SBI General Insurance & HSBC India have forged a bancassurance partnership

SBI General Insurance and HSBC India have entered into a bancassurance partnership for the distribution of non-life insurance products.

Source: IBS Intelligence

This partnership represents a step towards providing accessible and comprehensive insurance solutions, which will help increase insurance penetration in the country.

Naveen Chandra Jha, MD & CEO, SBI General Insurance, said, “We are delighted to partner with HSBC India and serve their esteemed customers across the states. With our innovative range of products and the bank’s diverse customer base, we will be able to reach a broader customer base and offer them the protection they need against various risks.”

Combining the strengths of both organisations, this partnership aims to leverage SBI General Insurance’s wide range of products with HSBC India’s extensive network, providing customers seamless access to tailored insurance solutions to safeguard their assets and well-being.

Read full article: https://ibsintelligence.com/ibsi-news/sbi-general-insurance-hsbc-india-have-forged-a-bancassurance-partnership/

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