United India Eyes Rs 20 Crore Premiums Via Bancassurance
United India Insurance Co Ltd (UII) expects to earn a premium income of Rs 20 crore through bancassurance alliances this fiscal.
The company has earned about Rs 3.5 crore from its tie-up with Andhra Bank in the last nine months.
UII has also entered into partnerships with the Indian Bank and the South India Bank.
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The company recently tied-up with Federal Bank as its latest bancassurance partner.
V Jagannathan, chairman and managing director, UII, said,