Universal Sompo General Insurance ties bancassurance partnership with Puduvai Bharathiar Grama Bank

Universal Sompo

Universal Sompo General Insurance has joined hands with Puduvai Bharathiar Grama Bank on 11 November 2020 in a bid to initiate a bancassurance partnership.  Puduvai Bharathiar Grama Bank operates in the entire union territory of Puducherry, covering all four regions — Puducherry, Karaikal, Mahe & Yanam and with the partnership Universal Sompo attempts to offer a range of general insurance solutions and innovative products to the partner bank customers such as Arogya Sanjeevani and MSME covers. As a part of this venture, the company would closely work with the lender to impart product and operational training and streamlining processes.

Universal Sompo General Insurance Co. Ltd is a joint venture of Indian Bank, Indian Overseas Bank, Karnataka Bank Ltd, Dabur Investment Corporation and a leading general insurer from Japan, Sompo Japan Insurance Inc.

It has footprints across the country to serve its customers with 17 Zonal Offices, 86 Branch Offices and a 1500 strong workforce. It offers a wide-range of products catering to Retail, Rural, SME & Corporate customer segments.

"Exciting news! Elets Banking & Finance Post is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest insights!" Click here!

Elets The Banking and Finance Post Magazine has carved out a niche for itself in the crowded market with exclusive & unique content. Get in-depth insights on trend-setting innovations & transformation in the BFSI sector. Best offers for Print + Digital issues! Subscribe here➔ www.eletsonline.com/subscription/

Get a chance to meet the Who's who of the Banking & Finance industry. Join Us for Upcoming Events and explore business opportunities. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram & Pinterest.