Utkarsh Bank, HDFC Ergo in tie-up

Banking Frontiers - - Pb & Sfb -

Pri­vate in­sur­ance com­pany HDFC Ergo Gen­eral In­sur­ance has signed a cor­po­rate agency agree­ment with Utkarsh Small Fi­nance Bank for the distri­bu­tion of gen­eral in­sur­ance prod­ucts through the Bank’s net­work of branches across the coun­try. Un­der the agree­ment, the bank will of­fer gen­eral in­sur­ance prod­ucts from HDFC Ergo to its gen­eral bank­ing and mi­cro bank­ing clients across In­dia. Anuj Tyagi, ED, HDFC Ergo Gen­eral In­sur­ance said partnering with Utkarsh Small Fi­nance Bank is an im­por­tant mile­stone for the com­pany as part of its growth strat­egy. The part­ner­ship aims to pro­vide en­hanced cus­tomer ex­pe­ri­ence by lever­ag­ing tech­nol­ogy to aug­ment the com­pre­hen­sive range of third party prod­ucts and ser­vices dis­trib­uted by the bank.

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