Shriram General Insurance Company (SGIC) has announced a strategic partnership with The Muthoot Group, enabling Muthoot Securities Ltd customers to easily access SGIC’s range of general insurance products through an integrated online platform. This collaboration, formalized by Ragesh GR, CEO of Muthoot Securities Ltd, and Aftab Alvi, Executive Director & Chief Marketing Officer of SGIC, aims to offer a seamless and convenient insurance purchasing experience.
The partnership allows Muthoot Securities’ customers to explore and buy SGIC’s comprehensive insurance solutions—including motor, fire, engineering, and health insurance—directly from the platform, anytime and from anywhere. This integration aligns with India’s efforts to improve financial inclusion, making insurance more accessible to a broader audience by combining the expertise of both companies.
Anil Aggarwal, MD & CEO of Shriram General Insurance Company, expressed confidence that the partnership will help increase insurance penetration in India, while also enabling The Muthoot Group to expand its portfolio of financial services.
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