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HDFC ERGO Announces Corporate Agency Tie-up with Federal Bank

ANI  |  Mumbai (Maharashtra) [India] 

ERGO General Company, India's leading private sector general company and Federal Bank, announced tie-up for the distribution of ERGO's range of non-life offerings to the customers of the through its network branches.

The two entities have joined hands and entered into a corporate agency partnership to offer comprehensive general through the network of Federal Bank's 1250+ branches spread across the entire country. The with its Pan network and technological edge comes as an advantage for ERGO. Federal Bank's deep-rooted presence in Southern markets also allows the Company to strengthen its foothold within the region. Also, this enables Federal to offer their customers' a comprehensive solution for all their financial requirements under a single roof.

Commenting on the tie-up, Anuj Tyagi, Executive Director & Chief Distribution Officer, HDFC ERGO General Insurance said, "Our practice over the years has matured to offer comprehensive to end customers both digitally and physically, which benefits the customers in many ways. Our alliance with is an important milestone and allows us to collaborate and expand our reach by offering our to a wider audience across the country through the Banks branches and digital network. It is our constant endeavour to make our products more widely available for the consumers from all sections of the society and we see immense opportunity in our association with "

Jose K Mathews, Retail Business, said, "Our aim has always been to create greater value for our customers and the tie-up with HDFC ERGO will give our customers access to a host of general which are designed to address their needs. We are delighted to announce HDFC ERGO as our partner. This alliance marks the reaffirmation of our commitment to our customers' financial well-being by providing them with comprehensive

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

First Published: Wed, December 05 2018. 19:05 IST