Shriram General Insurance Partners with Contai Co-Operative Bank

News Desk, News Nation 360 : A Corporate Agency Agreement has been formed between Contai Co-operative Bank and Shriram General Insurance Company Ltd. (SGI), one of India's top general insurance carriers and a member of the 52-year-old Shriram Group. The 16 branches of Contai Co-operative Bank will now offer SGI's wide range of general insurance products, such as health, personal accident, automobile, and GPA (Group Personal Accident) policies, among other retail and commercial offers. This partnership is a component of SGI's overarching plan to increase insurance uptake in underprivileged areas and offer more people easily accessible, reasonably priced financial security. With more than 80 years of history and a yearly revenue of more than ₹2,000 crore, Contai is the biggest urban cooperative bank in eastern India. Speaking on the tie-up, Anil Aggarwal, MD & CEO, Shriram General Insurance, stated that they are thrilled to collaborate with a reputable organisation such as Contai Co-operative Bank. This partnership enhances their presence in Eastern India and further their goal of providing last-mile residents with accessible and reasonably priced insurance. Building long-term resilience and providing more individuals with the necessary financial protection are their shared goals.

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