Bengaluru, Aug 27: Bajaj Allianz Life, one of the country’s leading life insurance companies, today entered into a corporate agency partnership with Syndicate Bank to offer life insurance solutions to the bank’s customers.
Through this partnership, Syndicate Bank will provide Bajaj Allianz Life’s value-packed life insurance solutions to its customers. The insurer’s products will be available at the Bank’s 4,100+ branch offices spread across 28 states and 9 union territories of India.
Tarun Chugh, MD and CEO of Bajaj Allianz Life said, “Our tech-enabled servicing solutions will empower Bank employees to engage with their customers on need analysis basis and thereby provide the right life insurance product to meet customers’ life goals. This collaboration is noteworthy for us, as Syndicate Bank will help our value packed life insurance solutions reach many more people in the country and play a key role in helping them achieve their life goals".
Syndicate Bank MD and CEO Mrutyunjay Mahapatra said, “This partnership is in line with our endeavour to expand our financial services portfolio. This, in addition to our technology driven banking solutions, will ensure customer delight on one hand and shore up our fee income on the other." (UNI)