As the Central Bank of India completes at 25.18 per cent stake acquisition in Future Generali India Life Insurance (FGILI), making a foray into life insurance, Alok Rungta, managing director and chief executive officer, FGILI, talks to Aathira Varier in a virtual interview on the impact of the bancassurance channel and the company’s growth strategies. Edited excerpts:
How will the partnership with the Central Bank of India augment business for FGILI?
It will be positive. We will look at rebranding, which is positioning the brand identity in a new manner. Second, bancassurance distribution in the country has outpaced the growth