TATA AIG partners with Mahindra Finance to expand insurance offerings
Partnership to offer wide range of general insurance products like health, accidental, motor, and other non-life insurance solutions to Mahindra Finance customers
TATA AIG, a general insurance provider in India, has formed a partnership with Mahindra Finance, a non-banking finance company.
This collaboration aims to extend the distribution of TATA AIG's non-life insurance products to Mahindra Finance's customers.
Under this new partnership, TATA AIG will provide a range of general insurance products, including motor, health, personal accident, and other non-life insurance solutions, to over 10 million customers of Mahindra Finance.
Neelesh Garg, Managing Director & CEO at TATA AIG General Insurance Co. Ltd, remarked, "This collaboration with Mahindra Finance is an important move towards making our insurance products more accessible. We are committed to offering customised solutions that cater to the diverse needs of our partners, ensuring comprehensive protection and financial security."
Raul Rebello, Managing Director & CEO, Mahindra Finance, added, "We are delighted to enter into a strategic alliance with TATA AIG to offer insurance solutions to our customers. It is a significant step in our commitment to providing agile and efficient products, powered by personalised customer experiences, towards being a responsible financial solution partner to Emerging India."
The collaboration aims to deliver customer-centric insurance solutions to meet the diverse needs of individuals and families across various regions.
Mahindra Finance's distribution network will facilitate the delivery of TATA AIG's insurance products for customers.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Rs 3,500 Monthly SIP for 35 years vs Rs 35,000 Monthly SIP for 16 Years: Which can give you higher corpus in long term? See calculations
Small SIP, Big Impact: Rs 1,111 monthly SIP for 40 years, Rs 11,111 for 20 years or Rs 22,222 for 10 years, which do you think works best?
SBI 444-day FD vs PNB 400-day FD: Here's what general and senior citizens will get in maturity on Rs 3.5 lakh and 7 lakh investments in special FDs?
Looking for short term investment ideas? Analysts suggest buying these 2 stocks for potential gain; check targets
Power of Compounding: How long it will take to build Rs 5 crore corpus with Rs 5,000, Rs 10,000 and Rs 15,000 monthly investments?
01:39 PM IST