Kochi | ICICI Lombard General Insurance Company, one of India’s leading private general insurance companies has announced a tie-up with Catholic Syrian Bank.
Through the tie-up, the Company would be able to offer general insurance solutions to the bank’s customer base in Kerala, Tamil Nadu, Karnataka and Maharashtra, a release said here today.
The 94-year-old Kerala-based bank has a strong presence in the South and West regions of the country and had a robust distribution network of 431 branches across 15 states and four union territories as on December 31,2014.
ICICI Lombard would be able to offer its risk solutions to the bank’s wide customer base of 1.61 million clients(as on December 31, 2014).
Commenting on the occasion, ICICI Lombard GIC Ltd MD and CEO Bhargav Dasgupta . said ‘we are privileged to join hands with Catholic Syrian Bank, which has a rich heritage of serving its customers over 94 years.
As individuals and business owners strive to scale new highs, it is critical that they are adequately covered with the right shield of insurance solutions across business, health, motor and other covers. At ICICI Lombard, our endeavour would be to address the risk mitigation needs and thereby benefit Catholic Syrian bank’s esteemed clientele through relevant insurance offerings.’
In his remark Catholic Syrian Bank Ltd MD and CEO Anand Krishnamurty said that ”we are very excited about the tie-up with ICICI Lombard for the General insurance bank-assurance partnership. Our focus is to bring value added and innovative products to our customers ‘ specifically to the small and medium enterprise and the individual retail segments.
ICICI Lombard brings an excellent suite of products from which we believe that our clients can benefit. We look forward to the success of this partnership.’
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