FGII enters into bancassurance tie-up with Bank of Maharashtra

MUMBAI: Future Generali India Insurance Company ( FGII) today said it has entered into a corporate agency tie-up with Bank of Maharashtra.

"Bancassurance is one of the key avenues to distribute products. Our focus is to offer customised products, best customer service and sustain the trust of customers of Bank of Maharashtra," FGII Managing Director and CEO K G Krishnamoorthy Rao said in a release issued here.

Currently bancassurance accounts for 5 per cent of Future Generali's total business. It has tie-up with over 100 banks across the country.

"Through this partnership, we aim to immensely benefit our customers by providing them an ease of access while choosing from a diverse range of non-life insurance products, all under one roof," Bank of Maharashtra Managing Director and CEO Ravindra Prabhakar Marathe said.