New Delhi, Sep 30 : Leading private sector insurance firm ICICI Prudential Life Insurance on Monday signed a corporate agency agreement with Airtel Payments Bank that would enable the customers an easy access to life insurance and savings plans.
This partnership aims to leverage Airtel Payments Bank’s deep distribution network and digital reach to offer millions of uninsured Indians with innovative and affordable life insurance products by ICICI Prudential Life Insurance, the companies said in a statement.
ICICI Prudential Life Insurance Managing Director and CEO N S Kannan said, “This partnership has paved the way for the Bank’s account holders to expeditiously purchase life insurance and offer a financial safety-net to their families. Bridging the protection gap in the country is imperative and the need of the hour is to offer affordable & simple products and leverage technology to smoothen the purchase experience.”
“We are delighted to partner with ICICI Prudential Life Insurance as part of our endeavor to offer a bouquet of well-designed and innovative insurance products to millions of underinsured and uninsured Indians through our extensive distribution network and digital reach. This association is one more step taken by us to contribute towards the Government of India’s vision of creating a financially inclusive society,” Airtel Payments Bank Managing Director and Chief Executive Officer Anubrata Biswas said.(UNI)