Friday, Mar 29 2024 | Time 20:42 Hrs(IST)
image
States » South


Digit Insurance forays into Bancassurance with Karur Vysya Bank

Bengaluru, Aug 22 (UNI) Digit Insurance, one of the fastest-growing general insurance companies in the world, that is on a mission to make insurance simple, today announced its ‘First Bancassurance Tie-up’, with Karur Vysya Bank which has a legacy of 100 plus years with 750 plus branches spread across India.
Speaking on the tie-up, P R Seshadri, MD & CEO, Karur Vysya Bank said, ‘We found a lot of synergies between our bank and Digit Insurance in our approach to meeting customer expectations. Together, we are looking forward to delivering innovative products like the ones aimed for catering insurance needs of SMEs. We are sure that our customers will get the best attention from Digit in terms of pricing and settlements.’
Speaking on the occasion, Digit Insurance Chairman Kamesh Goyal said, ‘Karur Vysya Bank combines traditional legacy with a digital approach, making them great partners for us to foray into Bancassurance. They have a strong customer base of Small & Medium Enterprise (SME) customers and that is one segment which is hugely under insured in India. Therefore, this tie-up will help us reach out to the SMEs in India with our innovative solutions that can also help such SMEs to cover for business interruption & loss with a fixed benefit, beyond the regular coverage available in the market.Under our mission of simplicity, the end customer will experience a seamless process as we will be having a customized API for KVB and our tie-up.’
More News

IIIT Hyderabad inks MoU with Plaksha Varsity to set up sustainability Centre

29 Mar 2024 | 8:01 PM

Hyderabad, Mar 29 (UNI) International Institute of Information Technology, Hyderabad (IIIT-H) and Plaksha University, a not-for-profit private research university located in Mohali (Punjab), signed an MoU here on Thursday to establish a Sustainability Centre based on Smart and Sustainable Communities.

see more..

Indo-US Naval joint amphibious operations off Kakinada concludes

29 Mar 2024 | 8:01 PM

Kakinada, Mar 29(UNI The joint amphibious operations between the Indian and US Navies off the coast of Kakinada have concluded.

see more..

AP: TDP Chief Naidu promises to develop R'Seema region better than Konaseema

29 Mar 2024 | 7:55 PM

Nandyal, Mar 29 (UNI) Telugu Desam Party National President and former Andhra Pradesh Chief Minister N Chandrababu Naidu has promised to develop the Rayalaseema region better than Konaseema in the state.

see more..

AP: J Nivas assumes office as new collector of Kakinada district

29 Mar 2024 | 7:26 PM

Kakinada (Andhra Pradesh), Mar 29 (UNI) Mr J. Nivas has assumed office as the new Collector of Kakinada district at a brief event held at the Collectorate here on Friday.

see more..

TTD to organize Asthana fete at Srivari temple on Apr 17

29 Mar 2024 | 7:14 PM

Tirumala, Mar 29 (UNI) Tirumala Tirupati Devasthanams (TTD) will organize a grand Asthana fete at Srivari temple on the occasion of the Sri Rama Navami festival on April 17.

see more..
image