You are here: Home » PTI Stories » National » News
Business Standard

Canara Bank, Bajaj Allianz General Insurance ink pact

Press Trust of India  |  Mumbai 

State-owned lender and Bajaj General Insurance, a private sector general insurer, have signed corporate agency agreement for the distribution of Bajaj Allianz's general products through Canara Bank's extensive network of 5,920 branches across the country.

Under this strategic agreement, Bajaj GI will offer its industry's leading general products to the customers of Canara Bank.



The partnership aims to provide enhanced customer experience by leveraging technology to augment the comprehensive range of third party products and services distributed by the bank.

* * * * * *

to have short-term effect on cos: * Private non-life insurer General today said that of currency notes will have a short-term effect on general companies.

"of currency notes will have a short term effect on general companies," General senior vice president and chief financial officer Rikhil Shah said in a statement.

"Companies with larger agency channel may see an impact in the short period. This could be true for rural and micro covers, which have smaller premiums," he said, adding that "the industry might see a dip in premium in the immediate short term, especially in tier II and III cities.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

RECOMMENDED FOR YOU

Canara Bank, Bajaj Allianz General Insurance ink pact

State-owned lender Canara Bank and Bajaj Allianz General Insurance, a private sector general insurer, have signed corporate agency agreement for the distribution of Bajaj Allianz's general insurance products through Canara Bank's extensive network of 5,920 branches across the country. Under this strategic agreement, Bajaj Allianz GI will offer its industry's leading general insurance products to the customers of Canara Bank. The partnership aims to provide enhanced customer experience by leveraging technology to augment the comprehensive range of third party products and services distributed by the bank. * * * * * * Demonetisation to have short-term effect on insurance cos: SBI * Private non-life insurer SBI General Insurance today said that demonetisation of currency notes will have a short-term effect on general insurance companies. "Demonetisation of currency notes will have a short term effect on general insurance companies," SBI General Insurance senior ... State-owned lender and Bajaj General Insurance, a private sector general insurer, have signed corporate agency agreement for the distribution of Bajaj Allianz's general products through Canara Bank's extensive network of 5,920 branches across the country.

Under this strategic agreement, Bajaj GI will offer its industry's leading general products to the customers of Canara Bank.

The partnership aims to provide enhanced customer experience by leveraging technology to augment the comprehensive range of third party products and services distributed by the bank.

* * * * * *

to have short-term effect on cos: * Private non-life insurer General today said that of currency notes will have a short-term effect on general companies.

"of currency notes will have a short term effect on general companies," General senior vice president and chief financial officer Rikhil Shah said in a statement.

"Companies with larger agency channel may see an impact in the short period. This could be true for rural and micro covers, which have smaller premiums," he said, adding that "the industry might see a dip in premium in the immediate short term, especially in tier II and III cities.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Canara Bank, Bajaj Allianz General Insurance ink pact

State-owned lender and Bajaj General Insurance, a private sector general insurer, have signed corporate agency agreement for the distribution of Bajaj Allianz's general products through Canara Bank's extensive network of 5,920 branches across the country.

Under this strategic agreement, Bajaj GI will offer its industry's leading general products to the customers of Canara Bank.

The partnership aims to provide enhanced customer experience by leveraging technology to augment the comprehensive range of third party products and services distributed by the bank.

* * * * * *

to have short-term effect on cos: * Private non-life insurer General today said that of currency notes will have a short-term effect on general companies.

"of currency notes will have a short term effect on general companies," General senior vice president and chief financial officer Rikhil Shah said in a statement.

"Companies with larger agency channel may see an impact in the short period. This could be true for rural and micro covers, which have smaller premiums," he said, adding that "the industry might see a dip in premium in the immediate short term, especially in tier II and III cities.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard