customers.

According to report, the company will offer retail as well as corporate products through the bank branches.