SBI General Insurance (one of the leading General Insurance companies in India) and UttarbangaKshetriyaGramin Bank (one of the key Banks in North Bengal) signed a Corporate Agency Agreement recently. Under this strategic tie-up agreement, SBI General Insurance will offer a comprehensive range of general insurance products.This association will enable distribution of SBI General’s retail products through UttarbangaKshetriyaGramin Bank’s extensive network in the state of West Bengal.
“Our alliance with UttarbangaKshetriyaGramin Bank is an important milestone in our journey to further strengthen our distribution of products and clientele in the region. With this tie-up, we hope to increase insurance penetration. UttarbangaKshetriyaGramin Bank, with its wide reach of over 142 Branchesin the area will help us reach out to a larger customer base”, said Mr. Samir Chhabra, Head – Bancassurance, SBI General Insurance.
General Manager of Uttarbanga Kshetriya Gramin Bank, Sri D K Singhsaid, “The tie up with SBI General Insurance Co. Ltd. will help our Bank to offer wide range non-life insurance products to our customers, and help us provide a complete 360 degree financial protection.”
