Business

Muthoottu Mini Financiers Ltd. announces corporate agency tie-up with HDFC ERGO

ANI | July 16, 2019 03:56 PM
Ankur Bahorey, President - Bancassurance, HDFC ERGO and Dr Kurian P Abraham, CEO - Muthoottu Mini Financiers Ltd. at the MoU signing

Mumbai (Maharashtra) [India] July 16 (ANI/NewsVoir): HDFC ERGO General Insurance Company, India's leading private sector general insurance company and Muthoottu Mini Financiers Ltd., announced the tie-up for the distribution of HDFC ERGO's range of non-life insurance offerings for the customers of the NBFC through its network branches.

The two companies have entered into a corporate agency partnership with the endeavour to provide customers' with comprehensive general insurance products through Muthoottu Mini Financiers Ltd.'s widespread network of over 750 branches which spreads across ten states and two union territories in India.

Through this association, HDFC ERGO will further strengthen its foothold in southern India, leveraging the NBFC's wide network and edge in priority lending sector. The tie-up also provides Muthoottu Mini Financiers Ltd. with the advantage to offer their customers' comprehensive solutions for their financial requirements under a single roof.

"The association with Muthoottu Mini Financiers Ltd. is an important milestone for us in our growth strategy. Their robust network will help us well establish our grip, especially in the southern part of our country. This adds another feather in our cap and is yet another step in reaching out to customers' and making our products available to all possible sections of the society", said Anuj Tyagi, Executive Director and Chief Business Officer, HDFC ERGO General Insurance.

"We are delighted to announce HDFC ERGO as our Bancassurance partner. This alliance marks the reaffirmation of our commitment to our customers' financial well-being by providing them with comprehensive insurance solutions. We look up to this partnership with high expectations of best-in-class insurance service experience for our customers, as a part of our 360-degree financial service offerings," said Dr Kurian P Abraham, CEO - Muthoottu Mini Financiers Ltd.

This story is provided by NewsVoir. ANI will not be responsible in any way for the content of this article. (ANI/NewsVoir)

Have something to say? Post your comment
Must Read
 UK MP Tanmanjeet Dhesi calls on Union Ministers Hardeep Puri, Som Parkash
UK MP Tanmanjeet Dhesi calls on Union Ministers Hardeep Puri, Som Parkash
Vigilance nabs junior auditor food supplies department for taking bribe
Vigilance nabs junior auditor food supplies department for taking bribe
Capt Amarinder calls for breaking Barriers of hatred on Janamashtmi Eve
Capt Amarinder calls for breaking Barriers of hatred on Janamashtmi Eve
Allegations levelled on Captain government’s Sarbat Sehat Bima Yojna are baseless & depict frustration of sad: Balbir Singh Sidhu
Allegations levelled on Captain government’s Sarbat Sehat Bima Yojna are baseless & depict frustration of sad: Balbir Singh Sidhu
Sensex crashes by 587 points amid heavy selling pressure, DLF plunges by 16 pc
Sensex crashes by 587 points amid heavy selling pressure, DLF plunges by 16 pc
Allow political parties to visit Jammu and Kashmir: Azad
Allow political parties to visit Jammu and Kashmir: Azad
Star cast of Naukar Vahuti Da mesmerizes audience at CT Group
Star cast of Naukar Vahuti Da mesmerizes audience at CT Group
Vet Varsity team assesses the livestock challenges in flood hit areas
Vet Varsity team assesses the livestock challenges in flood hit areas
Novel strategizing by Cooperation Minister Sukhjinder Singh Randhawa
Novel strategizing by Cooperation Minister Sukhjinder Singh Randhawa
Punjab to canalise its rivers, with technical support from WB & ADB, announces Capt Amarinder
Punjab to canalise its rivers, with technical support from WB & ADB, announces Capt Amarinder
New Bard of Blood teaser featuring SRK is here
New Bard of Blood teaser featuring SRK is here
Fourth Aadhaar Seva Kendra gets operational in Hisar
Fourth Aadhaar Seva Kendra gets operational in Hisar