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Our Bancassurance philosophy
The company has set up a dedicated SBU to cater to bancassurance business managed by dedicated teams for each bank partner across all locations to ensure highest levels of service to the channel and their customers and to provide complete support and value addition to the bank partners.
Our bancassurance philosophy emphasizes on complete respect for the partner’s brand and business model with a clear understanding that the partner owns the customer.
We have tied up with partners like ABN Amro Bank, ICICI Bank and Centurion Bank, to ensure complete support and continuous value addition to the partner. The business philosophy behind the bancassurance initiative is to leverage distribution synergies with partners. The channel offers unmatched product suite customized for bank channels and customers.
We are the only company with a dedicated bancassurance distribution channel. Our key bancassurance partners include ICICI Bank, ABN Amro Bank and Centurion Bank. We completely respect the partner’s brand and business model and believe that the customer is “owned” by the partner.
 | ICICI Bank: ICICI Bank has a network of about 470 branches and extension counters and over 1,800 ATMs. It offers a wide spectrum of banking products and financial services to corporate and retail customers through a variety of delivery channels. |
| ABN Amro : ABN Amro Bank (India) has 81 year long experience in the Indian business scenario. It ranks among the top 10 banks in the world in size and strength. As an international bank, it has more than 3,500 branches in over 70 nations across the globe. |
| Centurion Bank: Centurion Bank has an extensive network of branches across India. Each branch has access to Centurion Banks technologies to offer unparalled services to customers. The Bank will distribute personal and business covers of ICICI Lombard through its branches, direct sales teams and marketing offices across India. |
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