Capital Small Finance Bank has announced a bancassurance corporate agency tie-up with ICICI Lombard General Insurance. Anand Singhi, chief- retail and government, ICICI Lombard, said, “Our alliance with Capital Small Finance Bank is a strategic move to further expand our reach especially with the bank being deeply entrenched in Northern India.
Similarly Federal Bank announced a bancassurance tie-up with Tata AIA Life Insurance Co Ltd, This strategic alliance aims to provide Federal Bank’s customers, access to Tata AIA Life’s comprehensive insurance product suite.